Hourly Demand definition

Hourly Demand means the average of the instantaneous Demand integrated over a single clock hour, in MW.

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Hourly Demand means demand integrated over a single clock hour, measured in megawatt hours.

Hourly Demand means a contractually specified volume of gas applicable to a Service which is the maximum volume of gas the Company is required to deliver to the Customer on an hourly basis under the Contract.

Examples of Hourly Demand in a sentence

• Hourly Demand shall be calculated for each End-use Load using the Adjusted kW for each End-use Load and the Hourly Runtime for End-use Loads as follows: *** *** Portions of this agreement marked by *** have been omitted pursuant to a request for confidential treatment.

• Notwithstanding anything to the contrary in this Agreement, if the Seller is required to supply Buyer with steam in excess of either the Maximum Hourly Demand or the Maximum Annual Steam Take ("Excess Steam"), in addition to the O&M Charge and the Capacity Charge, the Buyer shall pay Seller for all such Excess Steam a Fuel Charge equal to the actual cost of fuel used to produce the steam from the Back-Up Boilers.

• Except as otherwise set out herein or in Rate 300, the New Contract Demand, and adjusted Hourly Demand and Maximum Contractual Imbalance, shall not apply retroactively.

• Receipt - The maximum volume of gas the Company is required to receive from the Customer in any Day is the Contract Demand and in any hour is the Hourly Demand; provided that the Company, in its sole discretion, may agree to receive a volume of gas which is in excess of the foregoing maximum amounts.

• The maximum volume of gas the Company is required to deliver to the Customer at a single Terminal Location in any Day is the Contract Demand of such Terminal Location, and in any hour is the Hourly Demand of such Terminal Location.

• In any instance of the occurrence, or use of, or deemed taking of Unauthorized Demand Overrun Gas, the Contract Demand for such Terminal Location (and the corresponding Hourly Demand) may be automatically adjusted upward to the level (the “New Contract Demand”) and for the period (the “Alteration Period”) identified and set out in Part 5 of Appendix “A” and/or Rate 300.

• The maximum volume of gas the Company is required to deliver to the Customer in any Day is the Contract Demand, and in any hour is the Hourly Demand.

• The maximum volume of gas the Company is required to receive from the Customer in respect of a Terminal Location in any Day is the Contract Demand (plus UFG) of such Terminal Location, and in any hour is the Hourly Demand (plus UFG) of such Terminal Location; provided that the Company, in its sole discretion, may agree to receive a volume of gas in excess of the foregoing maximum amounts.

• The establishment of a New Contract Demand shall establish a corresponding: (i) new Hourly Demand, and (ii) new Maximum Contractual Imbalance.

• During the Service Term, subject to the terms of this Agreement, Gulf Power shall sell and deliver to FPUC, and FPUC shall receive and purchase from Gulf Power, a supply of energy necessary to supply the Northwest Hourly Demand.

More Definitions of Hourly Demand

Hourly Demand means, the volume of gas (expressed in m³) which is one twenty-fourth (1/24th) of the Contract Demand.

Hourly Demand means, in the case of the Primary Rate for a Terminal Location, the Primary Rate Hourly Demand, and, in the case of the Secondary Rate for a Terminal Location, the Secondary Rate Hourly Demand.

Hourly Demand means the electrical demand in kW of each End-use Load in one hour using Hourly Runtime data and Measured kW data. The methodology for calculating and determining Hourly Demand is set forth in Attachment 1C.