Volume Tariff definition

Volume Tariff means a Tariff Category designated as a Volume Tariff in the Reference Tariff Schedule.
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Examples of Volume Tariff in a sentence

  • If the Capacity Tariff or Volume Tariff stated in any Transportation Agreement deviates from the Capacity Tariff or Volume Tariff pub- lished on the Website, the Operator reserves any right to correct the Ca- pacity Tariff or Volume Tariff in the Transportation Agreement to the published tariffs.

  • The Shipper accepts that the Capacity Tariff and Volume Tariff are ad- justed in accordance with Article 10 if the Booking Period extends be- yond 1st January in any given year.

  • The actual Volume Tariff for the previous Financial Year will be calcu- lated using the same methodology as used for calculating the Volume Tariff paid by the Shippers during the same Financial Year.

  • Throughout the term of the Framework Agreement, the Shipper is obliged to pay the current Volume Tariff per Quantity of Gas redeliv- ered at the Redelivery Point in addition to any Capacity Tariff and any Hour-ahead Tariff.

  • The due date for payment of Correcting Invoice pursuant to Article 16.1 and Volume Tariff Adjustment pursuant to Article 10.2 are fifteen (15) Banking Days after receipt thereof.

  • A Delivery Point can be assigned a Volume Tariff where the natural gas delivered to that Delivery Point is used on the premises to meet the production or energy requirements of a single Business Customer or Residential Customer who is reasonably expected to consume less than 10 TJ of natural gas a Year.

  • Any difference between the Volume Tariff paid by a Shipper during a Financial Year and the actual Volume Tariff calculated after the lapse of the same Financial Year shall be settled between the Operator and the Shipper by either the Operator reimbursing the Shipper for an over payment of Volume Tariffs or the Shipper paying the Operator any un- der payment of Volume Tariffs (the “Volume Tariff Adjustment”).

  • Any difference between the current Volume Tariff paid by a Shipper during a Financial Year and the actual Volume Tariff calculated after the lapse of the same Financial Year shall be settled between the Opera- tor and the Shipper by either the Operator reimbursing the Shipper for an over payment of Volume Tariffs or the Shipper recovering the Opera- tors undercharge of Volume Tariffs (the “Volume Tariff Adjustment”).

  • The actual Volume Tariff for the pre- vious Financial Year will be calculated using the same methodology as used for calculating the current Volume Tariff paid by the Shippers dur- ing the same Financial Year.

  • Throughout any period of events in the Transportation System described in Article 9.5, the Shipper is obliged to pay the current Volume Tariff per Quantity of Gas delivered at GTF.

Related to Volume Tariff

  • ISO-NE Tariff means ISO-NE’s Transmission, Markets and Services Tariff, FERC Electric Tariff No. 3, as amended from time to time.

  • CAISO Tariff means the California Independent System Operator Corporation Operating Agreement and Tariff, including the rules, protocols, procedures and standards attached thereto, as the same may be amended or modified from time to time and approved by the FERC.

  • PJM Tariff or “Tariff shall mean that certain “PJM Open Access Transmission Tariff”, including any schedules, appendices or exhibits attached thereto, on file with FERC and as amended from time to time thereafter.

  • ISO Tariff means the ISO New England Inc. Transmission, Markets and Services Tariff, FERC Electric Tariff No. 3, as amended, modified, superseded and supplemented from time to time, and including the Market Rules and Procedures.

  • PJM Tariffs means the PJM OATT and the PJM Amended and Restated Operating Agreement, collectively.

  • NYISO Tariffs means the NYISO OATT and the NYISO Market Administration and Control Area Services Tariff (“Services Tariff”), collectively.

  • Reference Tariff means an access charge (including any system premium) applicable to a specified Reference Train Service over a specified part of the Infrastructure as specified in QR Network’s Access Undertaking;

  • Fee Tariffs means the fee tariffs specified in the Fees Rules under the activity group A.1 Deposit acceptors (ignoring any minimum fee or zero rated fee required pursuant to the Fees Rules but taking into account any applicable discount rate); and

  • Fines Tariff means a list of fines approved by the Clubs at a general meeting to be levied by the Management Committee for any breach of the Rules, as set out at Schedule A.

  • Fees Tariff means a list of fees approved by the Clubs at a general meeting to be levied by the Management Committee for any matters for which fees are payable under the Rules, as set out at Schedule A.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Multiple Bill/Single Tariff means the billing method used when Switched Exchange Access Services is jointly provided by the Parties. As described in the MECAB document, each Party will render a bill in accordance with its own tariff for that portion of the service it provides. Each Party will bill its own network access service rates.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Water quality volume means the volume equal to the first one-half inch of runoff multiplied by the impervious surface of the land development project.

  • Distribution Tariff means the Distribution Tariff prepared by the Company and approved by the Commission on an interim or final basis, as the case may be;

  • Tariff means a filing made at the state or federal level for the provision of a telecommunications service by a telecommunications carrier that provides for the terms, conditions and pricing of that service. Such filing may be required or voluntary and may or may not be specifically approved by the Commission or FCC.

  • Attachment point means a point on the network at which network assets are connected to assets owned by another person.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Switching and Tagging Rules means the switching and tagging procedures of Interconnected Transmission Owners and Interconnection Customer as they may be amended from time to time.

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • municipal tariff means a tariff for services which a municipality may set for the provision of a service to the local community, and includes a surcharge on such tariff;

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.