Incremental Volume definition

Incremental Volume means the difference between the volume of gas a utility purchased for immediate delivery in Minnesota during the critical period and the volume of gas a utility distributed in Minnesota between February 5, 2021, and February 10, 2021.
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Incremental Volume means, for any Contract Year, the amount by which Annual Volume exceeds 65 million pounds of Products shipped by Ventura and paid for by Customer, net of any refunds.
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Incremental Volume means the difference between the volume of gas a utility purchased for immediate delivery in Minnesota during the critical period and the volume of gas a utility
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Examples of Incremental Volume in a sentence

  • The Shortfall Credit shall be posted as a credit to TRMC's account, and shall be applied in subsequent Monthly invoices against amounts owed by TRMC for Incremental Volume Throughput Fees and Excess Volume Throughput Fees during any of the succeeding three (3) Months.

  • For purposes of this Agreement, the Base Management Fee, the Administrative Management Fee, the Incremental Volume Fee, the Cost Savings Gainshare Incentive Fee and the [*] shall be referred to herein as the "Services Fees." Services Fees shall also include (a) the fees and/or [*] by A&P with respect to the Other Services as set forth in Schedules 5.2, 5.3 and 5.4 (together, the "Other Services Fee") and (b) any fees later agreed to by the Parties, including for Additional Services.

  • The calculation of the price for Qualifying Incremental Volume is as follows: Phenol Price (in cents per pound or cpp) = (0.9 x BZ) + (0.5 x P) - (0.6 x DMK) + (0.75 x NG) + 13.5 cpp Where: BZ, P, DMK = the same definitions as set out in Article 4.2.2 of the Contract.

  • In Packer’s sole discretion, Packer may agree to produce the Incremental Volume in addition to the Annual Commitment of the prior Contract Year.

  • Participating Member will be eligible to earn an Incremental Volume Rebate as indicted below off the then current WAC as time of purchase.

  • On the last day of each month during the term of the Qualifying Incremental Volume supply, Buyer will verify to Seller the volumes of phenol and acetone actually used during such month for sales to GE as Qualifying Incremental Volume.

  • Pursuant to this Section 1.2(d) and Addendum B-1 attached hereto, the Letter of Credit Amount is hereby increased due to the Incremental Volume as set forth on Addendum B-1.

  • Notwithstanding the foregoing, in any given month during the term of this Article 19, Seller shall not be obligated to sell any volumes of acetone to Buyer as Qualifying Incremental Volume wherein such monthly purchase does not also include the purchase by Buyer of phenol at the approximate 3.2:1 ratio of phenol to acetone described above.

  • Subject to the audit provisions in Article 19.5, Seller will invoice Buyer for Qualifying Incremental Volume as a separate line item on the consolidated monthly invoice Seller issues to Buyer.

  • Any such Incremental Volume will be added to the Conventional Volume provided for in this Agreement by means of a sub-agreement between Seller and Buyer which shall set forth the agreed upon pricing, quantities and other specifications for such Incremental Volume.


More Definitions of Incremental Volume

Incremental Volume means a volume of Product Nominated by a Committed Shipper as incremental volumes in accordance with a TSA, if applicable.
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Incremental Volume means the portion of tonnage shipped through the Seaway by a specific shipper/receiver in a given season, above the pre-approved maximum tonnage realized by that specific shipper/receiver over the previous five
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Incremental Volume means, for any Contract Year, the amount by which Annual Volume exceeds *** pounds of Products shipped by Ventura (net of returns). ______________________________ *** Certain information on this page has been omitted in accordance with a request for confidential treatment submitted to the SEC. The omitted information has been filed separately with the SEC.
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Related to Incremental Volume

  • 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.

  • Maximum Incremental Amount means, at any time, the sum of (a) $1,400.0 million minus the Dollar Equivalent amount (measured at the time of incurrence) of New Term Loans, New Revolving Commitments and Permitted Alternative Incremental Facilities Debt previously established or incurred in reliance on this clause (a) plus (b) the aggregate Dollar Equivalent amount (measured at the time of prepayment or reduction) of Term Loans and Revolving Commitments outstanding on the Closing Date (or established pursuant to clause (a) above) that are optionally prepaid or optionally reduced (other than with the proceeds of long-term Indebtedness (other than borrowings under any revolving credit facility) and other than Revolving Commitments replaced with New Revolving Commitments) following the Closing Date and on or prior to such time (and, in the case of any prepayment of Term Loans pursuant to Section 2.08(d), based on the Dollar Equivalent amount (measured at the time of each applicable prepayment) expended by the Borrowers pursuant to such Section 2.08(d) and not the principal amount) plus (c) an unlimited amount so long as, in the case of this clause (c) only, on a pro forma basis (including the application of proceeds therefrom but excluding any increase in cash and cash equivalents and treating any New Revolving Commitments established pursuant to this clause (c) as fully drawn and all Permitted Alternative Incremental Facilities Debt incurred pursuant to this clause (c) as secured by Liens whether or not actually secured (but without giving effect to any substantially simultaneous incurrence of any New Term Loans, New Revolving Commitments or Permitted Alternative Incremental Facilities made pursuant to the foregoing clauses (a) and (b))), the Consolidated Secured Debt Ratio would not exceed 3.00 to 1.00 (it being understood that the Borrowers shall be deemed to have used amounts under clause (c) (to the extent compliant herewith) prior to utilization of amounts under clause (a) or (b)).

  • Available Incremental Amount has the meaning set forth in Section 2.14(d)(v).

  • Fixed Incremental Amount means (i) the greater of $610,000,000 and 100% of Consolidated EBITDA as of the last day of the most recently ended Test Period minus (ii) the aggregate outstanding principal amount of all Incremental Facilities, Incremental Equivalent Debt and/or Indebtedness incurred pursuant to Section 7.03(r)(ii)(A), in each case incurred or issued in reliance on this definition.

  • Incremental Amount has the meaning specified in Section 2.14(a).