Examples of Volumetric Rate in a sentence
In addition to the Index-Based Volumetric Rate or the Fixed Volumetric Rate, Shipper will reimburse Transporter for Applicable Fuel and Applicable Surcharges as defined in Section 1 above.
The party proposals can be grouped into four broad categories: 1) Volumetric Rate Reduction, 2) Charging Infrastructure Subsidies,3) Annual Credit, and, 4) Vehicle Purchase Rebate.
Fixed Volumetric Rate: If the Index-Based Volumetric Rate is $0.4399 per Dth or lower, Transporter may establish a Fixed Volumetric Rate(s) for all or a portion of the quantities scheduled under this Agreement, in which case Transporter will send Shipper a written communication establishing such Fixed Volumetric Rate(s) and the quantities and gas day(s) for which the Fixed Volumetric Rate(s) will apply.
The Negotiated Rate will be the Index-Based Volumetric Rate set forth in Section 1, unless Transporter and Shipper agree to a Fixed Volumetric Rate pursuant to Section 2, or the Alternate Rate pursuant to Section 4 applies.
BMWD currently implements this EWMP, and will continue to implement it as follows: Volumetric Rate StructureBMWD’s contracts with their landowners establish a fixed unit pricing (Volumetric Rate Structure - $/AF) payment structure for SWP water supplies.