Monthly Contract Quantity definition

Monthly Contract Quantity or “MCQ” for each Month shall be equal to the aggregate of the DCQ in effect for each Day of the Month.
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Monthly Contract Quantity. Has the meaning given thereto in Section 5.2.1(c).
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Monthly Contract Quantity or “MCQ” means the total sum of all DCQ for each Month, and shall be the basis for calculating Buyer’s Take or Pay obligation as described in Article 2.2(c).
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Examples of Monthly Contract Quantity in a sentence

  • This calculated value will be multipied by the factor of adjustment and converted from Ccf to Dth using the 12 month system average BTU conversion factor and will be called the Aggregated Monthly Contract Quantity (AMCQactual).

  • In Step 1, SDG&E shall allocate the interruption based upon either: (a) the awarded Firm Noncore Monthly Contract Quantity (MCQ) divided by operating days, divided by 24 hours; or (b) the awardedHourly Contract Quantity (HCQ) for the specific hour, whichever is L applicable.

  • Monthly Contract Quantity: for any Month, it is the value, expressed in MWh(25°C), equal to the sum of the relevant DCQ-DPAs of all Days comprised within such relevant Month (“Monthly Contract Quantity DPA” or “MCQ-DPA”).

  • GEL and GVPGL have entered into Gas Sales and Purchase Agreements (GSPA) wherein they have committed to purchase and suppliers have committed to sell 80% of the Adjusted Monthly Contract Quantity, as defined under GSPA, of natural gas in each Contract month and 90% of the Adjusted Annual Contract Quantity, as defined under GSPA, of natural gas in each contract year at a price which is linked to the average price of Brent Crude Oil as per the terms agreed between the parties.

  • The firm service usage shall be determined on a monthly basis to be equal to T the customer’s total consumption not to exceed their Monthly Contract Quantity (MCQ).


More Definitions of Monthly Contract Quantity

Monthly Contract Quantity or “MCQ” means, for each month, the product of (a) the applicable Seasonal Shaping Factor for such month and (b) one hundred five percent (105%) of the Monthly Annualized Average.
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Monthly Contract Quantity means the 10,000 HP-hours per hour multiplied by the number of hours in the applicable month."
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Monthly Contract Quantity is the sum of the Daily Contract Quantities for the applicable Month.
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Monthly Contract Quantity shall have the meaning set forth in Article 3.2;
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Monthly Contract Quantity means an amount of water on a monthly basis not to exceed 7.0 acre feet except in times of an AJWD Emergency.
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Monthly Contract Quantity meanss 21,000 HP multiplied by the number of hours in the applicable month, excluding any hours during which there is an interruption of Shaft Energy delivery by ECS due to an interruption of Shaft Energy delivery in accordance with Section 2.5 of this Agreement or any interruption of Shaft Energy due to ECS' nonperformance under this Agreement.
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Monthly Contract Quantity means, as to any Contract Month, the total monthly quantity, expressed in MMBtu identified in Seller's Nomination.
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