Projected Volume definition

Projected Volume means the forecasted production of oil and natural gas reserves of the Borrower and its Restricted Subsidiaries, as determined as of the last day of each fiscal quarter, by the Borrower based on the Borrower’s internal engineering reports.

Projected Volume means, at any time, the Borrower’s reasonably anticipated projected future production from Oil and Gas Properties of the Borrower and the other Credit Parties.

Projected Volume means the forecasted production of oil and natural gas reserves of the Borrower and its Restricted Subsidiaries, as determined as of the last day of each fiscal quarter, by the Borrower based on the Borrower’s internal engineering reports

Examples of Projected Volume in a sentence

• Projected Volume of Primary Total Joint Arthroplasty in the U.S., 2014 to 2030.

• Where charges are based on Customer’s projected volume of usage of the Service (“Projected Volume”), BT may review Customer’s actual usage against such Projected Volume from time to time and revise the charges to reflect the actual usage.

• Based on (i) the transaction history of the recent two years, which consisted of corn only; and (ii) corn is widely consumed as animal feed while the customers of the Group are mainly engaged in animal feed/livestock farming business in the PRC, the Management expects that it is highly likely that all of the Projected Volume of the Products will be corn.

• Given that (i) 98.2%, 100.0%, 100.0% and 100.0% of the volume of the historical Supply Transactions of the Products purchased from the Supplier Group by the Group for each of FY2015, FY2016, FY2017 and FY2018 were corn; and (ii) the Management expects that it is highly likely that all of the Projected Volume will continue to be corn, we are of the view that it is reasonable for the Management to use the price of corn to estimate the proposed Annual Caps.

• Table 3.3-5 Base Condition Grain Shipments and Transportation, Storage and Handling Costs for 2007 Projected Volume, by State.Grain Transportation Storage Handling TotalState/Unit CostBushels/Tons($)($)Costs associated with grain transport under the base condition were converted to average annual amounts over the period of analysis, 2007-2106.

More Definitions of Projected Volume

Projected Volume means, at any time, the Borrower’s reasonably anticipated projected future production from Oil and Gas Properties of the Borrower and the other Loan Parties.

Projected Volume means the forecasted production of oil and natural gas reserves of the Borrower and its

Projected Volume means the reasonably anticipated production of crude oil, natural gas and natural gas liquids, calculated separately, as such production is projected from the Borrower’s and its Subsidiaries’ Oil and Gas Properties constituting Proved Reserves, as set forth in the Pre-Petition Reserve Report and thereafter in the most recent Reserve Report delivered pursuant to the terms of this Agreement.

Projected Volume means, at any time, the Borrower’s reasonably anticipated projected future production from Oil and Gas Properties of the Borrower and the other Credit Parties; provided, that, for the purposes of each instance under this Agreement where Projected Volume is to be calculated for any month that is more than 84 months following the date of determination, Projected Volume for each such month shall be the lesser of (a) the average Projected Volume for each month during the period beginning with the 73rd month following the date of determination through and including the 84th month following the date of determination and (b) the reasonably anticipated projected future production from Oil and Gas Properties of the Borrower and the other Credit Parties for such month.

Projected Volume has the meaning set forth in Section 5.2.

Projected Volume means the reasonably anticipated production of crude oil, natural gas and natural gas liquids, calculated separately, as such production is projected from the Borrower’s and its Restricted Subsidiaries’ Oil and Gas Properties constituting Proved Reserves, as set forth in the Initial Reserve Report and thereafter the most recent Reserve Report delivered pursuant to the terms of this Agreement.

Projected Volume means, at any timeas of September 30, 2019 and December 31, 2019, the Borrower’s reasonably anticipated projected future production from Oil and Gas Properties of the Borrower and the other Credit Parties for the period beginning September 30, 2019 and ending March 31, 2020.