Minimum Three Contract Year Energy Quantity definition

Minimum Three Contract Year Energy Quantity means, for any Contract Year, seventy- five percent (75%) of the Annual Guaranteed Energy Quantity for such Contract Year.
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Examples of Minimum Three Contract Year Energy Quantity in a sentence

  • Seller acknowledges and agrees that the amount of the Annual Guaranteed Energy Quantity, Minimum Two Consecutive Contract Year Energy Quantity and Minimum Three Contract Year Energy Quantity shall not act as a cap on or otherwise affect Seller’s estimation of the amount of forecasted Delivered Energy at any time.

  • Seller acknowledges and agrees that the amount of Annual Guaranteed Energy Quantity, Minimum Two Consecutive Contract Year Energy Quantity and Minimum Three Contract Year Energy Quantity shall not act as a cap on or otherwise affect Seller’s estimation of the amount of forecasted Delivered Energy at any time.

Related to Minimum Three Contract Year Energy Quantity

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Energy year or "EY" means the 12-month period from June 1st

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Gas Year means the period of 365 or 366 Gas Days, as the case may be, beginning at October 1st at 06:00 hours (Belgian time) and ending at October 1st 06:00 hours (Belgian time) of the next year.