Base Load Requirements definition

Base Load Requirements means the firm gas purchase or firm transportation requirements of Buyer up to and including a total quantity of fifteen (153 million MMBtu per calendar year as set forth in the Base Load Agreement between the Parties dated January 1, 1996. Section 8. "Swing Load Requirements" means the quantity of gas required by Buyer in excess of Buyer's Base Load Requirements' up to Buyer's total system requirements. Section 9. "Btu" means the amount of heat required to raise the temperature of one avoirdupois pound of pure water from fifty-eight and five tenths (58.5) degrees Fahrenheit to fifty-nine and five tenths (59.5) degrees Fahrenheit at a constant pressure of fourteen and sixty-five hundredths (14.65) pounds per square inch absolute. Section 10. "MMBtu" means one million (1,000,000) Btu. Section 11. "Operating Agreement" means the agreement between Westar Transmission Company ("Westar") and Energas Company, dated December 1, 1996, covering measurement equipment and testing, measurement specifications, pressures, quality, maintenance of facilities, and other operational matters. Section 12. "No-Notice Load Requirements' means Swing Load Requirements required by Buyer which exceeds a daily "Threshold Level". The Threshold Lever is 135,000 MMBtu per day. The Threshold Level may be reviewed annually by both Parties and adjusted upward or downward by mutual agreement to compensate for changes in Buyer's Swing Load Requirements. Seller will estimate the No-Notice Load Requirements on a daily basis by subtracting the Threshold Level from Buyer's total estimated Swing Load Requirements sales. At the end of each month Buyer's estimated No-Notice Load Requirements will be actualized by adjusting the daily estimated volumes proportionally to Buyer's measured monthly Swing Load Requirements sales. Buyer's estimated Swing Load Requirements volume will be calculated daily by deducting from Seller's estimate of the combined total daily sales and transported volumes for Buyer and Buyer's affiliates EnerMart Trust (Enermart), and Egasco, Inc., (Egasco) in the following manner: A. The daily average volume of Buyer's Baseload Requirements purchased from Seller.
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Base Load Requirements means the firm gas purchase or firm transportation requirements of Buyer up to and including a total quantity of fifteen (15) million MMBtu per calendar year to serve Buyer's customers through Buyer's Facilities during each calendar year of this Agreement. Section 8. "Btu" means the amount of heat required to raise the temperature of one avoirdupois pound of pure water from fifty-eight and five tenths degrees (58.5 degrees) Fahrenheit at a constant pressure of fourteen and sixty-five hundredths (14.65) pounds per square inch absolute ("psia"). Section 9. "MMBtu" means one million (1,000,000) Btu. Section 10. "Operating Agreement" means the agreement between Westar Transmission Company ("Westar") and Energas Company, dated December 1, 1996 covering measurement equipment and testing, measurement specifications, pressures, quality, maintenance of facilities, and other operational matters.
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Base Load Requirements or “base load” means the minimum
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Examples of Base Load Requirements in a sentence

  • The volumes will be allocated through the meters in the following order (i) Imbalance Payback Quantity, (ii) Base Load Requirements - Energas transportation, (iii) Base Load Requirements- Energas/KN Marketing, L.P. sales, (iv) Swing Load Requirements- Energas/KN Marketing, LP.

  • Commencing on the Effective Date of this Agreement Seller agrees to sell and deliver to Buyer and Buyer agrees to purchase and receive firm quantities of natural gas on a Swing Load Requirements and a No-Notice Load Requirements basis to satisfy all of Buyer's natural gas requirements in Buyer's West Texas Service area and any of Buyer's Amarillo Supplemental Requirements in excess of Buyer's Base Load Requirements.

  • The volumes will be allocated through the meters in the following order: (i) Imbalance Payback Quantity, (ii) Base Load Requirements- Energas transportation, (iii) Base Load Requirements - Energas/KN Marketing, L.P. sales, (iv) Swing Load Requirements - Energas/KN Marketing, L.P. sales.

Related to Base Load Requirements

  • Minimum Requirements means the minimum requirements for available commercial structures. The minimum requirements may be found at this link: https://portlandgeneral.com/energy- choices/renewable-power/green-future-impact The minimum requirements may be updated from time to time to reflect PGE’s criteria from its latest Commission accepted renewable request for proposals.

  • Program Requirements means that Partner has to fulfill certain program requirements as described in detail in the applicable SAP PartnerEdge Model and the PartnerEdge Program Guide.

  • OHS Requirements means all Laws applicable to the Supply and related to occupational health or safety, and all of the City Policies that relate to occupational health or safety, and includes without limitation the WCA;

  • MREL Requirements means the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities applicable to the Issuer and/or the Group, from time to time, (including any applicable transitional or grandfathering provisions), including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities adopted by the Federal Republic of Germany or the Republic of Italy, a relevant resolution authority or the European Banking Authority from time to time (whether or not such requirements, guidelines or policies are applied generally or specifically to the Issuer and/or the Group), as any of the preceding laws, regulations, requirements, guidelines, rules, standards, policies or interpretations may be amended, supplemented, superseded or replaced from time to time.