Firm Capacity capacity, the use of which GRTgaz contractually guarantees in normal operating conditions, in particular excluding maintenance works or force majeure events.
Firm Capacity. FPL agrees to pay the QS for the firm capacity described in Section 5 in accordance with the rates and procedures contained in Rate Schedule QS-2, attached hereto as Appendix A, as it may be amended and approved from time to time by the FPSC, and pursuant to the election of a capacity payment option as specified in Appendix E. The QS understands and agrees that capacity payments will be made under the early capacity payment options only if the QS has achieved the Capacity Delivery Date and is delivering firm capacity and energy to FPL. Once elected by the QS, the capacity payment option cannot be changed during the term of this Contract.
Firm Capacity. The volume of Producer’s Gas delivered to the Receipt Points that is entitled to Firm Service, as designated in Section 2.5, together with any Increased Capacity that is added to the Firm Capacity in accordance with Section 3.3.
Firm Capacity. As of the Processing Effective Date, Producer shall have Firm Capacity of [____] MMcf per Day. If, during any period of six (6) consecutive Months at any time after the Processing Effective Date, Producer fails to deliver to the Receipt Points, on average during such six (6) Month period (the “Shortfall Period”), a volume of Producer Gas per Day equal to at least [75]% of Producer’s then-effective Firm Capacity, then Producer’s Firm Capacity shall be reduced by the amount by which Producer’s Firm Capacity exceeds the volume per Day, on average in the relevant Shortfall Period, of Producer Gas delivered to the Receipt Points. Such reduction shall remain effective for the remainder of the term of this Agreement, subject to any subsequent reductions pursuant to this Section 2.6. [Notwithstanding the foregoing provisions of this Section 2.5, the Firm Capacity of Producer shall not be reduced pursuant to this Section 2.5 to the extent that such reduction would cause the Firm Capacity of Producer to fall below (i) [125]% of the Minimum Processing Volume Commitment applicable from time to time, if any or (ii) if no Minimum Processing Volume Commitment is applicable at the relevant time, [110]% of average Daily deliveries of Producer Gas delivered hereunder during the applicable Shortfall Period.]
Firm Capacity. The volume of Producer’s Gas that is to be entitled to Services that are accorded the highest priority with respect to capacity allocations, interruptions, or curtailments.
Firm Capacity. Capacity whose use is contractually guaranteed by Teréga in Normal Network Operating Conditions, especially excluding work or events of Force Majeure. Climatic Firm Capacity: Gas transmission capacity which the TSO contractually guarantees, depending on domestic consumption, will be non-interruptible. This definition particularly applies to injection and draw-off capacities at the PITS. Bundled capacity: entry (respectively exit capacity) and corresponding exit (respectively entry) capacity, commercially connected on either side of a Network Interconnection Point Hourly Delivery Capacity: Maximum Quantity of Energy which the Shipper may take off, every Hour, at a Consumer Interface Point. Its value is equivalent on any D-Day to the sum of the Firm Hourly Delivery Capacity and the Interruptible Hourly Delivery Capacity at the Consumer Interface Point in question. Firm Hourly Delivery Capacity: Hourly Delivery Capacity guaranteed by the TSO in P2 Climatic Conditions. For every Consumer Interface Point, the value of one Firm Hourly Delivery Capacity is defined in the Special Terms and Conditions. Interruptible Hourly Delivery Capacity: Hourly Delivery Capacity that the Transmission System Operator may partially or totally reduce at any time, subject to a short notice period. For every Consumer Interface Point, the value of one Interruptible Hourly Delivery Capacity is defined in the Special Terms and Conditions. Subscribed Hourly Capacity: any of the Hourly Delivery Capacities subscribed by the Shipper, during a Period of Validity. Basic Hourly Capacity: Capacity equal to one twentieth (1/20th) of the subscribed Daily Capacity corresponding to the Consumer Interface Point. Interruptible Capacity: Capacity whose use is not guaranteed by Teréga. Daily Capacity: any of the Daily Entry, Daily Exit or Daily Delivery Capacities. Daily Entry Capacity: Maximum Quantity of Energy which the Shipper is able to make available to the Transmission System Operator on an Entry Point on any given Day; its value is equivalent on any D-Day to the sum of the Firm Daily Entry Capacity and the Interruptible Daily Entry Capacity at that Delivery Point.
Firm Capacity. The volume of Producer’s Gas that is to be entitled to Services that are accorded the highest priority with respect to capacity allocations, interruptions, or curtailments. Fractionated Products. Finished liquid products fractionated from an undifferentiated stream of Plant Products, including ethane, propane, isobutane, normal butane and natural gasoline.
Firm Capacity. Capacity whose use is contractually guaranteed by Teréga in Normal Network Operating Conditions, especially excluding work or events of Force Majeure.
Firm Capacity. GULF POWER agrees to pay the QS for the firm capacity described in Section 5 in accordance with the rates and procedures contained in Rate Schedule QS-2, attached hereto as Appendix A, as it may be amended and approved from time to time by the FPSC, and pursuant to the election of a capacity payment option as specified in Appendix E. The QS understands and agrees that capacity payments will be made under the early capacity payment options only if the QS has achieved the Capacity Delivery Date and is delivering firm capacity and energy to GULF POWER. Once elected by the QS, the capacity payment option cannot be changed during the term of this Contract.
Firm Capacity. (i) Upon signature of this Master Service Contract, ECOPETROL shall have a Firm Capacity for each of the Assets, as specified in the annexes to Chapters I, II, III, IV and V hereof.
