Minimum Volume definition

Minimum Volume means, for the Cochin Pipeline, a minimum continuous volume of 50,000 Barrels or 7,950 Cubic Meters of Light Condensate received or delivered at one time.

Minimum Volume means a minimum continuous volume of 60,000 Barrels of Product received or delivered at one time.

Minimum Volume means a minimum continuous volume of 15,000 Barrels of Crude Petroleum received or delivered at one time.

Examples of Minimum Volume in a sentence

• The Borrower shall not, nor shall it permit any of its Subsidiaries to, enter into any Minimum Volume Commitment without prior written consent of the Administrative Agent.

• As of the Closing Date, Schedule 4.21 sets forth a complete and correct list of all (a) material agreements and other instruments in effect or to be in effect, except to the extent that a default, breach, termination or other impairment of such agreement or instrument could not reasonably be expected to cause a Material Adverse Change, and (b) Minimum Volume Commitments of any Loan Party.

• Prior to any Loan Party entering into a binding Minimum Volume Commitment, the Borrower shall deliver to the Administrative Agent notice of such Loan Party’s intention of entering into such Minimum Volume Commitment, along with drafts of the proposed agreement evidencing such Minimum Volume Commitment and such other documents and agreements as the Administrative Agent or any Lender may reasonably request in connection therewith.

More Definitions of Minimum Volume

Minimum Volume means the minimum volume, if any, set forth on Schedule 1 for a particular Product.

Minimum Volume means, for the Diluent Pipeline, a minimum continuous volume of 20,000 barrels or 3,000 cubic meters of Diluent received or delivered at one time.

Minimum Volume shall have the meaning provided in Section 2.2.

Minimum Volume means a minimum continuous volume of 15,000 Barrels of Product received or delivered at one time, as modified by Item 4.a.3.

Minimum Volume means the minimum volume, if any, set forth on Schedule 1 for a particular Product. Portions of this Exhibit were omitted and have been filed separately with the Secretary of the Commission pursuant to the Company’s application requesting confidential treatment under Rule 24b-2 of the Exchange Act — [*] denotes omissions.

Minimum Volume means Product Volume which equals or exceeds $6,000,000.

Minimum Volume has the meaning set forth in Section 5.1.2 below.