Month M definition
Examples of Month M in a sentence
The invoice for any Month M shall be sent by the Operator to the Shipper after the end of said Month.
Buyer’s Tentative Requirements Schedule for Month M will at this point become “Buyer’s Requirements Schedule”.
However if the actual monthly average aggregate of Shipper's and Other Shippers' Send Out in a given Month M is less than two decimal five three (2.53) GWh/hour and is not due to Terminal Operator's fault or due to Force Majeure, then the Maximum Fuel Gas Reimbursement Percentage shall be calculated as follows: Maximum Fuel Gas Reimbursement Percentage = 1.30% + 1.3%*(2.53 -actual monthly average aggregate of Shipper's and Other Shippers' Send Out (in GWh/hour)), calculated to two significant digits.
Such Inventory Assessment shall be the “Closing Inventory” for Month M and the “Opening Inventory” for Month M+1.
The “Delivered Volume” for Month M is equal to the Opening Inventory in Month M plus the Supplied Volume in Month M minus Closing Inventory in Month M.