Subminimum Volume Commitment definition

Subminimum Volume Commitment means a Service-specific commitment to pay an agreed amount of Eligible Charges in each Contract Year.
Subminimum Volume Commitment means a Service specific Volume Commitment.
Subminimum Volume Commitment means a Service-specific commitment to pay an agreed amount of Eligible Charges or Contributing Charges, whichever is applicable, in each Contract Year.

Related to Subminimum Volume Commitment

  • 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.

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • 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.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • 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.