Common use of Purchase Quantity Clause in Contracts

Purchase Quantity. For purposes of calculating annual rates, the “Purchase Quantity” means the average of the water delivered and metered at Purchaser’s Point of Delivery from Portland from the previous five (5) years. The Purchase Quantity divided by the number of days in the year (365 in a non-leap year or 366 days in a leap year) is Purchaser’s Average Daily Demand for purposes of calculating rates. (a) Exclusions. Purchaser’s metered water deliveries will be adjusted so as not to reflect: (i) emergency water delivered, and (ii) water delivered to Purchaser for the purposes of Wheeling to Portland Retail Customers or other Wholesale Customers pursuant to Section 9. Such exclusions will apply to all water demands for the purposes of determining Purchase Quantities as defined in this Section, including all measures of peak demand. (b) For purposes of this section, Purchaser’s “Actual Average Daily Demand” means Purchaser’s actual water demand for a single Agreement Year, divided by number of days in the year (365 in a non-leap year or 366 days in a leap year).