Confirmed Quantity definition

Confirmed Quantity has the meaning set forth in Section 5.1.

Confirmed Quantity means the quantity of gas received from the Shipper at the Point(s) of Receipt, less Gas-in-Kind retained by Company for loss and use. The Confirmed Quantity is the amount of gas available for Transportation to the Shipper’s Point(s) of Delivery.

Confirmed Quantity means the quantity of gas confirmed by a transmission system operator to be scheduled or re-scheduled to flow on gas day D;

Examples of Confirmed Quantity in a sentence

• Notice will be given to such interruptible Customers as far in advance as possible.2. Notify Gas Shippers (including their Authorized Agents and/or Pool Agents) taking deliveries not to exceed their Confirmed Quantity.

• A Shipper shall, subject to certain limits, receive an Allocation at an Interconnection Point equal to its Confirmed Quantity.

• Both the Initiating Transporter and the Matching Transporter shall communicate the Confirmed Quantity to their respective Shippers by 15:00 D-1 or the Hour Bar plus 120 minutes.

• The MoneyKey facility is secured by a general security agreement over all of the assets of the Company, and has a requirement for the Company to maintain an errors and omissions insurance policy of $2,000,000 (December 31, 2021 - $2,000,000).

• The monthly capacity payment (“Capacity Payment” or “KP”) shall be calculated as follows: KPm = CPm × FQm where, CPm = Contract Price for month m; FQm = Confirmed Quantity for month m.

More Definitions of Confirmed Quantity

Confirmed Quantity means the final result of the confirmation process and is the quantity of gas stated in MMBtu or Dth which has been determined as authorized to flow on a specified Gas Day at a specified Point of Receipt or Delivery on behalf of a Shipper or Shippers. Transporter's Scheduled Quantity reports provided via EDM shall conform to the requirements of the Data Dictionary standards as set forth in NAESB Standards 1.4.5 and shall reflect Confirmed Quantities.

Confirmed Quantity means, for a particular Gas Day, the quantity of Gas confirmed by a Party to its Shippers for that Gas Day as result of the Matching Process.

Confirmed Quantity means the lowest daily quantity of Local RA Attributes that is submitted in the Supply Plan for the applicable Showing Month and is demonstrated by the Provider in the Proof of Commitment submitted for such Showing Month.

Confirmed Quantity means the lowest daily quantity of Capacity Attributes that is submitted in the Supply Plan for the applicable Showing Month.

Confirmed Quantity means the quantity of gas in respect of each Nomination or Renomination confirmed to a Shipper following the matching process;

Confirmed Quantity means the gas quantity confirmed by the Transmission System Operator to the Network User to be scheduled or re-scheduled to flow for a specific gas day.

Confirmed Quantity means the quantity of gas confirmed by a Transporter to be scheduled or re- scheduled to flow on Gas Day D following application of the matching rule i.e. the same value will be communicated to the User by the relevant Transporter at the IP;