Positive Imbalance Quantity definition

Positive Imbalance Quantity shall be as defined in the Operating Code.
Positive Imbalance Quantity means the excess of the aggregate of Shipper’s Allocated Quantities at all Entry Points over the aggregate of Shipper’s Allocated Quantities at all Exit Points on a Day, in each case. If there is no such excess then the Positive Imbalance Quantity shall be zero;

Examples of Positive Imbalance Quantity in a sentence

  • If there is no such excess then the Positive Imbalance Quantity shall be zero.

  • If the pressure at the Redelivery Point rises above the Acceptable Pressure Range and the Shipper does not have a Cumulative Positive Imbalance Quantity in excess of ten percent (10%) of the Delivery Point MDQ on that Day, then Shipper may serve a Pressure Notice on the Transporter in accordance with the Section 7.8. Shortfall Quantities may arise from this breach.

  • The Cumulative Imbalance at the end of a Day shall equal to Cumulative Imbalance at the start of the Day plus Positive Imbalance Quantity for the Day or minus Negative Imbalance Quantity for the Day, whichever is applicable.

  • Such invoice will be based on the Sales Index Price multiplied by the applicable factor as follows: Imbalance LevelFactor0% - 5%1.05Greater than 5% - 10%1.10Greater than 10%1.20 Imbalance Level shall be calculated by dividing the Positive Imbalance Quantity by the sum of the total quantities scheduled for delivery.

Related to Positive Imbalance Quantity

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Reportable quantity means one of the following:

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Maximum contaminant level goal or “MCLG” means the maximum level of a contaminant in drinking water at which no known or anticipated adverse effect on the health of persons would occur, and which allows an adequate margin of safety. MCLGs are nonenforceable health goals.

  • Alternative nicotine product means any vaping product, whether or not it includes nicotine, including electronic smoking devices, that can be ingested into the body by chewing, smoking, absorbing, dissolving, inhaling, or by any other means. ‘Alternative nicotine product’ does not include:

  • Positive Test Result means a finding of the presence of drugs, alcohol, or their metabolites in the sample tested in levels at or above the threshold detection levels contained in the standards of one of the programs listed in Minn. Stat. § 181.953, Subd. 1.

  • Imbalance means the difference between Deliveries to KUB for a Customer and Redeliveries by KUB to the Customer.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • SOFR Compounded Index means the Compounded Daily SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and