Common use of ADDITIONAL MONTHLY CAPACITY Clause in Contracts

ADDITIONAL MONTHLY CAPACITY. At the beginning of each month M, GRTgaz calculates for each shipper that has subscribed a “continuous” service, the maximum daily emission for the previous Month (M-1). If this capacity exceeds the firm annual base capacity allocated to the Shipper, GRTgaz will allocate extra capacity for Month M-1 equal to the difference between the maximum daily emission for the month M-1 and the annual base Firm Capacity. This additional monthly capacity is covered by a Price Supplement defined in Clause 11 of this Section B.

Appears in 2 contracts

Samples: www.grtgaz.com, www.grtgaz.com

AutoNDA by SimpleDocs

ADDITIONAL MONTHLY CAPACITY. At the beginning of each month Month M, GRTgaz calculates for each shipper Shipper that has subscribed a “continuous” service, the maximum daily emission for the previous Month (M-1). If this capacity exceeds the firm annual base capacity allocated to the Shipper, GRTgaz will allocate extra monthly capacity for Month M-1 equal to the difference between the maximum daily emission for the month Month M-1 and the annual base Firm Capacityfirm capacity. This additional monthly capacity is covered by a Price Supplement defined in Clause 11 of this Section B.

Appears in 2 contracts

Samples: www.grtgaz.com, www.grtgaz.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.