Historical Volume definition

Historical Volume means a Shipper’s average monthly product movement during the 12 months immediately following the date that is 13 months prior to the first day of the month during which capacity will be allocated; provided that Historical Volume does not include the product movement of a Priority Service Shipper during any month of such period that does not exceed the Shipper’s Entitlement except that, for purposes of calculating the Historical Volume of a Priority Service Shipper (excluding a Priority Service Shipper whose TSA was terminated based on its default) after the end of the term of its TSA, its Historical Volume will take into account all of the product movement of such Shipper, including its Shipper’s Entitlement, during the last 12 months of such term to the extent such months are included in the rolling 12 month calculation.
Historical Volume has the meaning set forth in Section 3.1(b).
Historical Volume means a Shipper’s product movement during the first 12 Months following a date 13 Months prior to the first Day of the Month during which capacity will be allocated; provided that, Historical Volume does not include the product movement of a Contract Shipper during such period that does not exceed its T&D Obligation.

Examples of Historical Volume in a sentence

  • The government has requested a grant not exceeding $7.0 million from ADB’s Special Funds resources (Asian Development Fund [ADF]) to help finance the project including a $2.9 million grant allocation from the ADF disaster risk reduction financing mechanism.22 The Ministry of Finance, Banking and Postal Services (MOFBPS) will provide the funds to MEC under a subsidiary grant agreement.

  • The Plant’s Historical Volume is the total receipts from the Plant during the last twelve complete months prior to the month before the calendar month during which capacity will be prorated.

  • Allocation of capacity will be based on each Plant's Historical Volume.

  • Shipments of Petroleum Products by a Shipper using such unutilized Dedication Shipper Capacity shall not be included in the calculation of that Shipper’s Historical Volume.

  • Shipments of Petroleum Products by a Shipper using such unutilized capacity of the 2013 Expansion shall not be included in the calculation of that Shipper’s Historical Volume.

  • Each such Regular Shipper will be allocated capacity that equals the lesser of (i) its Nomination or (ii) Regular Shipper Available Capacity times a fraction, the numerator of which is its Historical Volume and the denominator of which is the aggregate Historical Volume of all Regular Shippers.

  • MacGillivray (ed.), A Century of Protestant Missions in China (1807-1907): Being the Centenary Conference Historical Volume, Shanghai: American Presbyterian Mission Press 1907.

  • This was supplemented by Who Was Who in America, Historical Volume, 1607-1896 and The National Cyclopaedia of American Biography; additional details were obtained from a number of biographical sources.”(Khan and Sokoloff, 1993,p.

  • As well, Western Canada elected 64 Canadian Alliance members of Parliament out of a total of 88 seats in the four Western provinces.

  • Donald MacGillivray, ed., A Century of Protestant Missions in China (1807-1907): Being the Centenary Conference Historical Volume (New York: American Tract Society; Shanghai: American Presbyterian Mission Press, 1907), 674.


More Definitions of Historical Volume

Historical Volume means Buyer’s total receipts of Raw Product from each Supplier during the most recent twelve (12) calendar months for which data is available prior to the first day of the calendar month during which capacity is being prorated.

Related to Historical Volume

  • Runoff volume means the volume of water that runs off the land development project from a prescribed storm event.

  • Service Volume means a measure of Services for which a Performance Target is set.

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

  • 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.

  • 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.

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.

  • 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.

  • 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.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Grade point average or "GPA" means the grade point average earned by an eligible student and reported by the high school or participating institution in which the student was enrolled based on a scale of 4.0 or its equivalent if the high school or participating institution that the student attends does not use the 4.0 grade scale;

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

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

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • 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.

  • Basic gas supply service means gas supply service that is

  • 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.

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

  • Water quality volume means the volume equal to the first one-half inch of runoff multiplied by the impervious surface of the land development project.

  • Meet-Point Billing (MPB) refers to the billing associated with interconnection of facilities between two or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-xxxx environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Gas supply service means the provision to customers of the

  • Maximum Concentration Level Assessment means the Maximum Concentration Level Assessment for the purposes of a Basic Comprehensive Certificate of Approval, described in the Basic Comprehensive User Guide, prepared by a Toxicologist using currently available toxicological information, that demonstrates that the concentration at any Point of Impingement for a Compound of Concern that does not have a Ministry Point of Impingement Limit is not likely to cause an adverse effect as defined by the EPA. The concentration at Point of Impingement for a Compound of Concern must be calculated in accordance with O. Reg. 419/05.

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Baseline concentration means that ambient concentration level that exists in the baseline area at the time of the applicable minor source baseline date. A baseline concentration is deter- mined for each pollutant for which a minor source baseline date is estab- lished and shall include:

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.