Short Term Capacity definition

Short Term Capacity means Short Term Entry Capacity and/or Short Term Exit Capacity as the case may be;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Short Term Capacity or “ST Capacity” shall mean capacity reserved for an Entry Point, a Processing Service, a Quality Service or an Exit Point for one or more Day(s).

Short Term Capacity or “ST Capacity” shall mean capacity reserved for an Entry

Examples of Short Term Capacity in a sentence

• At least two (2) weeks prior to the day on which the Shipping Stem will be opened either for Long Term Capacity or for Short Term Capacity, GrainCorp will provide all customers with current Bulk Wheat or Bulk Grain Port Terminal Services Agreements or Long Term Port Terminal Services Agreements with a notice in writing of the date and time upon which the stem will open, and will place a copy of the announcement on the Shipping Stem web page.

• Opening of the Shipping Stem GrainCorp will open the Shipping Stem in respect of both Long Term Capacity and Short Term Capacity by the end of June each year for the following Shipping Year.

• Any Long Term Allocated Capacity for which a CNA is not submitted will be returned to the Shipping Stem and made available as Short Term Capacity.

• A Customer must submit a CNA under Part C clause 3.1 for use of its Long Term Allocated capacity by 7 Business Days prior to the opening of the Shipping Stem in respect of Short Term Capacity.

• GrainCorp will open the Shipping Stem in respect of Long Term Capacity at least two (2) weeks prior to the date on which it opens the Shipping Stem in respect of Short Term Capacity.

• Whether the CNA relates to Long Term Capacity or Short Term Capacity.

More Definitions of Short Term Capacity

Short Term Capacity means the short term capacity referred to in the Local Network Capacity Reservation Service.

Short Term Capacity has the meaning given in the Port Loading Protocols. Shrinkage means loss in the normal storage and handling process, including loss of mass through changes in moisture content, loss in handling, and Waste. Shrinkage does not include Grain lost as Dust.

Short Term Capacity meansmeans Short Term Entry Capacity and/or Short Term Exit Capacity, and/or Monthly South- North CSEP Offtake Capacity, Daily South-North CSEP Offtake Capacity, as the case may be;

Short Term Capacity means any combination of Standard Capacity Products that can be acquired during the annual monthly, rolling monthly and rolling daily auctions as well as Within-day as defined in article 4.6 to article 4.9.