Annual Contract Volume definition

Annual Contract Volume. : means the volume of energy estimated by GENCO to be delivered to UETCL in the relevant Contract Year.
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Annual Contract Volume means the DCQ multiplied by the number of calendar days in the Contract Year.
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Annual Contract Volume means 10,250,000 MMBtu per year.
Sample 1

Examples of Annual Contract Volume in a sentence

  • Changes to Ocean Freight Surcharges can be applied by the Seller to amend any Annual Contract Volume agreements.

  • When calculating whether Xxxxx has complied with the obligation to purchase the Annual Contract Volume under this Contract, Buyer will take credit for the greater of the volume of gas nominated by Buyer or the volume of gas delivered by Seller.

  • These amendments do not entitle the Buyer to (i) terminate the Annual Contract Volume agreement (in whole or in part); or (ii) cancel, change or reject any orders or deliveries.

  • Xxxxx's obligation to purchase the Annual Contract Volume during each contract year is conditioned upon Seller having the capability at all times of delivering a daily volume of gas equal to at least 125% of the DCQ.

  • Although a specific Ocean Freight Surcharge may be (i) quoted by the Seller at the time of acceptance of the order, and/or (ii) included in any Pricing Schedule; and/or (ii) included in any Annual Contract Volume agreement, the Ocean Freight Surcharge which will be charged, and which is payable by the Buyer, is the Seller’s Ocean Freight Surcharge applicable on the ‘Delivery Date’ of the relevant OFS Product.

  • Not later than 60 Days prior to the first Day of any Contract Year GENCO shall notify UETCL of the Annual Contract Volume for the following Contract Year, which shall not be greater than [XXX] GWh.

  • If an Annual Contract Volume is agreed (ie the Buyer and the Seller each commit to the sale and purchase of selected Products), this commitment shall be clearly agreed, in writing in the Product Pricing Schedule.

  • Figure 3: Relative density deviations in the (p, ρ, T ) data of Sakoda et al.

  • Discussion of appointing two members until the November election ensued.

  • Table 1 Annual Contract Volume (MWh) Contract Year Annual Contract Volume (MWh) -------------- ---------------------------- 1 325,400 2 331,000 3 375,900 4 417,500 5 419,500 6 442,000 7 451,700 8 461,300 9 473,400 10 485,200 .


More Definitions of Annual Contract Volume

Annual Contract Volume means for any Calendar Year, the lesser of (i) [**] percent ([**]%) of the commercial scale volume of Compound required by CTI and its Affiliates in that Calendar Year for the manufacture of Drug Products plus any Excess Compound Demand that RPS is entitled to produce in accordance with Section 2.1(b)(iii) below, and (ii) the [**] at the Manufacturing Site at Annan during such Calendar Year.
Sample 1

Related to Annual Contract Volume

  • Annual Contract Value or “ACV” means the net subscription fee for one (1) year as defined in the Order Form for a specific Customer.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and

  • Total Contract Value means contract value plus statutory dues like GST etc. and any other amount payable under contract.

  • Average Contract Value means the higher of (inclusive of carbon tax but exclusive of goods and services tax) the (i) average of the total amount payable by the Consumer to the Retailer based on the average electricity consumption of three (3) months (before the date of termination) or (ii) the total amount payable by the Consumer to the Retailer based on the Declared Monthly Consumption.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in Section 3.1(e).

  • Contract Month means a calendar month (or portion thereof) during the term of this Agreement. Contract Month 1 shall commence on the first day of the first calendar month following the Effective Date and end on the last day of that calendar month.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Total Contract Price means the total set out in "Tender Document Form: Contract Prices".

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Annual Turnover means the actual turnover achieved during your first year of operations, from the commencement of your business to the date of the damage, converted to a 12-month equivalent figure.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Original contract price means the award price of the contract; or, for requirements contracts, the price payable for the estimated total quantity; or, for indefinite-quantity contracts, the price payable for the specified minimum quantity. Original contract price does not include the price of any options, except those options exercised at the time of contract award.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.