Total Volume Commitment definition

Total Volume Commitment or “TVC” means the total Eligible Charges which Customer must pay during the Volume Commitment Period to which Customer has committed under the Agreement.
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Total Volume Commitment or “TVC” means the total Contributing Charges or Eligible Charges, whichever is applicable, which Customer must pay during the Volume Commitment Period to which Customer has committed under the applicable Agreement.
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Total Volume Commitment means [*.*] gallons.
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Examples of Total Volume Commitment in a sentence

  • Any Incremental Gas delivered pursuant to Section 6 shall count to satisfy the Total Volume Commitment required to achieve the Fee Reduction in Section 9.2.

  • Any and all Undedicated Shipper Gas and any Gas delivered by a party other than the Preferential Capacity Shippers (collectively, “Third Party Gas”), shall be treated as Shipper Gas for purposes of calculating the Annual Volume Commitments and Total Volume Commitment.

  • If Shipper meets its Total Volume Commitment during Contract Years 1-9, which commitment shall include the application of Third Party Gas as provided below, the Gathering Fee then in effect will be reduced [***] per MMBtu effective the first (1st) day of the Month following the date Shipper meets its Total Volume Commitment, but will remain subject to any other provision herein that operates to change the Gathering Fee thereafter.

  • The Total Volume Commitment will also be adjusted as appropriate due to adjustment made under this Section 4.6(b).

  • The Total Volume Commitment will also be adjusted as appropriate due to any adjustment to the Minimum Branded Obligated Volume.

  • Commencing on the 2nd Amendment Effective Date, Customer’s AVC requirement (set forth above) is replaced with a TVC requirement (set forth below): Total Volume Commitment: Commencing on the expiration of the Ramp Period and through the remainder of the Initial Term of the Agreement, Customer’s Total Service Charges must equal or exceed $5,000,000 (“TVC”).

  • If applicable, Customer agrees to pay Verizon the amount of Eligible Charges during Volume Commitment Period that is no less than the Total Volume Commitment or TVC identified in its Agreement.

  • Minimum Total Volume Commitment: Customer agrees to pay Company no less than $4,200,000 in Total Service Charges during the Term (“TVC”).

  • Total Volume Commitment (“TVC”): The Customer agrees to pay the Company no less than $7,000,000 in Total Service Charges during the Term.

  • Subject to the limitation in Section 9.4(d) below, any Gas delivered by a party other than the Preferential Capacity Shippers (collectively, “Third Party Gas”), as well as all Undedicated Shipper Gas, shall be treated as Shipper Gas for purposes of calculating the Annual Volume Commitments and Total Volume Commitment.


More Definitions of Total Volume Commitment

Total Volume Commitment or “TVC” means the total Contributing Charges or Eligible Charges, whichever is applicable, which Customer must pay under the applicable Agreement.
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Total Volume Commitment. Commencing on the 36th Amendment Effective Date, Customer agrees to pay Company no less than $45,000,000.00 in Total Service Charges during the Term, which is the term volume commitment (“TVC").
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