ANNUAL CAPACITY Clause Samples

The Annual Capacity clause defines the maximum amount of goods or services that a party is obligated or permitted to provide within a one-year period under the contract. This clause typically specifies a numerical limit, such as a set number of units or a volume threshold, and may outline procedures for adjusting capacity or handling excess demand. Its core practical function is to set clear expectations and boundaries for annual production or delivery, thereby preventing overcommitment and ensuring both parties can plan resources and operations effectively.
ANNUAL CAPACITY. In order to provide the Shipper with a guarantee as to the availability of Daily Exit and Entry Capacity corresponding to the injection and withdrawal capacity it holds for a storage group, GRTgaz will automatically allocate the annual Firm Entry and Exit Capacity at the Transport Storage Interface Points to the Shipper, within the limits of the Network’s capacity, on the basis of the storage capacity allocated to it by the Storage Operator(s). The annual Firm Entry (respectively Exit) Capacity at Transport Storage Interface Points corresponds to the maximum withdrawal (respectively injection) flows determined by the Storage Operator(s) on the basis of the nominal and conditional capacity allocated and the change profile of the capacity on the basis of the storage group’s stock levels. When the capacity marketed for the Shipper at the North-Atlantic and South-Atlantic Transport Storage Interface Points is partly interruptible, all Capacity Allocated at the North-Atlantic and South-Atlantic Transport Storage Interface Points is partly firm and partly interruptible in proportion to the total marketable Firm and Interruptible Capacity at these points. Each Daily Entry Capacity and Daily Exit Capacity at a Transport Storage Interface Point specified in Appendix 2 to the Contract can be amended by GRTgaz on the basis of information provided by the Storage Operator(s).
ANNUAL CAPACITY. In order to guarantee the Shipper available Daily Exit and Entry Capacity corresponding to the injection and withdrawal capacity it holds on a storage group, GRTgaz will automatically allocate the annual Firm Entry and Exit Capacity at Transport Storage Interface Points to the Shipper, within the limits of the Network’s capacity, on the basis of the storage capacity allocated to it by the Storage Operator(s). The annual Firm Entry (respectively Exit) Capacity at Transport Storage Interface Points corresponds to the maximum withdrawal (respectively injection) flows determined by the Storage Operator(s) on the basis of the nominal and conditional capacity allocated and the change profile of the capacity on the basis of the storage group’s stock levels. When the capacity marketed for the Shipper at the North-Atlantic and South-Atlantic Transport Storage Interface Points is partly interruptible, all capacity allocated at the North-Atlantic and South-Atlantic Transport Storage Interface Points is partly firm and partly interruptible in proportion to the total marketable Firm and Interruptible Capacity at these points. Each Daily Entry Capacity and each Daily Exit Capacity at a Transport Storage Interface Point specified in the Appendix 2 of the Contract can be amended by GRTgaz on the basis of information provided by the Storage Operator(s).
ANNUAL CAPACITY. Brammer shall supply quantities of Product consistent with the Forecasts and accepted Purchase Orders submitted by Customer in accordance with Section 3 below. Brammer shall have GMP Suites reserved for Dedicated Capacity as provided in Appendix C and otherwise devote the GMP Suites and the Dedicated Capacity and use the Non-Dedicated Support Capacity to perform the activities in accordance with the provisions of this Agreement and any applicable Product Addendum.
ANNUAL CAPACITY. Annual Capacities may be allocated to any Shipper which so requests, on the condition that it can justify its request with evidence of the subscription of consistent annual regasification capacity with the Dunkerque GNL terminal operator and that such capacity is available from such point. Any allocated capacity may not be challenged as a result of a new application from the Shipper All annual Capacity subscriptions are made by the Shipper with GRTgaz on one (1) or several annual bands starting on the first (1er) day of any month and (7) Working Days before the first (1er) day when the Capacity comes into effect at the latest.
ANNUAL CAPACITY. Brammer shall supply quantities of Product consistent with the Forecasts and accepted Purchase Orders submitted by Customer in accordance with Section 3 below. Brammer shall have the GMP Suite reserved for Dedicated Capacity with the ability to produce the Maximum Purchase Commitment each Calendar Year and will otherwise devote the Dedicated Capacity to perform the Services in accordance with the provisions of this Agreement and, as provided in Section 2.1(ii), any Services (as such term is defined in the DMSA) under the DMSA. Brammer will use Commercially Reasonable Efforts to accommodate increases above Maximum Purchase Commitment and Maximum Drug Product Purchase Commitment either by increasing the number of Batches produced in the Dedicated Capacity or through providing additional capacity in the Facility, for example, through use of a non-dedicated suite for downstream processing.
ANNUAL CAPACITY. Concerning storage products with a duration of more or equal to one (1) year, the annual Entry (respectively Exit) Transport Storage Interface Capacity at Transport Storage Interface Points corresponds to the maximum withdrawal (respectively injection) flows determined by the Storage Operator(s).

Related to ANNUAL CAPACITY

  • Individual Capacity The Administrative Agent and its Affiliates may make loans to, accept deposits from and generally engage in any kind of business with the Borrower and its Affiliates as though the Administrative Agent were not an Agent. With respect to the Loans made by it and all obligations owing to it, the Administrative Agent shall have the same rights and powers under this Agreement as any Lender and may exercise the same as though it were not an Agent, and the terms “Required Lenders”, “Lender” and “Lenders” shall include the Administrative Agent in its individual capacity.

  • Legal Capacity All parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is a natural person;

  • Financial Capacity (a) Taking into account the Financing Commitment, such Purchaser has, and at the Closing will have, sufficient resources to pay, in cash any and all amounts necessary for it to consummate the transactions contemplated hereby at the Closing, including payment of its Pro Rata Share of the Seller Purchase Price and the Company Purchase Price, and in the case of Purchaser A only, the Additional Company Purchase Price and the Election Purchase Price (to the extent payable hereunder) and all the fees and expenses expressly required to be paid by such Purchaser hereunder without any restrictions to transfer such funds at Closing to the Seller and the Company, as and to the extent required to be paid pursuant to, and subject to the terms of, this Agreement. The Sponsor affiliated with such Purchaser has, and at the Closing will have, sufficient resources to meet its obligations under its Commitment Letter as they become due. (b) As of the date of this Agreement, such Purchaser has delivered to the Seller a true, correct and complete copy of the Commitment Letter provided by its affiliated Sponsor, dated as of the date hereof. Such Commitment Letter has not been amended or modified, and the respective commitments contained in such Commitment Letter have not been withdrawn, terminated or rescinded. Such Commitment Letter (i) is in full force and effect, (ii) constitutes the legal, valid and binding obligation of such Purchaser and the Sponsor party thereto, and (iii) is enforceable by the Seller and the Company against such Purchaser and the Sponsor party thereto, in accordance with its terms, subject to bankruptcy, insolvency, reorganization and other Legal Requirements of general applicability relating to or affecting creditors’ rights and to general equity principles. There are no side letters or other Contracts related to the funding or investing, as applicable, of the applicable Financing Commitment other than such Commitment Letter. There are no conditions precedent to the consummation of such Financing Commitment other than those set forth in such Commitment Letter. As of the date of this Agreement, the Sponsor affiliated with such Purchaser is not subject to bankruptcy proceedings. (c) Notwithstanding anything to the contrary contained herein, in no event shall this Section 4.4 be deemed breached (and no condition set forth in Section 6.3 shall be deemed to have failed as a result of any actual or alleged breach of this Section 4.4), if (notwithstanding any actual or alleged breach), such Purchaser is willing and able to consummate its obligations at the Closing if and when it is otherwise required to do so under the terms and conditions of this Agreement.

  • ANNUAL CAPS The Directors of the Company estimate the annual caps for the continuing connected transactions in respect of the mutual provision of non-financial miscellaneous services between the Group and the Everbright Group and its associates for 2019, 2020 and 2021 as follows: 2019 2020 2021 3.0 (RMB million) 4.0 5.0 Revenue to be received by the Group for the provision of non-financial miscellaneous services to the Everbright Group and its associates Fees to be paid by the Group to the Everbright Group and its associates for their provision of non-financial miscellaneous services 69.0 86.0 100.0 When estimating the annual caps for the transactions contemplated under the Everbright Group Non-financial Miscellaneous Services Framework Agreement, the Directors have based the estimates on the historical figures in 2016, 2017 and for the six months ended June 30, 2018. In addition, the Directors have considered, among other things, the following key factors: (1) In the ordinary course of business, the Group may from time to time provide information technology and Internet services and non-financial advisory services to the Everbright Group and its associates, and the provision of such services may generate revenue. (2) According to the IT strategic plans newly formulated by the Everbright Group, it will provide higher quality information technology services to the companies within the Group. Accordingly, it is expected that there will be a growth in respect of the information technology and Internet services provided by the Everbright Group and its associates to the Group so as to improve the information technology system of the Company and the inter-connection between the information technology system of the Company and that of the Everbright Group. (3) Given the expansion of the Group’s business, the number of meetings of the Group will increase substantially and the Group may lease more venues from the Everbright Group and its associates on a more frequent basis and the Everbright Group and its associates will also provide the relevant conferencing services to the Group. (4) Prior to 2018, China Youth Travel Group Limited (中國青旅集團公司) (“China Youth Travel”) was not merged into the Everbright Group and independent third parties provided travel services to the Group. Considering the recent merger of China Youth Travel into the Everbright Group, in order to fully play the synergistic effect of various business lines among the enterprises within the Everbright Group, provided that the terms and conditions offered by China Youth Travel to the Group is on normal commercial terms or better, it is expected that China Youth Travel will assume the business of provision of travel services to the Group. At the same time, given the expansion of the Group’s business, it is expected that the costs to be incurred by the Group in relation to business travel will grow substantially. Therefore, it is expected that the fees paid by the Group to the Everbright Group and its associates in respect of the business travel services will increase substantially. In addition, in arriving at the above proposed annual caps, the Directors have also taken into account the inflation factor, and were based on the assumptions that, during the term of the Everbright Group Non-financial Miscellaneous Services Framework Agreement, there will not be any adverse change or disruption in market conditions, operation and business environment or government policies which may materially affect the businesses of the Group and those of the Everbright Group and/or its associates.

  • Agent in Individual Capacity ▇▇▇▇▇ Fargo and its Affiliates may make loans to, issue letters of credit for the account of, accept deposits from, provide Bank Products to, acquire Equity Interests in, and generally engage in any kind of banking, trust, financial advisory, underwriting, or other business with any Loan Party and its Subsidiaries and Affiliates and any other Person party to any Loan Document as though ▇▇▇▇▇ Fargo were not Agent hereunder, and, in each case, without notice to or consent of the other members of the Lender Group. The other members of the Lender Group acknowledge (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to acknowledge) that, pursuant to such activities, ▇▇▇▇▇ Fargo or its Affiliates may receive information regarding a Loan Party or its Affiliates or any other Person party to any Loan Documents that is subject to confidentiality obligations in favor of such Loan Party or such other Person and that prohibit the disclosure of such information to the Lenders (or Bank Product Providers), and the Lenders acknowledge (and by entering into a Bank Product Agreement, each Bank Product Provider shall be deemed to acknowledge) that, in such circumstances (and in the absence of a waiver of such confidentiality obligations, which waiver Agent will use its reasonable best efforts to obtain), Agent shall not be under any obligation to provide such information to them. The terms “Lender” and “Lenders” include ▇▇▇▇▇ Fargo in its individual capacity.