Nominated Volume definition

Nominated Volume means the volume of Ethylene nominated by Shipper during a month for transportation on Carrier’s Pipeline System.
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Nominated Volume has the meaning specified in Section 5.4.
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Nominated Volume means, with respect to any period, the volume of Crude Petroleum nominated in such period by MPC pursuant to the Tariffs.
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Examples of Nominated Volume in a sentence

  • In such circumstances the Nominated Volume for the relevant period shall be reduced by the amount all such quantities purchased from alternative sources by Cargill during such period.

  • If CTH fails to timely provide written notice of its nominations for the applicable quarter, CTH’s Nominated Volume for the immediately preceding quarter shall apply to such quarter.

  • MSCG shall prepare and deliver to TRC an updated WTI Differential Report following any agreed upon adjustment to a Nominated Volume.

  • In the event Seller --------------------------------------------- fails to delivery the Nominated Volume by Buyer in the accordance with Article 3.02 of this Agreement ("Seller's Shortfall"), then Seller agrees that Buyer shall be entitled to purchase substitute product in an amount equal to the difference between the Nominated Volume and the Actual Volume delivered by Seller ("Seller's Shortfall Volume").

  • Unless such failure is due to a Force Majeure Event or Seller’s failure to properly tender such volumes for delivery to Buyer, commencing on the Commercial Operations Date and during [**] of the Start-up Period and Delivery Term thereafter, Buyer shall be responsible for (i) nominating the minimum Buyer Nominated Volumes as required by Section 3.2 above and (ii) purchasing and receiving all Renewable Hydrocarbons tendered for delivery up to the Buyer Nominated Volume.


More Definitions of Nominated Volume

Nominated Volume means, with respect to any period, the volume of Product nominated in such period by MPC pursuant to the Tariffs.
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Nominated Volume means for any Nomination Month, a Regular Shipper's nomination of Crude Petroleum for transportation by the Carrier.
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Nominated Volume has the meaning set forth in Section 2.1(c). APPENDIX I
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Nominated Volume has the meaning given to such term in Section 2.4(b)(i).
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Nominated Volume has the meaning set forth in Section 4.1 of the Base Agreement.
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Nominated Volume means, for each Month, the volume of that grade of Oil included in the Agreed Lifting Program for such Month as provided in Article 10 of this Agreement;
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Nominated Volume means, with respect to prepay Product Purchase/Sale Transactions, the Parties' good faith estimate of the volume of Product to be delivered by Seller and received by Buyer in a specified Delivery Month as set forth in the applicable Confirmation.
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