Examples of Reservation Charge in a sentence
Bidder shall specify the monthly reservation charge (or other firm or demand charge(s), if applicable, herein referred to collectively as Reservation Charge) it is bidding for the service.
A new reservation may be activated by payment of the Reservation Charge, but it will take a new priority based on the time of reactivation.
In this case, an Option Party may enforce its reservation by payment of the recurring Physical Collocation floor space charge otherwise applicable to the reserved space (in lieu of the non-recurring Reservation Charge) and occupying such space within the time limits specified in Section 12.12.11.
The rates and charges for service under this optional service shall include each of the following: Reservation Charge - The reservation rate is $0.15 per therm ($1.50 per Dth) per month, October-March, and $0.03 per therm ($0.30 per Dth) per month, April- September for all DBS therms purchased.
Negotiated Reservation Charge Customer shall pay a reservation rate as determined pursuant to the capacity release processes set forth in Section 5 of the General Terms and Conditions of Pipeline’s FERC Gas Tariff, per Dekatherm, per day ("Reservation Rate") of Customer’s MDQ under the Service Agreement specified above during the Term of Negotiated Rate.