Purchased Capacity definition

Purchased Capacity means Auction MDQ and Capacity Trade MDQ, confirmed and validated by the Service Providers in accordance with the Capacity Trade and Auction Procedures, that the Shipper has acquired pursuant to an Operational Transfer or the Capacity Auction (as applicable).

Purchased Capacity means the Capacity on the Traffic Connections as to which the Purchaser has paid the Purchase Price and has been granted an IRU in accordance with this Agreement.

Purchased Capacity means the S Capacity set forth on Schedule I ------------------ hereto, together with to the extent necessary to allow the Purchaser to use its IRU in the applicable S Capacity, the applicable T Capacity.

Examples of Purchased Capacity in a sentence

• Refunds from suppliers of capacity are credited to account 242.1, “Undistributed Purchased Capacity Refunds.” Refunds from suppliers of gas and feed stocks are credited to account 242.2, “Undistributed Gas Suppliers’ Refunds.” Refunds associated with FERC Order 636 transition costs will not be credited to either 242 accounts, but will be credited directly to Account 175.46 - Transition Costs.

• Purchased Capacity Credits may not be sold, transferred or used in any way other than as provided for under this Section.

• Any sale, transfer or use of Purchased Capacity Credits in violation of this Agreement shall be deemed null and void.

• The Purchased Capacity Master Agreement shall otherwise remain in full force and effect as to other purchasing parties that are not Member Agencies, and DMWW shall retain the right to set rates and provide service under the Purchased Capacity Master Agreement for parties that are not Member Agencies of CIWW.

• Effective on the Payment Date, the Grantor grants to the Purchaser, for the term set forth in Section 12 of this Agreement, an IRU in the Purchased Capacity for which payment has been made in accordance with Section 3(b) of this Agreement.

More Definitions of Purchased Capacity

Purchased Capacity the minimum Capacity (which shall include Capacity provided pursuant to the Backbone Agreements in accordance with the provisions of Section 8) in dollars to be acquired by the Purchaser on the Systems as set forth on Schedule 1 hereto.

Purchased Capacity. Purchased Capacity Shortfall," "Rates," "Required Capacity," "Shortfall Carrier," "Sub-DS-3 Backbone Agreement," "Sub-DS-3 Capacity" and "Sub-DS-3 Carrier." Sections 2.2, 2.3, 2.4, 2.5, 2.6, 3.3, 8 and 9.

Purchased Capacity means Installed Capacity with respect to which a Put Option or Call Option has been exercised.

Purchased Capacity means Capacity Trade MDQ, confirmed and validated by the Transporter in accordance with the Capacity Trade and Auction Procedures, that the Shipper has acquired pursuant to an Operational Transfer. PypIT has the meaning given in clause 6.2(a). Quarter means a period of 3 calendar months commencing on the first day of July, October, January or April and Quarterly has a corresponding meaning. Receipt Point means in respect of a Service, the Receipt Point listed in the relevant Annexure at which the Transporter receives Gas, or is deemed to have received Gas onto the Pipeline from, or on account of, the Shipper. Receiver includes a receiver or receiver and manager. Reference Tariff means the then current tariff for the relevant Service, which is made available on the Website from time to time.

Purchased Capacity means (a) with respect to Jointly Used Sewage Facilities, the amount of sewage capacity of a SROG Member expressed in millions of gallons per day that such SROG Member has purchased by the payment of the facility construction cost allocated to such SROG Member, and (b) with respect to Jointly Used Sewage Transportation Facilities, that part of the average daily flow expressed in millions of gallons per day that a SROG Member has purchased by participating in the total cost of the Jointly Used Transportation Facility.

Purchased Capacity means the Sewage Capacity that the Township has purchased from the Borough by payment of the applicable tapping fee which as of the date of this Agreement is 424,947 gpd.

Purchased Capacity means all Capacity of the Facilities (less station power) as provided or delivered pursuant to Section [2.1].