Maximum Daily Quantity or MDQ definition

Maximum Daily Quantity or MDQ means the maximum daily quantity of gas in Dth which Transporter agrees to receive (excluding lost-and-unaccounted-for gas) and transport on a firm basis, subject to Article II herein, for the account of Shipper hereunder on each day during the Delivery Period for each Path specified on Exhibit "A" attached hereto. Any limitations on the quantities to be received from each Receipt Point or delivered to each Delivery Point shall be as specified on Exhibit "A" attached hereto. Shipper shall have the right, at any time and from time to time, to permanently reduce, in whole or in part, the MDQ for any Path(s) set forth in Exhibit "A" attached hereto, in accordance with Rate Schedule FT-3 (MP) of Transporter's FERC Gas Tariff.
View Source
Maximum Daily Quantity or MDQ means, in respect of a Day, the maximum quantity of Gas that has been nominated by the Shipper and approved by First Gas to be transported from the Receipt Zone to the Delivery Point under this Agreement; Maximum Hourly Quantity or MHQ means, in respect of an Hour, the maximum quantity of a Shipper’s Gas to be transported from the Receipt Zone to the Delivery Point under this Agreement, as determined under clause 6.7; Nominated Interruptible Quantity or NIQ means, in respect of a Day, the amount of interruptible capacity requested by the Shipper (as MDQ);
View Source
Maximum Daily Quantity or MDQ means that Quantity specified for a Delivery Point in the Relevant Customer List (or determined in accordance with this Agreement) as varied from time to time by clauses 4.2(h), 4.3, and 4.4; Maximum Hourly Quantity or MHQ means the maximum Quantity of Gas which the Service Provider is obliged to transport and deliver to a Delivery Point on behalf of the User in any Hour and specified in the Relevant Customer List, if applicable, as varied from time to time by clauses 4.2(h), 4.3, and 4.4;
View Source

Examples of Maximum Daily Quantity or MDQ in a sentence

  • The "Maximum Daily Quantity" or "MDQ" shall mean the maximum quantity of Natural Gas that Utility may require UGIES to deliver on a Firm basis, on any day during a Winter Season.

  • The "Maximum Daily Quantity" or "MDQ" shall mean the maximum quantity of Natural Gas that Utility may require UGIES to deliver on a Firm basis on any day during a Winter Season.

  • The Maximum Daily Quantity or MDQ shall mean the maximum quantity of Natural Gas that Utility may require GASMARK to deliver on any day during a Winter Season.

  • The "Maximum Daily Quantity" or "MDQ" shall mean the maximum quantity of Natural Gas that Utility may require UGIES to deliver on a Firm basis during the Primary Term.

  • The Maximum Daily Quantity or MDQ shall mean the maximum quantity of Natural Gas that Utility may require UGI ES to deliver on a Firm Basis, on any day during the Primary Term and any Rollover Term.


More Definitions of Maximum Daily Quantity or MDQ

Maximum Daily Quantity or MDQ means with respect to each Path under a Service, the fixed maximum quantity of capacity that the Transporter is obliged to reserve in the Pipeline under this agreement for the account of the Shipper each Day, inclusive of System Use Gas and any Gas for correcting Cumulative Imbalances, expressed as a quantity in GJ per Day. The MDQ for any Day which is other than twenty-four (24) hours in length will be the proportion of that amount that the length of the day bears to twenty-four (24) hours.
View Source
Maximum Daily Quantity or MDQ means the maximum quantity per Day of Condensate that Gatherer has the obligation to receive at the Receipt Point and redeliver to the Delivery Point on behalf of a Base Shipper or Tier II Shipper.
View Source