Adjusted Volume definition
Adjusted Volume means, in respect of the volume under a Mirror OTC Contract, the volume of the related Exchange Traded Contract(s), adjusted in accordance with Schedule 1.01(b).
Adjusted Volume means the sum of trading volume for a period of 20 consecutive trading days ending on the day preceding the date of determination; provided, however, that the day with the highest volume and the day with the lowest volume shall be eliminated and only the remaining 18 days summed.
Adjusted Volume or “Vadj” means adjusted volume as defined in Part 2 of the Fourth Schedule to the Energy Conservation (Prescribed Regulated Goods) Order 2017;
Examples of Adjusted Volume in a sentence
The Adjusted Volume of coal delivered to the Facility during the applicable audit period will be compared to the corresponding certified belt scale tonnage of coal Buyer took Receipt of (plus any volume of coal Buyer took Receipt of determined by any alternative method(s)) during the applicable audit period, and the resulting value shall be the adjusted certified belt scale volume (“Adjusted Scale Volume”).
In the event the audit determines a tonnage variance discrepancy of more than ****** percent (******%) between the Adjusted Volume and the corresponding Adjusted Scale Volume an adjustment (“Percentage Tonnage Adjustment”) shall be made to the quantity of coal Buyer took Receipt of during the audit period.