Deemed Contract Rate definition

Deemed Contract Rate means the rates and charges which shall apply at any time to a Deemed Contract which are available at http://www.crowngas.co.uk/online-documents/.

Deemed Contract Rate means the rates and charges which shall apply at any time to a Deemed Contract which are available at xxxx://xxx.xxxxxxxx.xx.xx/online-documents/. ‘Forecast Contractual Consumption’ means the quantity of Gas it is estimated will be consumed in each Supply Period under the Agreement as calculated by Crown Gas & Power by reference to the System Operator`s registered annual quantity and as set out in the Contract Details. ‘Gas’ means Natural Gas ‘Installation Date’ means the date on which the Meter is installed ‘Installer’ means Crown Gas & Power, Transporter or an alternative third party appointed by Crown Gas & Power to provide the Meter Installation. ‘Maximum Contractual Consumption’ (‘MACC’) means in respect of each Supply Period the maximum quantity of Gas the Customer can take equal to 125% of the Forecast Contractual Consumption. ‘Maximum Daily Quantity’ (“MDQ”) means in respect of a Site the maximum quantity of Gas which each Site can use in one 24-hour period. ‘Meter’ means in respect of a Site, the primary measuring equipment of the Transporter installed in the supply pipeline from Transporter’s transmission system at such Site. There may be more than one meter at a Site. ‘Meter Installation’ means with respect to each Offtake Point, the meter and associated equipment installed or to be installed at each Site, including associated pipework, regulator filters, valve seals, housing and mounting. ‘Meter Reader’ means the person appointed to undertake a Meter Reading. ‘Meter Reading’ means the reading of the index of the Meter. ‘Micro Business’ means any business which consumes less than 293,071kWh and employs fewer than 10 employees and the annual turnover or annual balance sheet does not exceed £2million. ‘Minimum Contractual Consumption’ (‘MCC’) means in respect of each Supply Period the minimum quantity of Gas the Customer can take equal to 75% of the Forecast Contractual Consumption. ‘Network Code’ means the contract defining the rights of National Grid and Gas shippers. ‘Nominated Consumption’ means the quantity of Gas in respect of each Meter which the System Operator estimates (using its reasonable endeavours) that will be consumed on each Site in each Supply Period as specified overleaf.

Deemed Contract Rate means the deemed rate charged by the Supplier for any Supply provided after the Withdrawal Date in relation to any Supply Point being the rate charged to all customers of the same type as the Customer at the relevant time.

Examples of Deemed Contract Rate in a sentence

• In the event a Customer fails to complete and sign off the Contract Details, Crown Gas & Power shall supply Gas to the Customer under a Deemed Contract to which the terms and conditions as set out in this Agreement shall apply (save for clauses 2.1 and 3.2) and Crown Gas & Power shall charge the Customer the Deemed Contract Rate.

• If You move into a Property that We supply with Energy, or if You have not actively agreed to a new Energy Contract with Us, then We will continue to supply You with Energy under a deemed contract at the Deemed Contract Rate, until such point as Your Energy supply at the Property has switched to another Energy supplier, or You enter into a new contract with Us. The terms and conditions of Our deemed contract are these Terms and Conditions.

• The charges You pay for Energy We supply to the Property will be specified in the Start of Supply Letter or will be the Deemed Contract Rate (where applicable).

• Electricity will be charged at the applicable Deemed Contract Rate detailed in the Price Schedule as amended from time to time.

• Power may vary the Out of Contract Rate and/or the Deemed Contract Rate at any time on notice by publishing the revised rate(s) on its website.

More Definitions of Deemed Contract Rate

Deemed Contract Rate means the rates and charges which shall apply at any time to a Deemed Contract which are available at xxxx://xxx.xxxxxxxx.xx.xx/online-documents/. ‘Gas’ means Natural Gas ‘Installation Date’ means the date on which the Meter was installed ‘Installer’ means Crown Gas & Power, Transporter or an alternative third party appointed by Crown Gas & Power to provide the Meter Installation.

Deemed Contract Rate means the rates and charges which shall apply at any time to a Deemed Contract which are available at xxxx://xxx.xxxxxxxx.xx.xx/online-documents/.

Deemed Contract Rate means the rates and charges which shall apply at any time to a Deemed Contract which are available at xxxx://xxx.xxxxxxxx.xx.xx/online-documents/ ‘Installer’ means Crown Gas & Power, Transporter or an alternative third party appointed by Crown Gas & Power to provide the Meter Installation.

Deemed Contract Rate means the rates and charges which shall apply at any time to a Deemed Contract which are available at xxxx://xxx.xxxxxxxx.xx.xx/online-documents/. ‘Elevated Pressure’ means more than 75 millibar (mbar). ‘Energy Act’ means the Energy Act 1976 (as amended).

Deemed Contract Rate means Our Fair Market Price Variable tariff rate (as amended from time to time).

Deemed Contract Rate means Our Planet Variable tariff rate (as amended from time to time).

Deemed Contract Rate means our Standard Variable Tariff (as amended from time to time).