Examples of Average Monthly Volume in a sentence
Ninety percent (90%) of the Available Capacity that is Pre-Existing Capacity will be allocated by the Carrier to all Shippers that qualify as Regular Shippers with respect to the Pre-Existing Capacity proportionately based on the lesser of each such Regular Shipper’s Average Monthly Volume with respect to the Pre-Existing Capacity or its tendered volume.
The column header is correctly identified as Average Monthly Volume, not Dollars as the question indicates.
If a Historical Shipper's Nomination for a month is less than its Average Monthly Volume Percentage, the Historical Shipper will be allocated only the amount of its Nomination.
Each Historical Shipper shall be allocated an amount equal to one hundred (100) percent of its Average Monthly Volume Percentage multiplied by the Capacity Available to Historical Shippers, rounded to the nearest Barrel, for the line segment being prorated, with the total of all Historical Shippers’ allocations not exceeding ninety-five (95) percent of the total Available Capacity not allocated through the application of Items 70(b)(i), (ii) and (iii) for the line segment being prorated.
Up to ninety percent (90%) of the Available Capacity will be allocated by the Carrier to all Regular Shippers proportionately based on the lesser of each Regular Shipper’s Average Monthly Volume or its Nominated volume.