Unsubscribed Capacity definition
Examples of Unsubscribed Capacity in a sentence
In the event MPL receives Pre-Service Increase Requests that would, in aggregate, exceed the Unsubscribed Capacity, all Shippers will be allocated their Pre-Service Increases pro rata based on their then-current volume commitments.
MPL will provide at least sixty (60) days’ advance written notice, simultaneously, to all shippers (including Shipper) who have executed a transportation service agreement during the binding open season of the availability and volume of Unsubscribed Capacity for additional volume commitments (the “Additional Volume Commitments”).
In the event MPL receives Pre-Service Increase Requests that are, in aggregate, less than or equal to the Unsubscribed Capacity, each shipper’s volume commitment shall be increased by the volume of its Pre-Service Increase Request.