Long Term Capacity definition

Long Term Capacity means Long Term Entry Capacity and/or Long Term LDM Exit Capacity, Sub-Sea I/C Offtake Capacity and/or DM Exit Capacity which is made available or booked (as the context requires) by a Shipper at or in respect of a DM Offtake or NDM Exit Capacity which is made available or booked (as the context requires) by a Shipper when the Shipper becomes the Registered Shipper at or in respect of a DM Offtake, or NDM Supply Point (as the case may be);
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Long Term Capacity has the meaning given in the Port Loading Protocols. Loss means any damage, payment, charge, loss, cost, liability (whether actual, contingent or prospective), claim or expense (including legal costs and expenses).
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Long Term Capacity means the capacity acquired by a Customer pursuant to the process set out in Part B of the Port Terminal Rules.
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Examples of Long Term Capacity in a sentence

  • If the Customer has agreed to acquire Long Term Capacity, within a reasonable amount of time following the date that is 3 years from the execution of this Agreement, the parties will meet and negotiate in good faith to review the Customer’s allocation of Long Term Capacity or the potential acquisition and allocation of Additional Capacity (as that term is defined in the Port Terminal Rules) to the Customer as new Long Term Capacity.

  • The total volume of Long Term Capacity sought must be for a minimum volume of 0.30 Mtpa (if the capacity includes a Category A or Category B Port Terminal) or 0.09 Mtpa (if the capacity does not include a Category A or B Port Terminal) and a maximum volume of 2 Mtpa.

  • At least two (2) weeks prior to the day on which the Shipping Stem will be opened either for Long Term Capacity or for Short Term Capacity, GrainCorp will provide all customers with current Bulk Wheat or Bulk Grain Port Terminal Services Agreements or Long Term Port Terminal Services Agreements with a notice in writing of the date and time upon which the stem will open, and will place a copy of the announcement on the Shipping Stem web page.

  • Opening of the Shipping Stem GrainCorp will open the Shipping Stem in respect of both Long Term Capacity and Short Term Capacity by the end of June each year for the following Shipping Year.

  • If a Customer does not confirm the Long Term Allocated Capacity and enter into a Long Term Port Terminal Services Agreement within two (2) business days of GrainCorp accepting the Indicative Long Term Nomination, the Customer will forfeit their Long Term Capacity Allocation.

  • This is a nomination for Long Term Capacity for a period of three (3) years under Part B clause 4.2 in accordance with Part B clause 4.3.

  • If the CNA relates to Long Term Capacity, that the customer has sufficient Long Term Allocated Capacity for the relevant period.

  • GrainCorp will advise Customers with Long Term Allocated capacity when the Shipping Stem in respect of Long Term Capacity for each Shipping Year will open.

  • This is the Long Term Capacity which is allocated to a Customer at each Port Terminal under a Long Term Port Terminal Services Agreement.

  • GrainCorp will open the Shipping Stem in respect of Long Term Capacity at least two (2) weeks prior to the date on which it opens the Shipping Stem in respect of Short Term Capacity.


More Definitions of Long Term Capacity

Long Term Capacity or “LT Capacity” shall mean capacity reserved for an Entry Point, a Processing Service, a Quality Service or an Exit Point for whole Year(s).
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Long Term Capacity or “LT Capacity” shall mean capacity reserved for an Entry
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Long Term Capacity means Capacity allocated for one or more Planning Weeks in the Year in accordance with clause 6.1.
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Long Term Capacity means any combination of Standard Capacity Products sold via annual quarterly auctions as defined in article 4.5.
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Related to Long Term Capacity

  • New Capacity means a new Generator, a substantial addition to the capacity of an existing Generator, or the reactivation of all or a portion of a Generator that has been out of service for five years or more that commences commercial service after the effective date of this definition.

  • Excess capacity means volume or capacity in a duct, conduit, or support structure other than a utility pole or anchor which can be used, pursuant to the orders and regulations of the Commission, for a pole attachment.

  • Operating Capacity means the effective storage capacity of a tank, taking into account accepted engineering principles, industry standards, API guidelines and Applicable Law, only as to Products that each tank is capable of storing, within the requirements of applicable permit requirements and under actual conditions as they may exist at any time. The Operating Capacity of each tank is listed on the applicable Terminal Service Order as of the date of such Terminal Service Order.

  • System Capacity means the operational capacity of the Gathering System at any applicable point in time.

  • Maximum Capacity or ‘Pmax’ means the maximum continuous active power which a power-generating module can produce, less any demand associated solely with facilitating the operation of that power-generating module and not fed into the network as specified in the connection agreement or as agreed between the relevant system operator and the power-generating facility owner;