Specified Volumes definition

Specified Volumes shall have the meaning provided in the definition of Acceptable Commodity Hedge Agreements.
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Specified Volumes shall have the meaning provided in Section ----------------- 2.2(a) of this Agreement.
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Specified Volumes means, with respect to any applicable period described in Section 9.18, 50% of the reasonably anticipated Hydrocarbon production in respect of crude oil from the Credit Parties’ total Proved Developed Producing Reserves (as forecast based upon the applicable Reserve Report described in Section 9.18).
Sample 1

Examples of Specified Volumes in a sentence

  • Products [*], (ii) certain Specified Volumes as provided in Section 2.2(d) below or (iii) to purchase Materials as provided in Section 8.1(e) below (the "Binding Primary Commitment").

  • Except as provided in Section 2.2(d) with respect to Specified Volumes for which no POs have been issued, Primary Products for the production of Secondary/Steriles Products shall be invoiced to GWI only at the time such Secondary/Sterile Products into which such Primary Products have been incorporated are shipped.

  • With respect to each Binding Primary Commitment, GWI shall specify what volumes are to be purchased pursuant to POs delivered during the period covered thereby (the "Specified Volumes") and what volumes are to be transferred into Primary Inventory.

  • Supplier shall, from time to time upon GWI's reasonable request, execute such documents as are necessary to evidence GWI's ownership of Specified Volumes purchased by GWI and held by Supplier in Primary Inventory and to prevent such Specified Volumes from becoming subject to Liens of Supplier's lenders.

  • It will be entirely the Tenderer’s responsibility to take required steps to adequately safeguard the personnel engaged by him and to ensure that the work is carried out in such a manner that maximum safety to the personnel and for the Equipment operated by them is assured.

  • Other Specified Volumes: The number of units collected by Contractor from other utilities pursuant to Comparable Programs for any applicable year.

  • Units collected from Edison's customers or paid for by Edison and units collected from DWP's customers or paid for by DWP and Other Specified Volumes shall all be counted toward the Combined Volume and as units collected on Exhibit A within the pricing column determined in subsection 9.3.2, above, applicable for said year.

Related to Specified Volumes

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in Section 3.1(e).

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Runoff volume means the volume of water that runs off the land development project from a prescribed storm event.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Volume Commitment means the agreed upon Customer commitment to purchase, and may be described as an Annual Volume Commitment, Total Volume Commitment, Tiered Volume Commitment, or Subminimum Volume Commitment.

  • Net Sales Price means the gross billing price of any PRODUCT received by Licensee or its SUBLICENSEE for the sale or distribution of any PRODUCT, less the following amounts actually paid by Licensee or SUBLICENSEE:

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Net metering customer means a customer of the electric distribution company

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.

  • Priced Schedule of Quantities means the schedule of quantities duly priced with the accepted quoted rates of the contractor.

  • Receipt Point(s means the receipt points set forth in Section 6 of this Toll Schedule.