Nomination Quantity definition

Nomination Quantity has the meaning given to that expression in Section C paragraph 1.1.4 of the IUK Access Code;

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Nomination Quantity means the quantity of natural gas specified in a Nomination or Renomination;

Nomination Quantity has the meaning give in Clause 9.1;

Examples of Nomination Quantity in a sentence

• In the event that the Seller (or its Transferor) or Buyer (or its Transferee) have entered a Trade Nomination Quantity different from that appearing on the ICE Endex French PEG Natural Gas Futures Confirmation Report, which has been accepted by GRTgaz under GRTgaz Rules, the Clearing House or its agent may direct the Seller (or its Transferor) or the Buyer (or its Transferee) to amend or withdraw such Trade Nomination on such terms as the Clearing House may consider appropriate.

• Where NGG has not submitted a NGG Nomination by the Initial Nomination Deadline, NGG shall be deemed to have submitted a NGG Nomination for a Nomination Quantity of zero.

• The Extended Gas Service will be at the price specified in Section 6.2., and will be subject to interruption only as provided in Section 7.2. The daily quantity that PSE&G is obligated to deliver of Extended Gas Service will be equal to the Daily Nomination Quantity, but in no event greater than the Maximum Daily Sales Quantity.

• At least two (2) Business Days prior to the earlier of Seller's or Buyer's Transporter(s') first of the month Nomination deadline each month during a Period of Delivery, Buyer shall notify Seller orally and in writing of the Initial Nomination Quantity for the upcoming month.

• In the event Buyer nominates less than full production from Seller’s dedicated ▇▇▇▇▇, Buyer will notify Seller by the fifteenth day of each calendar month of the Nomination Quantity Buyer will purchase from Seller during the succeeding Nominating Period.

• Notwithstanding the foregoing, TEMI shall deliver and sell and NJEA shall receive and purchase the Maximum Nomination Quantity on the Effective Date without delivery of a Call Notice to TEMI.

• Nomination Quantity for any Gas Day, the quantity of gas reflected in PSE&G's meter data for the Facility for such Gas Day may vary from such amount and any such variance or imbalance may result in gas imbalances as described below.

• Based on such information, Seller shall, on a continuous basis, select the appropriate Daily Nomination Quantity (“DNQ”), and shall make daily nomination adjustments necessary to deliver the DNQ requested by Buyer.

• The Company is not in default, and no event has occurred which with the passage of time or giving of notice or both would constitute a default by the Company with respect to any order, writ, injunction or decree known to or served upon the Company of any court or of any foreign, federal, state, municipal or other governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign.

• To the extent allowed by any Transaction, any changes to the Initial Nomination Quantity during the month shall be communicated as herein provided one (1) full Business Day prior to the earlier of Buyer's or Seller's Transporter(s') daily Nomination deadline.

More Definitions of Nomination Quantity

Nomination Quantity has the meaning given to that expression in Section C paragraph

Nomination Quantity has the meaning given to that expression in Section C paragraph 1.1.4 of the Interconnector Access Code;

Nomination Quantity means the quantity of Energy specified in the Call Notice, which amount shall equal fifty percent (50%) of (i) the maximum amount of Energy (in MWs per hour expressed as a whole number) that NJEA is permitted to deliver to JCP&L under the Amended PPA during Off-Peak Hours occurring during such day less (ii) the amount of electricity (in MWs per hour expressed as a whole number) that the Facility is expected to generate for sale to JCP&L under the Amended PPA during Off-Peak Hours occurring during such day. "Maximum Nomination Quantity" means (i) 125 MWs per Off-Peak Hour for the months of December through March and June through September and (ii) 100 MWs per Off-Peak Hour for the months of April, May, October and November. "Replacement Period" shall mean the period beginning on the date this Agreement is terminated pursuant to Section 5.2 hereof and ending at 11:59 p.m. August 13, 2011. "Replacement Power" means electricity purchased by NJEA as replacement for any Delivery Shortfall. Replacement Power shall not include Energy delivered to NJEA on behalf of TEMI pursuant to Section 3.1(a). "Replacement Price" means the lesser of (A) the price at which NJEA (or any other Person acting on its behalf), acting in a commercially reasonable manner, purchases Replacement Power, plus (i) transaction and other administrative costs reasonably incurred by NJEA (or any other Person acting on its behalf) in purchasing such Replacement Power and (ii) additional transmission charges, if any, reasonably incurred by NJEA (or any other Person acting on its behalf) to transmit Replacement Power to the Delivery Point, or (B) the LMP at the Delivery Point for such Replacement Power; provided, however, that in no event shall such price include any penalties, ratcheted demand or similar charges, nor shall NJEA be required to utilize or change its utilization of its owned or controlled assets or market positions to minimize TEMI's liability. "Resale Price" shall mean, without duplication, (i) the price at which TEMI, acting in a commercially reasonable manner, sells or is paid for Rejected Power, plus (ii) transaction and other administrative costs reasonably incurred by TEMI in re-selling such Rejected Power; provided, however, that in no event shall TEMI be required to utilize or change its utilization of its other assets or market positions in order to minimize NJEA's liability for Rejected Power.

Nomination Quantity has the meaning given to that expression in Section C paragraph 1.1.4 of the IAC;

Nomination Quantity means the Quantity of Natural Gas a Shipper nominated for delivery under an Entry Nomination or redelivery under an Exit Nomination or a Renomination for each hour on Gas Day D (“Hourly Quantity”).