Throughput Guarantee definition

Throughput Guarantee has the meaning specified in subsection 8.3(A). “Ton” means a short ton of 2,000 lbs.
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Throughput Guarantee means the amount of natural gas that the Customer commits to transport through the Company’s Facilities on an annual basis, whether or not any such gas is actually sent through the Facilities, all as set forth in Exhibit G to this Agreement.
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Examples of Throughput Guarantee in a sentence

  • The Customer guarantees to transport, on an annual basis, the volume of natural gas identified on Exhibit G attached to this Agreement as the “Throughput Guarantee” and to pay the Company the Throughput Transportation Rate for the Throughput Guarantee whether or not Customer actually moves that amount of natural gas through the Company’s Facilities.

  • Event Liquidated Damage Failure to achieve Diversion Guarantee $100 per ton plus AB939 penalties levied against Authority and any of its Member Agencies Failure to achieve Throughput Guarantee $100 per ton Failure to meet Vehicle Turnaround Guaranty a.

  • If at the end of any Operating Year, Contractor has not met its Operating Throughput Guarantee, then the Authority may declare the Contractor in breach of the Operating Throughput Guarantee and the provisions of Section 11.01 shall apply.

  • The Throughput Guarantee for years 6 through 10 shall be the same as in year 5.