Contract Demand Quantity definition

Contract Demand Quantity or “CDQ” means the monthly quantity of demand (expressed in kilowatts) included in each customer’s CHWM Contract that is subtracted from the Customer System Peak (as defined in the TRM) as part of the process of determining the customer’s Demand Charge Billing Determinant (as defined in the TRM), as calculated in accordance with section 5.3.5 of the TRM.
Contract Demand Quantity means the daily quantity of Natural Gas expressed in GJ/day, which Shipper has requested and Transporter has agreed to transport on a firm basis.
Contract Demand Quantity or “CDQ” shall have the meaning as defined in the TRM, the definition of which is recited in section 6.6.1.

More Definitions of Contract Demand Quantity

Contract Demand Quantity means the quantity of Natural Gas, expressed in GJ per day, as set out on the Schedule of Service, contracted for by Shipper hereunder for Firm Service and for which Shipper has agreed to pay the Demand Charge and Commodity Charges in accordance with the provisions of this Firm Service Transportation Agreement and the General Terms and Conditions;

Related to Contract Demand Quantity

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Base Capacity Demand Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources and the clearing price for Base Capacity Resources and Capacity Performance Resources, representing the cost to procure additional Base Capacity Resources or Capacity Performance Resources out of merit order when the Base Capacity Demand Resource Constraint is binding.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;