Daily Volumes Clause Samples
The 'Daily Volumes' clause defines the specific quantity or range of goods, services, or transactions that are to be delivered, processed, or performed each day under the agreement. It typically sets minimum and/or maximum daily thresholds, and may outline procedures for reporting, monitoring, or adjusting these volumes based on operational needs or market conditions. This clause ensures both parties have clear expectations regarding daily commitments, helping to manage supply, demand, and resource allocation efficiently while reducing the risk of disputes over performance obligations.
Daily Volumes. Each Business Day the Company shall provide to ▇▇▇▇, by no later than 1:00 pm CPT meter tickets and/or meter readings, and tank gauge readings confirming the Measured Crude Quantity for each Crude Storage Tank for all Delivery Dates since the prior Business Day.
Daily Volumes. On each Business Day each applicable Refinery Company shall use its reasonable efforts to (and DKTS shall use its reasonable efforts to cause each such applicable Refinery Company and the applicable third-party operator to) provide to Citi, by no later than 12:00 p.m., CPT (or such earliest time as practicable in the event that the Refinery Company has not yet received an inventory report from the applicable operator), an inventory report in the form set forth on Schedule F confirming (i) the Crude Oil volume that equals the sum of the aggregate volume of Crude Oil held in the Crude Storage Tanks and the Included Crude Pipelines, in each case, at the end of the immediately preceding Delivery Date and (ii) for each Product, the Product volume that equals the sum of the aggregate volume of Product held in the Product Storage Tanks and the Included Product Pipelines, in each case, at the end of the immediately preceding Delivery Date. In the event that inventory reports from third-party operators are frequently received after 12:00 p.m., CPT, DKTS shall consult with Citi as to potential mechanism to have such reports provided in a timely manner.
Daily Volumes. For each Delivery Date, the Company shall provide to ▇▇▇▇, by no later than 1:00 pm CPT on the next Business Day (except (i) in the case of Friday and Saturday, then by the following Monday and (ii) in the case of Sunday and Monday, then by the following Tuesday), meter tickets or tank gauge readings confirming the Measured Feedstock Quantity for each Crude Storage Tank for that Delivery Date.
Daily Volumes. Each Business Day the Company shall provide to ▇▇▇▇, by no later than 7:00 pm HST meter tickets and/or meter readings, and tank gauge readings confirming the Measured Crude Quantity for each Included Crude Tank for all Delivery Dates since the prior Business Day. If the Company determines that any meter tickets and/or meter readings and tank gauge readings provided pursuant to this Section 6.1 are inaccurate, the Company will provide to ▇▇▇▇ such corrected meter tickets and/or meter readings and tank gauge readings by no later than 7:00 p.m., HST on the first (1st) Business Day following the date on which such determination is made.
Daily Volumes. 4.1 The maximum volume of gas the Company is required to receive from the Customer in any day is the Maximum Daily Delivery Volume and in any hour is one-twentieth of the Maximum Daily Delivery Volume.
4.2 The maximum volume of gas the Company is required to deliver to the Customer in any Day at a single Point of Delivery shall be the sum of the Primary Rate Contract Demand and the Secondary Rate Contract Demand plus any other Contract Demand if applicable.
4.3 The maximum volume of gas the Company is required to deliver to the Customer in any one hour period of time at a single Point of Delivery shall be the sum of the Primary Rate Hourly Demand and the Secondary Rate Hourly Demand plus any other Hourly Demand if applicable.
4.4 The volume of gas (the "Day's Delivered Volume") delivered by or on behalf of the Customer to or for the account of the Company on any day in the Term under any one or more agreements relating to the Terminal Location shall be deemed to be delivered
(a) for transportation pursuant to this Agreement to the extent of the lesser of the Day's delivered Volume and the Maximum Daily Delivery Volume and
(b) in connection with the reduction or elimination of any remaining net debit balance in the Banked Gas Account of the Customer arising in a period prior to the beginning of the then current Contract Year but only to the extent of the lesser of (i) any excess of the Day's delivered Volume over the Maximum Daily Delivery Volume and (ii) the volume of gas which the Company has agreed to take delivery of on such day for such purposes.
4.5 If on any day a volume of gas is delivered by or on behalf of the Customer to or for the account of the Company other than to the Point of Acceptance specified in the Nomination applicable to such day and the volume to be delivered to such Point of Acceptance on such day, the Customer shall pay to the Company the amount of any costs including, without limitation penalty charges incurred by the Company in connection with taking delivery of, or the transportation of, gas which are in excess of the costs the Company would have incurred in connection with taking delivery of, or the transportation of, gas if gas has been delivered as contemplated in the Nomination. For the purposes of this section, the Nomination applicable to a particular day is the last Nomination or revised Nomination applicable to such day which is received by the Company prior to 1100 hours EST on the first Business Day preceding the parti...
Daily Volumes. Each Business Day, the Company shall provide to ▇▇▇▇, by no later than 4:00 pm CT meter readings as contemplated by Schedule W-1 and tank gauge readings confirming (y) the Measured Feedstock Quantity for each Included Feedstock Title Location and each Included Feedstock Lien Location for all Delivery Dates since the prior Business Day and (z) the Measured Product Quantity in each Included Product Title Location and each Included Product Lien Location for each Product delivered during that Delivery Date and other such relevant information including but not limited to Product identifiers and the location of Products, aggregated on a Product Group basis; provided that, if the Company determines that any meter readings and tank gauge readings provided pursuant to this clause 15.2(c)(i) are inaccurate, the Company will provide to ▇▇▇▇ such corrected meter readings and tank gauge readings by no later than 4:00 p.m. ET on the third (3rd) Business Day following the date on which such determination is made.
Daily Volumes. Each Business Day the Company shall provide to Macquarie, by no later than 12:00 pm EST for Permitted Feedstock, meter tickets and/or meter readings, and tank gauge readings confirming the Measured Permitted Feedstock Quantity for each of the Included Permitted Feedstock Storage Tanks for all Delivery Dates since the prior Business Day.
Daily Volumes. Each Business Day the Company shall provide to Macquarie meter tickets and/or meter readings, barge inspection report(s), quality and quantity report(s), load volume report(s) and tank gauge readings confirming the Measured Permitted Feedstock Quantity for each of the Included Permitted Feedstock Locations for all Delivery Dates since the prior Business Day. The Company shall use commercially reasonable efforts to deliver such tickets, readings and other information by 10:00 a.m. CT on the relevant Business Day (as applicable) but shall in any event deliver such tickets, readings and other information by no later than 12:00 pm CT on such day or Business Day.
Daily Volumes. Each Business Day LW shall provide to Macquarie, by no later than 12:00 pm EST for Crude Oil, meter tickets and/or meter readings and tank gauge readings confirming the Measured Crude Quantity for each of the Crude Storage Tanks for all Delivery Dates since the prior Business Day.