Hourly Quantity definition

Hourly Quantity means, in respect of a particular shipper for a Gas Hour, the total quantity (across all Outlet Points in the relevant Pipeline Zone or Zones (as the case may be)) of Gas Received by the shipper from the Operator during that Gas Hour, expressed in terajoules.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Hourly Quantity has the meaning given in Section C paragraph 1.1.4(b) of the IUK Access Code;

Hourly Quantity means, with respect to each Delivery Hour during the Delivery Period, the quantity (in MWh) of Base Energy set forth on Exhibit A-1 for the Month in which such Delivery Hour occurs (as such Exhibit A-1 may be updated from time to time in accordance with Section 6.2).

Examples of Hourly Quantity in a sentence

For each Delivery Period, Seller and Buyer shall utilize the DART/Financial Schedules tool within the MISO Market Portal to manage contracts and schedules for the Hourly Quantity.
The tariff in relation to Demand DPs (Tariff D) is based on Maximum Hourly Quantity (MHQ).
Maximum Hourly Quantity ("MHQ") shall mean the maximum MMBtu Company is obligated to receive or deliver in any single hour.
OVERRUN‌ Every day, for each Hourly Delivery Capacity specified in Appendix 2 to the Contract, the difference, if it is positive, between - The maximum value of the hourly average of the Hourly Quantity Delivered during four (4) consecutive hours on the relevant Day, and - The corresponding Hourly Delivery Capacity shall constitute an Hourly Capacity Overrun.
The Trustee’s certificate of authentication required by this article shall be in substantially the form set forth below: “This is one of the Securities of the series designated therein referred to in the within-mentioned Indenture.

More Definitions of Hourly Quantity

Hourly Quantity has the meaning given in Section C paragraph 1.1.4 of the Interconnector Access Code;

Hourly Quantity means in respect of an IUK Nomination or IUK Renomination, the quantity of natural gas for a particular hour of a particular Gas Day as specified in such IUK Nomination or IUK Renomination;

Hourly Quantity means the Seller’s Delivered Facility Output hourly expected forecast matrix for the Facility in megawatt-hours per hour for each month (Exhibit Q) with the Expected Capacity as stated in Exhibit A.

Hourly Quantity or “Qh” means, for any particular hour in a Settlement Period, h, the quantity of energy upon which the Contract Weight is established, as set forth in the Model Output Data.

Hourly Quantity means in respect of an IUKInterconnector Nomination or IUKInterconnector Renomination, the quantity of natural gas for a particular hour of a particular Gas Day as specified in such IUKInterconnector Nomination or IUKInterconnector Renomination;

Hourly Quantity or “ Qh” means, for any particular hour in a Settlement Period, h, the quantity of energy upon which the Contract Weight is established, as set forth in the Model Output Data. The sum of the Hourly Quantities for all hours in a Settlement Period equals the CRQ for that Settlement Period;

Hourly Quantity means a Nomination Quantity (expressed as an hourly quantity) for an hour in the Gas Day;

Filter & Search

Related Definitions