Committed Volumes definition
Committed Volumes means our expected volumes to be sold to customers under binding contracts, non-binding letters of intent, non-binding memorandums of understanding, binding or non-binding term sheets or have been officially selected as the winning provider in a request for proposals or competitive bid process. We cannot assure you if or when we will enter into binding definitive agreements for the sales of volumes under non-binding letters of intent, non-binding memorandums of understanding, non-binding term sheets or based on our selection as the winning provider under a request for proposals or competitive bid process. Some but not all of our contracts contain minimum volume commitments, and our expected volumes to be sold to customers reflected in our “committed volumes” is substantially in excess of such minimum volume commitments.
Committed Volumes means our expected volumes to be sold to customers under (i) binding contracts, (ii) non-binding letters of intent, (iii)
Committed Volumes means, with respect to a Committed Shipper, the volumes of Crude Petroleum nominated and Tendered by such Committed Shipper under the applicable Transportation Services Agreement with Carrier.
Examples of Committed Volumes in a sentence
In case the Committed Volumes are increased as per Section 2.3.3, the additional payments shall be made by Licensee within one (1) month following the confirmation of the increase by Licensor.
After the first five (5) years of the Primary Term, if capacity is available, a Dedicated Firm Shipper will be permitted to adjust its Committed Volume upward based upon 120% of Shipper’s deliveries of Barrels of Crude Oil to the System averaged for the immediate prior calendar year, provided that the aggregate Committed Volumes of Committed Shippers cannot exceed ninety percent (90%) of the normal operating capacity of the Pipeline (“Ninety Percent Cap”).
Each Purchase Order will specify the delivery date(s) for the Doses ordered, provided that the specified delivery date shall be a date no sooner than, in the case of [***] Doses of the first [***] Doses of the Committed Volumes under Section 2.2(a), [***] months from the date of such Purchase Order, and in the case of all other Purchase Orders, [***] months from the date of such Purchase Order (“Delivery Timeline”).
The “Committed Rate” is the rate per Barrel that Shipper agrees to pay for its Actual Shipments of Committed Volumes during the Term, as that rate may be changed from time to time during the Term in accordance with the provisions of this Agreement.
The Shell Supply Agreement or Tejas Supply Agreement shall not terminate, and shall remain in full force and effect, as to Committed Volumes.
More Definitions of Committed Volumes
Committed Volumes means, with respect to a Committed Shipper, the volumes of Crude Petroleum dedicated, nominated and Tendered by such Committed Shipper under the applicable COGA with Carrier.
Committed Volumes means, with respect to Material Projects at the time of any Remeasurement Date, committed volumes in respect of such Material Projects as determined by the Borrower in good faith and certified by a Responsible Officer of the Borrower; provided that in the case of the La Paz Project, Committed Volumes in the first five years following the commercial operations date shall be as specified on Schedule 1.01(C).
Committed Volumes or references to Commitments means our expected volumes to be sold to customers under binding contracts, awards under request for proposals, and the agreement being finalized for our project in Southeast Asia as of the period specified in the Presentation. There can be no assurance that we will enter into binding agreements for the awards we have under requests for proposals or our project in Southeast Asia on a particular timeline or at all. Some, but not all, of our contracts contain minimum volume commitments, and our expected volumes to be sold to customers reflected in our “Committed Volumes” are substantially in excess of such minimum volume commitments. Our near-term ability to sell these volumes is dependent on our customers’ continued willingness and ability to continue purchasing these volumes and to perform their obligations under their respective contracts. If any of our customers fails to continue to make such purchases or fails to perform its obligations under its contract, our operating results, cash flow and liquidity could be materially and adversely affected. References to Committed Volumes in the future and percentages of these volumes in the future should not be viewed as guidance or management’s view of the Company’s projected earnings, is not based on the Company’s historical operating results, which are limited, and does not purport to be an actual representation of our future economics.
Committed Volumes means the **** minimum volumes of **** mutually agreed to, and set forth in, a Committed Pharmacy Agreement between Medical Imaging and a Member or Member Radiopharmacy Family. Such **** minimum volumes shall be established for each Member or Member Radiopharmacy Family based on **** volumes for such Member or Member Radiopharmacy Family or volume estimates appropriate for the time frame in which such Member or Member Radiopharmacy Family is expected to be a Committed Member.
Committed Volumes means collectively, each of (a) the Committed Chips Volume for a Contract Year and (b) the Committed Residual Fibre Volume for a Contract Year.
Committed Volumes means any minimum committed volume of the Services (including in terms of number of ▇▇▇▇, value of spend or volume of data) which the Customer commits to ordering and/or spending on or before a date or during a specified period of time (e.g. a monthly commitment over a period of time) as set out in the Product Schedule or as expressly agreed to in a Tariff Addendum or other written agreement between the Parties (which includes, for avoidance of doubt, an email setting out such committed volumes and responded to with agreement by the Customer);
Committed Volumes means our expected volumes to be sold to customers under binding contracts, non-binding letters of intent, non-binding memorandums of understanding or have been officially selected as the winning provider in a request for proposals or competitive bid process. We cannot assure you if or when we will enter into binding definitive agreements for the sales of volumes under non-binding letters of intent, non-binding memorandums of understanding or based on our selection as the winning provider under a request for proposals or competitive bid process. Some but not all of our contracts contain minimum volume commitments but our expected sales to customers under committed volumes is substantially in excess of such minimum volume commitments. Our near-term ability to sell these volumes is dependent on our customers’ continued willingness and ability to continue purchasing these volumes and to perform their obligations under their respective contracts. If any of our customers fails to perform its obligations under its contract, our operating results, cash flow and liquidity could be materially and adversely affected. References to committed volumes in the future and percentages of these volumes in the future should not be viewed as guidance or management’s view of the Company’s projected earnings, is not based on the Company’s historical operating results, which are limited, and does not purport to be an actual representation of our future economics. See the risk factors titled, “We have not yet completed contracting, construction and commissioning of all of our Terminals and Liquefaction Facilities. There can be no assurance that our Terminals and Liquefaction Facilities will operate as expected, or at all”, “Our ability to implement our business strategy may be materially and adversely affected by many known and unknown factors” and “Our current ability to generate cash is substantially dependent upon the entry into and performance by customers under long-term contracts that we have entered into or will enter into in the near future, and we could be materially and adversely affected if any customer fails to perform its contractual obligations for any reason, including nonpayment and nonperformance, or if we fail to enter into such contracts at all” in our previous public filings and our forthcoming report on Form 10-K.