Monthly Allocation Sample Clauses
The Monthly Allocation clause defines how resources, funds, or deliverables are distributed or made available on a monthly basis throughout the term of an agreement. Typically, this clause specifies the amount or quantity allocated each month, outlines any conditions or adjustments that may affect the monthly allocation, and may set procedures for reporting or reconciling usage. By establishing a clear schedule and method for monthly distribution, this clause ensures predictability and helps both parties manage expectations and resources efficiently.
Monthly Allocation. By the fifth Business Day of each Gas Month DESFA shall communicate to Gastrade:
(a) the Allocated Quantity of each Pair of Shippers at the Entry Point for each Gas Day in the previous Gas Month, using the most up-to-date information available at that time;
(b) for each Gas Day in the previous Gas Month, (i) the sum of the Allocated Quantities, (ii) the Measured Quantity and (iv) the difference between the value in (i) and the value in (ii); and
(c) the closing OBA Balance for each Gas Day of the previous Gas Month. This communication shall be sent using the appropriate message, using the form in Annex 4(b) (Allocation Report). DESFA will also inform Gastrade if any Proportional Allocation Event occurred in the previous Gas Month and its effect on the OBA Balance. If, notwithstanding this allocation regime, either of the Parties notices any inconsistency in the Allocated Quantities, the relevant Party will contact the other Party in order to confirm the reason for the discrepancy and agree on the revision of the Allocation Protocol.
Monthly Allocation. By the fifth Business Day of each Gas Month ICGB shall communicate to DESFA:
(a) the Allocated Quantity of each Pair of Shippers at the IP for each Gas Day in the previous Gas Month, using the most up-to-date information available at that time;
(b) for each Gas Day in the previous Gas Month, (i) the sum of the Allocated Quantities for Forward Flow, (ii) the sum of the Allocated Quantities for Reverse Flow, (ii) the Measured Quantity and
Monthly Allocation. Not later than the earlier of monthly nominations deadline and 3 business days prior to the beginning of each month during the Term, Buyer shall provide Seller notice of Buyer's requested allocation of volumes of natural gas for delivery during such month to (i) the Southern California Border and (ii) delivery point(s) Kern River Pipeline; provided, Buyer shall not request allocation of more than 50% of the Contract Quantity to Kern River Pipeline. With respect to the volumes requested to be delivered on Kern River Pipeline, Buyer's notice shall also state Buyer's requested delivery points on Kern River Pipeline where, subject to available operational capacity and subject to Buyer's responsibility for any incremental cost incurred by Seller, Buyer requests that Seller deliver such volumes during such month. Gas nominated into Southern California Gas Company will be designated as the "Southern California Border" nomination.
Monthly Allocation. During each of the bid months of June, July and August, at least six percent (6%) per month of the total vacation days in each category, but never less than one (1) vacation period of thirty (30) days duration, or its equivalent reduced duration, shall be available for award. During each of the bid months of September, November and December, at least five percent (5%) per month of the total vacation days