Purchased Capacity definition

Purchased Capacity means Capacity Trade MDQ, confirmed and validated by the Service Provider in accordance with the Capacity Transfer and Auction Procedures, that the Shipper has acquired pursuant to an Operational Transfer.

Purchased Capacity means the Capacity on the Traffic Connections as to which the Purchaser has paid the Purchase Price and has been granted an IRU in accordance with this Agreement.

Purchased Capacity means the S Capacity set forth on Schedule I ------------------ hereto, together with to the extent necessary to allow the Purchaser to use its IRU in the applicable S Capacity, the applicable T Capacity.

Examples of Purchased Capacity in a sentence

• Refunds from suppliers of capacity are credited to account 242.1, “Undistributed Purchased Capacity Refunds.” Refunds from suppliers of gas and feed stocks are credited to account 242.2, “Undistributed Gas Suppliers’ Refunds.” Refunds associated with FERC Order 636 transition costs will not be credited to either 242 accounts, but will be credited directly to Account 175.46 - Transition Costs.

• Purchased Capacity Credits may not be sold, transferred or used in any way other than as provided for under this Section.

• Any sale, transfer or use of Purchased Capacity Credits in violation of this Agreement shall be deemed null and void.

• In exchange for the IRU interest granted pursuant to this Agreement in any MCU of Purchased Capacity, the Purchaser shall, on or before each Payment Due Date, pay to the Grantor's Account, in immediately available Dollars, an amount equal to the Purchase Price for the MCUs of Purchased Capacity to be purchased on such date, less the amount of any Initial Payment to be credited to such Purchase Price pursuant to Section 3(a).

• Each lessee, licensee and transferee of any right to use Purchased Capacity shall derive all of its rights solely through the Purchaser and such rights shall be enforceable solely against the Purchaser.

More Definitions of Purchased Capacity

Purchased Capacity means Installed Capacity with respect to which a Put Option or Call Option has been exercised.

Purchased Capacity the minimum Capacity (which shall include Capacity provided pursuant to the Backbone Agreements in accordance with the provisions of Section 8) in dollars to be acquired by the Purchaser on the Systems as set forth on Schedule 1 hereto.

Purchased Capacity. Purchased Capacity Shortfall," "Rates," "Required Capacity," "Shortfall Carrier," "Sub-DS-3 Backbone Agreement," "Sub-DS-3 Capacity" and "Sub-DS-3 Carrier." Sections 2.2, 2.3, 2.4, 2.5, 2.6, 3.3, 8 and 9.

Purchased Capacity means the Initial Purchased Capacity plus the First Come, First Served Capacity purchased and used by the City and the District under the terms and conditions set forth in this Agreement, as depicted in the chart in . Purchased Capacity also includes the capacity in the Shared Transmission Main and Shared Collector System necessary to convey Wastewater from the City to the Facility.

Purchased Capacity means the Sewage Capacity that the Township has purchased from the Borough by payment of the applicable tapping fee which as of the date of this Agreement is 424,947 gpd.

Purchased Capacity means all Capacity of the Facilities (less station power) as provided or delivered pursuant to Section [2.1].

Purchased Capacity means (a) with respect to Jointly Used Sewage Facilities, the amount of sewage capacity of a SROG Member expressed in millions of gallons per day that such SROG Member has purchased by the payment of the facility construction cost allocated to such SROG Member, and (b) with respect to Jointly Used Sewage Transportation Facilities, that part of the average daily flow expressed in millions of gallons per day that a SROG Member has purchased by participating in the total cost of the Jointly Used Transportation Facility.