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.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

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

Effective on the Payment Date, the Grantor grants to the Purchaser, for the term set forth in Section 12 of this Agreement, an IRU in the Purchased Capacity for which payment has been made in accordance with Section 3(b) of this Agreement.
The Purchased Capacity Master Agreement shall otherwise remain in full force and effect as to other purchasing parties that are not Member Agencies, and DMWW shall retain the right to set rates and provide service under the Purchased Capacity Master Agreement for parties that are not Member Agencies of CIWW.
The Grantor will use reasonable efforts to cause all other purchasers of capacity in the Global Crossing Network to undertake obligations comparable to those of the Purchaser set forth in this Section, and the Purchaser shall cause all permitted users of any of the Purchased Capacity to undertake comparable obligations.
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.
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).

More Definitions of Purchased Capacity

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 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 means Capacity Trade MDQ, confirmed and validated by the Transporter in accordance with the Capacity Trade and Auction Procedures, that the Shipper has acquired pursuant to an Operational Transfer. Receipt Point means in respect of a Service, the Receipt Point listed in the relevant Annexure at which the Transporter receives Gas, or is deemed to have received Gas onto the Pipeline from, or on account of, the Shipper. Receiver includes a receiver or receiver and manager. Reference Tariff means the then current tariff for the relevant Service, which is made available on the Public Website from time to time.

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 all of the Capacity of the Unit, less the Facility Requirements, if any, as provided or delivered pursuant to Section [2.1], expressed in MW.

Purchased Capacity means, for each Contract Year: (a) 740 MW of Installed Capacity, to the extent that the quantity of Installed Capacity is determined in accordance with the Current Installed Capacity Requirements; or (b) if and to the extent that the quantitiy of Installed Capacity is determined in accordance with the Future Installed Capacity Requirements, an amount of Installed Capacity equivalent to the amount of Installed Capacity under clause (a) (as reasonably determined by mutual agreement of the parties), it being the intent of the parties that the rights and obligations hereunder will not be materially altered.