minimum consumption definition
minimum consumption means: (i) the minimum amount of gas, electricity or both that we will supply to you in any period as specified in the contract option or product schedule (where applicable ); or (ii) where your agreement is concluded verbally, 80% of the EAC or the AQ, as applicable for the relevant site; “network operator” has the meaning given to it in National Grid’s Grid Code, as amended from time to time;
minimum consumption means 70% of the AQ, as applicable for the relevant meter;
minimum consumption means the minimum amount of electricity we will sell you under this Agreement at all Sites in a Jurisdiction before we can charge you the Shortfall Charge, being an amount (in MWh) equal to the applicable Minimum Volume Flexibility Quantity Percentage (as specified in the Schedule (if not specified, it is zero)) of your Target Consumption.
More Definitions of minimum consumption
minimum consumption means: (i) the minimum amount of gas, electricity or both that we will supply to you in any period as specified in the contract option; or (ii) where your agreement is concluded verbally, 60% of the gas, electricity or both that we will supply to you in any period as specified in the verbal agreement;
minimum consumption means the minimum amount of gas, electricity or both that we will supply to you in any period as specified in the contract option (where relevant);
minimum consumption means the minimum amount of gas that we will supply to you in any period as specified in the contract option (where relevant); “network operator” has the meaning given to it in National Grid’s Grid Code, as amended from time to time;
minimum consumption means the Minimum Consumption that the Purchaser undertakes to make from the Dedicated Installation during the Term of the Contract, defined in Clause 5.1 and Schedule 8.