Daily Avails definition

Daily Avails means, for any Delivery Point, Purchaser's best estimate of the quantity of gas to be received by Purchaser from Seller on the Day in question, as adjusted under Section 2.7.1, for purposes of estimating the quantity of such gas to be resold by Purchaser to third parties. This estimate will be set out in the Daily Availability Report prepared by Purchaser. The best estimate of the quantity of gas, for any Delivery Point, to be received by Purchaser from Seller on the Day in question, as adjusted by Purchaser under Section 2.7.1, shall be calculated by Purchaser in accordance with the procedure described in Section 2.7.1.

Examples of Daily Avails in a sentence

  • An "Underdelivery" is defined as an instance where the quantity of gas actually delivered to Purchaser at a given Delivery Point in a Month is less than the Monthly quantity of Committed Gas designated for delivery at that Delivery Point in the FOM Availability Report as changed throughout the Month by timely revisions of the Daily Avails in accordance with Section 2.7.1 above.

  • Daily Avails are prepared and calculated using the following collaborative procedure.

  • An "Overdelivery" is defined as an instance where the Monthly quantity of gas actually delivered to Purchaser at a given Delivery Point is greater than the monthly quantity of Committed Gas designated for delivery at that Delivery Point in the FOM Availability Report as changed throughout the Month by timely revisions of the Daily Avails in accordance with Section 2.7.1 above.

  • If the actual total volumes of gas delivered under this Agreement or the applicable pricing information are not available by the date of the statement, the First of the Month Avails and Daily Avails and estimated prices shall be used and adjustments shall be made for the production Month on a Delivery Point-by-Delivery Point Basis, on the following Month's statement, or as soon thereafter as such information becomes available.

  • The management tool used by Purchaser for this integration is referred to as "Dealmaker." The integration of these volumes by Dealmaker produces the Daily Avails.

  • For Sources of Supply located in the San Juan ▇▇▇in, the portion of the Daily Avails affected by a constraint on a Transporter shall be renominated by Purchaser and sold on an intra-day basis.

  • For Committed Gas delivered to each Delivery Point in each Month, Purchaser shall pay the Tiered Pool Price (as defined below) for the Pricing Pool for such Delivery Point on that Day less the Transportation Costs for that Delivery Point multiplied by the sum of the aggregate quantity of Committed Gas shown in the FOM Availability Report for such Delivery Point on that Day as adjusted by the aggregate Daily Avails for such Delivery Point.

  • If the total volumes of Committed Gas actually delivered under this Agreement or the applicable pricing information are not available by the date of this statement, the First of the Month Avails and Daily Avails; or estimated prices shall be used and adjustments shall be made for the Month of delivery on a Delivery Point by Delivery Point basis as soon thereafter as such information becomes available.

  • Seller and Purchaser also recognize that Transporter may issue an OFO that obligates Seller or Purchaser to take action that may be contrary to the terms of this Agreement, including, the delivery and taking of gas in quantities contrary to those set forth in the FOM Availability Reports as changed throughout the Month by timely revisions of the Daily Avails in accordance with Section 2.7.1. Seller and Purchaser agree to use their best efforts to not cause the issuance of such an OFO.

Related to Daily Avails

  • Readily available means available under a standard of economic feasibility, as applied to the specific circumstances of the applicant, that includes, but is not limited to, the following:

  • Publicly available means any information that the disclosing party has a reasonable basis to believe is lawfully made available to the general public from federal, state, or local government records, widely distributed media, or disclosures made to the general public that are required by federal, state, or local law.

  • Average Daily Availability means the average daily Availability for the immediately preceding Fiscal Quarter.

  • Publicly Available Software means any open source or free Software (including any Software licensed pursuant to a GNU public license) or other Software that requires as a condition of use, modification or distribution that other Software incorporated into, derived from or distributed with such Software (a) be disclosed or distributed in source code form, (b) be licensed for the purpose of making derivative works or (c) be redistributable at no charge.

  • Publicly available information means information that: