Monthly Volume definition

Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.
Monthly Volume means the Committed Volume multiplied by the number of days in the relevant month (or partial month).
Monthly Volume means, for any Term Shipper in respect of a Month, the product of the Contract Volume for that Term Shipper and the number of days in that Month.

Examples of Monthly Volume in a sentence

  • Shipper’s Monthly Revenue Commitment for any Month shall be the product obtained by multiplying the applicable Fixed Toll times the Monthly Volume, subject to any MRC Adjustment described in Part E below.

  • Shipper shall use reasonable efforts to provide Carrier with a minimum of one Month Notice of any planned reduction of volume to be Tendered for any Month where the Shipper reasonably anticipates that the reduction will be in excess of 10% of the Monthly Volume.

  • In any Month that Xxxxxxx’s Allocated Volume exceeds its Monthly Volume in accordance with the Tariff, not including any Make-Up Volumes pursuant to ARTICLE 8 (such excess volume being the “Excess Volume”), Shipper shall pay to Carrier on the Payment Due Date an amount equal to the product obtained by multiplying the Uncommitted Toll by the Excess Volume.

  • In no event will Shipper be considered to fail to Nominate or Tender its Monthly Volume in any Month solely due to Carrier’s batching or balancing requirements.

  • Every Month during the Contract Term, Shipper shall pay a “Monthly Revenue Commitment” in respect of its Monthly Volume.


More Definitions of Monthly Volume

Monthly Volume in respect of a customer for a Billing Period means the volume of gas (expressed in cubic metres) delivered by the Gas Distributor to such customer during such Billing Period;
Monthly Volume means, in respect of a Contract Shipper, the product of the Contracted Volumes multiplied by the number of days in the relevant month;
Monthly Volume means the product of the Contract Volume times the number of Days in the applicable Month.
Monthly Volume has the meaning given in the Rules and Regulations.
Monthly Volume means, for any Firm Service Shipper in respect of a Month, the product of the Contract Volume for such Firm Service Shipper and the number of days in that Month.
Monthly Volume means, for a Month, the Contract Volume multiplied by the number of days in that Month;
Monthly Volume means, for a Month, the Contract Volume for that Month, multiplied by the number of days in that Month;