Uncommitted Capacity definition

Uncommitted Capacity means that amount of capacity above the Joint Tariff MDQ to be made available at all times for uncommitted Joint Tariff Service, such that the Joint Tariff MDQ represents ninety percent (90%) and the Uncommitted Capacity represents ten percent (10%) of the total Joint Tariff Capacity.

Uncommitted Capacity means the amount of Unit Capacity which is not designated as Committed Capacity under the terms of this Agreement.

Uncommitted Capacity means, for a month, the greater of (i) ten percent (10%) of the Available Capacity for such month, or (ii) the positive difference resulting from the subtraction of the Committed Capacity from the Available Capacity for such month.

Examples of Uncommitted Capacity in a sentence

• Total Seasonal Uncommitted Capacity is the sum of Seller’s Uncommitted Capacity and Total Competing Supply.

• Finally, Seller’s Market Share is calculated as Seller’s Uncommitted Capacity as a percent of Total Seasonal Uncommitted Capacity.

• In order that capacity may be prorated among shippers without discrimination, shippers shall submit valid and realistic nominations and schedules of shipments, which do not exceed either the volume of crude expected to be available for shipment, or the Uncommitted Capacity.

• Carrier will prorate the Uncommitted Capacity during any Month when it determines, based upon the Nominations submitted in a timely and proper manner by Shippers, that the total volume Nominated by all Shippers for shipment utilizing Carrier’s Uncommitted Capacity during that Month exceeds the total Uncommitted Capacity or portion thereof during periods of Force Majeure.

• Apportionment of the Services to Uncommitted Volumes will be required in a Month when the aggregate nominations for Uncommitted Volumes exceed the Uncommitted Capacity.

More Definitions of Uncommitted Capacity

Uncommitted Capacity means the pipeline capacity that has not been committed to Committed Shippers and shall include up to 10% of total pipeline capacity.

Uncommitted Capacity means such capacity determined by the Gas Regulator in a liquefaction, re-gasification, transmission, storage or distribution facility as is not required to meet contractual obligations.

Uncommitted Capacity means the Available Monthly Capacity as defined in Rule 17 less the lesser of (i) the Aggregate Committed Volumes or (ii) nominations by all Committed Shippers for Committed Volumes and Make-up Volumes.

Uncommitted Capacity means the redundant capacity of a facility which is not in use by the licensee and is not yet committed to any other party;

Uncommitted Capacity means such capacity (if any) in any part of the FPS System which is not required for the transportation and handling of the total of:

Uncommitted Capacity means 10% (ten percent) of the then current Capacity of Carrier’s Pipeline System which will be subject to allocation, unless no Priority Committed Volumes are nominated, in which case, “Uncommitted Capacity” means 100% (one hundred percent) of the then current Capacity.

Uncommitted Capacity means the Available Monthly Capacity less the lesser of (i) the Aggregate Committed Volumes, or (ii) the total of Nominations by all Committed Shippers for Committed Volumes, Make-up Volumes, Carrier Force Majeure Initial Volumes and Carrier Force Majeure Extended Volumes.