Daily Variance Quantity definition

Daily Variance Quantity means, on any Day on which a Daily Variance occurs, the greater of:
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Daily Variance Quantity means the quantity calculated in the manner set out in section 2.2.8(g).
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Daily Variance Quantity has the meaning set out in clause 5.1. Day means a period of 24 consecutive hours beginning (depending on the location of the relevant Pipeline) at
Sample 1

Examples of Daily Variance Quantity in a sentence

  • The Daily Variance Charge for a Day is calculated by multiplying the Daily Variance Rate by the Daily Variance Quantity for that Day for a Receipt Point or a Delivery Point (as applicable) for which the Daily Variance Charge is payable under paragraph (b) and aggregating the amounts calculated above for each relevant Receipt Point and Delivery Point.

  • The User must pay to Service Provider the Daily Variance Charge, for each Day on which the Daily Variance Quantity: (a) at a Receipt Point exceeds the Daily Variance Allowance; or (b) at a Delivery Point exceeds the Daily Variance Allowance, excluding any portion of the Daily Variance that is caused by Service Provider or by a Force Majeure Event.

  • Daily Variance, Daily Variance Charge, Daily Variance Quantity have the meanings given in section 4.3. Day means: (a) if a standard day applies under the National Gas Rules, a period corresponding to that standard gas day; or (b) otherwise, a period of 24 consecutive hours beginning at 8:00 am Australian Central Standard Time.

  • Daily Variance, Daily Variance Charge, Daily Variance Quantity have the meanings given in section 4.3. Day means a period of 24 consecutive hours beginning at 8:00 am Australian Central Standard Time.

  • CPI has the meaning given in section 4 Daily Variance, Daily Variance Charge, Daily Variance Quantity have the meanings given in section 4.3. Day means a period of 24 consecutive hours beginning at 8:00 am Australian Central Standard Time.

  • Daily Variance, Daily Variance Charge, Daily Variance Quantity have the meanings given in section 4.3.3 of this Access Arrangement.

  • Daily Variance, Daily Variance Charge, Daily Variance Quantity have the meanings given in section 4.3. Day means: (a) if a standard day applies under the National Gas Rules, a period corresponding to that standard gas day; or (b) otherwise, a period of 24 consecutive hours beginning at 8:00 am Australian Central Standard Time.Delivery Point MDQ means the MDQ applicable to a particular Delivery Point.

  • CPI has the meaning given in section 4 Daily Variance, Daily Variance Charge, Daily Variance Quantity have the meanings given in section 4.3.3. Daily Variance Allowance has the meaning given to it in the Details.

  • Daily Variance, Daily Variance Charge, Daily Variance Quantity have the meanings given in section 4.3.3. Daily Variance Allowance has the meaning given to it in the Details.

  • Daily Variance Charge for a Day is calculated by multiplying the Daily Variance Rate set out in the Details by the Daily Variance Quantity for that Day for a Receipt Point or a Delivery Point (as applicable) for which the Daily Variance Charge is payable under paragraph (b) and aggregating the amounts calculated above for each relevant Receipt Point and Delivery Point.

Related to Daily Variance Quantity

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Reportable quantity means one of the following:

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in Section 3.1(e).

  • Forecast GDP means the average forecast for British Columbia’s real GDP growth made by the Economic Forecast Council and as reported in the annual February budget of the government;

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Volume Commitment means the agreed upon Customer commitment to purchase, and may be described as an Annual Volume Commitment, Total Volume Commitment, Tiered Volume Commitment, or Subminimum Volume Commitment.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • 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.

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Definite quantity contract means a fixed price contract that provides for a

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • MMBtu means one million British Thermal Units.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Variance Report shall have the meaning assigned to such term in Section 5.01(g).

  • SCHEDULE OF QUANTITIES, BILL OF QUANTITIES means the Schedule or Quantities as specified and forming part of contract.

  • Monthly Average Subscriber Level means the average number of Subscribers of the Licensee in a particular month, as set forth in the applicable month’s Subscriber Report (refer Schedule D).

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Delivery Month means each month specified as such by the Exchange pursuant to