Common use of Minimum consumption Clause in Contracts

Minimum consumption. You shall take not less than the minimum consumption for each site(s) for each annual period. In the event your metered consumption is less than the minimum consumption we shall apply the price to the difference between your metered consumption and the minimum consumption and invoice you accordingly. You must pay this amount within fourteen (14) days.

Appears in 2 contracts

Sources: Gas Supply Agreement, Gas Supply Agreement