Examples of Capacity Reservation Charge in a sentence
Charges means the Capacity Reservation Charge, Commodity Charge and Other Charges.
Capacity Reservation Charge means a component of the price for Gas Transmission Capacity to which the Shipper has access under this Contract, calculated in accordance with clause 20.2. Capacity Service means any service offered by the Operator on the DBNGP by which access to Gas Transmission Capacity is provided.
Subject to clause17.4, the Capacity Reservation Charge is payable for each Gas Day during the Period of Supply regardless of whether the Shipper provides Gas at any Inlet Point and regardless of whether the Shipper takes Gas at any Outlet Point.
Without prejudice to the Shipper's entitlement to a refund under clause17.4 in circumstances where a Curtailment is other than as a result of an event of Force Majeure where the Shipper is the Affected Party, the Shipper is not relieved of its obligation to pay the Capacity Reservation Charge by the occurrence of an event of Force Majeure in respect of it however caused.
Proceeds of the charge will be used to pay for operating and maintenance costs, including the following: MWD Readiness- to-Serve Charge and Capacity Reservation Charge; CWA Infrastructure Access Charge, Customer Service Charge, Emergency Storage Charge, and Supply Reliability Charge.The MWD & CWA charge is based on the size of the water meter(s) in service with the exception of upsizing the meter for individually metered residential fire service, as described in Section 38.03 of the Code.
Discounts will always be time-limited;• It may be appropriate to profile the level of discount over time to reflect anticipated improvements in commercial viability or major uncertainties in the forecasts; and• Discount levels will be capped to reflect any Capacity Reservation Charge that may be foregone if new services are operated.
Unless deemed a Curtailment under clause5.9 and subject to the requirement to refund the Capacity Reservation Charge under clause 17.4, a refusal to Deliver Gas under clause 5.7 does not affect the calculation of the Charges payable by the Shipper under clause 20, for which purposes the Shipper's Contracted Capacity remains as specified in the Access Request Form.
The Toll Charge and the Capacity Reservation Charge are fixed charges and are payable monthly during the Term of Transportation Agreement by the User whether or not the User delivers or receives Gas under the Transportation Agreement, except in circumstances explicitly provided for under the Terms and Conditions.
Capacity Start Date has the meaning given to it in clause 4.2 Charges means the Capacity Reservation Charge, Commodity Charge and Other Charges.
Capacity Reservation Charge means a component of the price for Gas Transmission Capacity to which Shipper has access under this Contract calculated in accordance with clause 20.2. Capacity Service means any capacity service offered by Operator on the DBNGP excluding capacity under a Spot Transaction, and including, without limitation, P1 Service, T1 Service and B1 Service.