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
Payment for volumes received from a Committed Shipper or Committed Gathering Shipper shall be equal to the Committed Volumes received multiplied by the applicable Committed Rate for Committed Shippers or Committed Gathering Rate for Committed Gathering Shippers.
More Definitions of Committed Volumes
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, with respect to a Committed Shipper, the volumes of Petroleum Products required to be Nominated and Tendered on the Pipeline System as determined pursuant to the Committed Shipper’s TSA.
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. (i) in the case of gas supplied by a member of the Salmon U.S. Partner Group, means the A-Line Quantity (as defined in the Supply Agreement with such member) in effect at the time and (ii) in the case of gas supply by any member of the Shell Partner Group or the Tejas Partner Group, means volumes of natural gas required for the Partnership's performance of delivery obligations under gas sales and purchase contracts in effect at the time viewed at the level of the Partnership's requirement for such volumes to fulfill its overall contractual commitments and, where applicable, in relation to specific contracts where volume requirements can only commercially realistically be satisfied from one source.
Committed Volumes shall have the meaning given that term in Section 11.6(a).
Committed Volumes shall have the meaning prescribed to such term in the FDSA.