Daily Contract Quantity definition
Examples of Daily Contract Quantity in a sentence
Contract Year Buyer fails to purchase and take 100,000 Mcf of applicable Daily Contract Quantity as scheduled, when the applicable Sales Price is $7.55 per Mcf.
Licensee agrees that MLBPA shallhave the right, at its discretion and in a manner and style of its choice, toprint catalogues, brochures, advertisements or other promotional materialswherein representative merchandise from Licensee and other Licensees of MLBPAshall be displayed.
The Buyer shall draw and the Seller shall supply Daily Contract Quantity of Gas at a uniform rate, which rate shall be determined by dividing the Daily Contract Quantity by 24 with a maximum daily variation of ± 10% (plus or minus ten percent).
Such nomination shall specify daily deliveries at uniform rates not in excess of the applicable Daily Contract Quantity, unless otherwise agreed in advance by Seller.
Subject to the terms and conditions of this Agreement, Seller shall make available to Buyer, for purchase at the Delivery Point(s) on each Gas Day beginning with the Commercial Start Date, an aggregate volume of Gas equal to the Adjusted Daily Contract Quantity.