Annual Contract Quantity definition

Annual Contract Quantity. (ACQ) means the greatest quantity of gas that can be delivered for transportation on the customer's behalf for any given year as specified in the contract. The contracted ACQ shall be adjusted based on the customer's highest consecutive 12-month usage determined from the latest 36 months of data except that the ACQ may be adjusted, at the Company's sole discretion, for known or expected changes, or special operating conditions. The Company will conduct a review of the customer's ACQ once each 5-year period and may adjust the ACQ value based on the highest consecutive 12-month usage determined from the latest 36 months of data as adjusted. The Company may review and adjust a customer's ACQ if the customer requests a change to their gas transportation agreement.

Annual Contract Quantity. (ACQ) means a quantity of gas, as specified in the transportation contract between the customer and the Company, that is based on the customer's maximum historical 12-month usage (determined from the customer's 36-month base period) plus adjustments for known or expected changes.

Annual Contract Quantity or “ACQ” for each Annual Year shall be equal to the aggregate of the DCQ in effect for each Day of the Annual Year.

Examples of Annual Contract Quantity in a sentence

• This represents the energy associated with the Annual Contract Quantity Commitment of RECs specified in the contract and the difference between the Contract Price and the Imputed REC Price.

• This represents the Annual Contract Quantity Commitment of RECs specified in the contract and the imputed REC price.

• GENERAL PROVISIONS AND DEFINITIONS E15.1 Definitions Annual Contract Quantity or ACQ means the maximum quantity of natural gas Customer is entitled to nominate for transportation and that Company is obligated to transport for Customer, subject to the terms and conditions of this Rate Book, during a term consisting of the lesser of the contract term or one year.Business Day is Monday through Friday, excluding Company holidays.

• WE ARE NOT LIABLE FOR ANY LOSS, DAMAGE (INCLUDING INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES) OR EXPENSE CAUSED DIRECTLY OR INDIRECTLY BY THE EQUIPMENT.

• Without aiming to achieve the impossible, throughout the project the attempt was made to understand bet- ter how positive change may be brought about, change that opens up space for profitable reflections, analyzing differences, and rethinking the imbal- ances that endanger the very concept of humanity in the constant quest for capital, status, visibility, and reputation.

More Definitions of Annual Contract Quantity

Annual Contract Quantity means, for each Contract Year, the number of MWh set forth on Appendix C.

Annual Contract Quantity means, for the particular Billing Year, the pre-weather adjusted estimated amount of expected Output (in kWh) for the System as set forth in the “Annual Contract Quantity” column on Schedule 6.

Annual Contract Quantity means, for the particular Billing Year, the amount of expected Output (in kWh) set forth on Schedule 6 (Annual Contract Quantity).

Annual Contract Quantity or “ACQ” means the quantity agreed between the Service Provider and the User as the maximum quantity of gas which the Service Provider agrees to receive, transport and deliver each Contract Year.

Annual Contract Quantity or “ACQ” has the meaning set out in Article 6.1.

Annual Contract Quantity or “ACQ" has the meaning ascribed to it in Clause 5.03 of this Agreement;

Annual Contract Quantity or “ACQ” means the total sum of all DCQ for a Contract Year.