Capacity Benchmarking Sample Clauses
The Capacity Benchmarking clause establishes a standard for measuring the performance or output capacity of a product, service, or system against predefined benchmarks. In practice, this clause typically outlines the metrics, methods, and frequency for evaluating whether the subject meets agreed-upon capacity levels, such as processing speed, throughput, or volume handled. Its core function is to ensure that the deliverable consistently meets performance expectations, providing a basis for accountability and potential remedies if benchmarks are not achieved.
Capacity Benchmarking. Westcoast will report to the TTTF in a timely fashion any positive or negative changes in the contractible capacity of any pipeline segment in Zones 3 and 4 of more than 20 MMcf/d on a cumulative basis compared to the contractible capacity of that segment as of the date of this Agreement. Westcoast will also post any such cumulative change on its bulletin board as a critical notice together with a brief explanation for the change.
Capacity Benchmarking. Westcoast will report to the TTTF in a timely fashion any positive or negative changes in the contractible capacity of any pipeline segment in Zones 3 and 4 of more than 20 MMcf/d on a cumulative basis compared to the contractible capacity of that segment as of the date of this Agreement. Westcoast will also post any such cumulative change on its bulletin board as a critical notice together with a brief explanation for the change. Westcoast will also make a presentation to the TTTF by November 30 of each year of the term of this Agreement of the relevant parameters that go into Westcoast’s decision making process for setting contractible and daily capacities in Zones 3 and 4. Westcoast confirms that it will at the time of such presentation act in good faith to implement reasonable suggestions from the TTTF as to ways to enhance the decision making process for setting contractible and daily available capacities in Zones 3 and 4.
Capacity Benchmarking. Westcoast will by August 31, 2008 provide to the TTTF a detailed up to date reconciliation from January 2004 of changes to the contractible capacity in Zones 3 and 4 on a segment by segment basis. Westcoast will discuss this reconciliation with the TTTF and, to the extent that the parties acting in good faith agree, Westcoast will adjust the current level of contractible capacity in Zones 3 and 4 on a segment by segment basis. Westcoast will report to the TTTF in a timely fashion any positive or negative changes in the contractible capacity of any pipeline segment in Zones 3 and 4 of more than 20 MMcf/d on a cumulative basis compared to the contractible capacity of that segment as of the date of this Agreement. Westcoast will also post any such cumulative change on its bulletin board as a critical notice together with a brief explanation for the change. Westcoast will also make a presentation to the TTTF by November 30 of each year of the term of this Agreement of the relevant parameters that go into Westcoast’s decision making process for setting contractible and daily available capacities in Zones 3 and 4. Westcoast confirms that it will at the time of such presentation act in good faith to implement reasonable suggestions from the TTTF as to ways to enhance the decision making process for setting contractible and daily available capacities in Zones 3 and 4.