TDCQ definition

TDCQ or “Total Daily Contract Quantity” for any period, means the sum of each Daily Contract Quantity of Product set out in Exhibit “A” for that period, to be delivered for all Injection Projects.

Examples of TDCQ in a sentence

  • Subsequent to the execution of this Contract, Seller shall make a reasonable good faith effort to anticipate Product availability to meet the TDCQ, and shall not knowingly utilize, sell or contract to deliver volumes of Product to third parties so as to occasion Seller to not be able to Tender for Delivery the TDCQ.

  • If at any time, or from time to time, Seller should suffer an inability to deliver the entire TDCQ and the daily contract quantity of other parties, Buyer shall be entitled as its sole and exclusive remedy to receive its share of Seller’s deliverability based on the ratio that the TDCQ bears to the daily contract quantities of all parties.

  • Seller shall have the right at any time, with 60 Days advance written notice to Buyer, to lower the OMTCQ by the OMTCQ volume not then elected by Buyer in accordance with Section 3.1. Should Seller so notify Buyer of its intention to lower the OMTCQ, Buyer may, during such 60-Day period, add Injection Projects and/or increase the DCQ(s), TDCQ, TYQ and TCQ, respectively, in accordance with Section 3.1.