Minimum Volume Commitments definition
Examples of Minimum Volume Commitments in a sentence
Gatherer’s election to refuse receipt of any of Shipper’s Oil pursuant to this Section 12.2 shall not release Shipper from any obligation to indemnify Gatherer for such breach under Article XVI or to pay for all Minimum Volume Commitments.
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.
Sunrun Reserves the right to call and hold a strategic review session if at any time any the Unit Minimum Volume Commitments are not being met.
Schedule 8.24 sets forth, as of the Closing Date, all Minimum Volume Commitments of the Borrower and the Restricted Subsidiaries and indicates which Minimum Volume Commitment have an acreage dedication associated therewith.
Customer agrees that in the event nominations by TDA Customers are less than the Total Minimum Volume Commitments, Transporter shall be entitled to use the unused capacity to transport volumes nominated by other TDA Customers, without any reduction in the Deficiency Payments payable by Customer under Section 6.3.
Sunrun Reserves the right to call and hold a strategic review session if at any time any the Minimum Volume Commitments are not being met.
Gatherer's election to refuse receipt of any of Shipper's Oil pursuant to this Section 12.2 shall not release Shipper from any obligation to indemnify Gatherer for such breach under Article XVI or to pay for all Minimum Volume Commitments.
The following disclosures only include information regarding revenues associated with consolidated entities, and revenues from entities accounted Minimum Volume Commitments.
If you do not meet the total of the combined Minimum Volume Commitments in any given quarter, then you agree that you will pay the shortfall fee computed according to the formula on the Order (the “Minimum Volume Commitment Shortfall Fee”).
The Parties further acknowledge and agree that there shall not be any carry-over of volumes in excess of the Minimum Volume Commitments to any subsequent Contract Quarter.