DAILY DELIVERED QUANTITY definition
DAILY DELIVERED QUANTITY please refer to the definition given in the GRTgaz’ Transmission Contract. Locational Quantity: Quantity of Gas, for a given Bid, expressed in MWh (GCV at 25°C), to be delivered or taken off by the Preferred Supplier at the Locational Point and on the Locational Day. Affiliated company: an entity that controls, is controlled directly or indirectly by, or is under joint control of either of the Parties, is considered an affiliate. In the General Terms and Conditions, the term "control" and the expressions derived from it such as "controlled by" and "under the same control" are used within the meaning of Article L233-3 of the French Commercial Code. Tendering Process (also Transaction): In a Call for Tenders, an agreement between GRTgaz and the Preferred Supplier who operates via the Locational Platform, materialized by one hour, on the delivery or take off of quantities of Gas corresponding to all or part of a given Bid, at a Price equivalent to the aforementioned offered Price at the Locational Point(s) asked by GRTgaz and on the terms set out in these General Terms and Conditions.
DAILY DELIVERED QUANTITY is defined in Clause 7.1(a).