Examples of Spare Capacity in a sentence
Spare Capacity is defined as meaning, in the case of a Contract Carriage Pipeline, essentially, capacity that has not already been reserved in a contract plus contractually reserved capacity that is not being used.
If a reserve price applies this must be stated in the Notice of Auction for Spare Capacity.
Spare Capacity does not include an Inner-Duct (not to exceed one Inner-Duct per party) reserved by AT&T, Licensee, or a Third Party for maintenance, repair, or emergency restoration.
Unless the contrary intention appears, if the Access Arrangement or this Service Agreement generally requires Spare Capacity, Contracted Peak Rate or Capacity of the AGA GDS to be quantified, it is to be quantified as an Instantaneous Flow Rate and is to be expressed in gigajoules per hour.
A Practitioner Perspective on When OPEC Spare Capacity Has Mattered for Oil Prices[slides]By Hilary Till; University of Colorado Denver Business Schoolpresented by: Hilary Till, University of Colorado Denver Business SchoolDiscussant: Ehud I.