Procurement Round Commitment Point definition

Procurement Round Commitment Point means the specific entry points at which the Customer may join Procurement Rounds for a particular Gas Product from time to time as notified by the Authority to the Supplier in accordance with the Framework Agreement, being, as at the date of this Agreement, thirty (30) Months, eighteen (18) Months and six (6) Months prior to the Supply Start Date of the Relevant Procurement Year.
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Procurement Round Commitment Point has the meaning given in Paragraph 3.1 of Schedule 3. Procurement Year means each period of twelve (12) Months commencing on either the first (1st) of April or the first (1st) of October, or on such other dates as otherwise specified by the Authority from time to time.
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Examples of Procurement Round Commitment Point in a sentence

  • METHODOLOGY FOR THE PROVISION OF GAS PRODUCTS Customer Demand Aggregation As soon as reasonably practicable and in any event within thirty (30) Days following a Procurement Round Commitment Point for a particular Gas Product, the Authority shall provide the Supplier with a Site List in respect of the Committed Customers for that Procurement Round and Gas Product.

Related to Procurement Round Commitment Point

  • Incremental Revolving Commitment has the meaning assigned to such term in Section 2.14(a).

  • Incremental Commitment means any commitment made by a lender to provide all or any portion of any Incremental Facility or Incremental Loan.

  • Initial Commitment means, as to the Lender, its obligation to make an Initial Loan to the Borrower pursuant to Section 2.01(a) in an aggregate amount not to exceed the amount set forth opposite the Lender’s name in Schedule 1.01A under the caption “Initial Commitment”, as such amount may be adjusted from time to time in accordance with this Agreement (including Section 2.14). The initial aggregate amount of the Initial Commitments is $75,000,000.

  • Total Revolving Commitment means the sum of the Revolving Commitments of the Lenders as the same may be decreased or increased pursuant to the terms of this Agreement. As of the Closing Date, the amount of the Total Revolving Commitment is $250,000,000.

  • Incremental Commitments has the meaning set forth in Section 2.14(a).

  • Group Commitment means with respect to any Purchaser Group the aggregate of the Commitments of each Purchaser within such Purchaser Group.

  • Replacement Revolving Facility has the meaning assigned to such term in Section 9.02(c)(ii).

  • Initial Revolving Facility means the Initial Revolving Credit Commitments and the Initial Revolving Loans and other extensions of credit thereunder.

  • Incremental Revolving Facility has the meaning assigned to such term in Section 2.22(a).

  • Revolving Commitment Increase has the meaning set forth in Section 2.14(a).

  • Initial Term Loan Commitment means the commitment of an Initial Term Lender under the Original Credit Agreement to make or otherwise fund an Initial Term Loan and “Initial Term Loan Commitments” means such commitments of all Initial Term Lenders in the aggregate. The aggregate amount of the Term Loan Commitments was $2,000,000,000 on the Closing Date before the funding of any Term Loans.

  • Additional Commitments means any commitments hereunder added pursuant to Section 2.22, 2.23 or 9.02(c).

  • Additional Commitment means any commitment hereunder added pursuant to Sections 2.22, 2.23 or 9.02(c).