Examples of Capacity Reservation in a sentence
The Developer acknowledges and agrees that the Capacity Reservation provided by this Agreement runs with the land and shall be an appurtenance to the Tract.
In no event will the System be responsible to third-parties for providing wastewater services capacity beyond the total Capacity Reservation identified in this Agreement for the Tract.
Capacity Reservation for individual EDUs shall expire upon the earlier of (1) the time a retail customer connection is set and in service at which point the EDUs associated with that connection convert to active service and the EDUs are deducted from the overall Capacity Reservation for the Tract; or (2) five years from the Effective Date.
Where a User has more than one Outlet Point, the Capacity Reservation Charge and the Throughput Charge will be calculated using the distance between the Inlet Point and each Outlet Point and the MDQ for the corresponding Outlet Point.
CapRes is the Capacity Reservation Tariff multiplied by distance.