System Throughput definition
System Throughput is the average daily volume for the previous calendar year as measured by the sum of the Receipt Point Volumes on the System divided by the number of calendar days in the year, regardless of how many days Gas actually flowed on the System for that calendar year.
Examples of System Throughput in a sentence
Subject to Sections 4.3 and 4.4, the Company shall pay the Partnership an amount equal to the Gathering System Throughput Fee multiplied by the Actual Shipments on the Gathering System.
These reports shall be organized and indexed in a loose-leaf binder(s) System Mixed Bag Test and System Throughput Test Observation: Sufficient numbers of test bags (no less than 100 test bags per EDS) will be utilized to “stress” the BHS/CBIS as would occur during peak operating times.