Common use of Annual Contracted Quantity Clause in Contracts

Annual Contracted Quantity. 5.1.1 The quantity of the Contracted Grade of Coal agreed to be supplied at the Delivery Point by the Seller to the Purchaser and undertaken to be purchased by the Purchaser from the Seller at the Delivery Point per Year shall be as provided in Annexure III (“Annual Contracted Quantity”). For part of a Year, the Annual Contracted Quantity shall be pro-rated accordingly. The Annual Contracted Quantity shall be supplied from the Effective Date for Supply as per the provisions of this Clause 5 and Clause 8. 5.1.2 Verification of Coal Requirement: [Delete is not applicable] 5.1.2.1. The Seller / CIL (acting on behalf of the Seller as its duly authorized representative) reserves the right to get the Coal Requirement of the Purchaser verified by the Central Institute of Mining & Fuel Research or any other agency that may be nominated by CIL (“Final Verification Agency”), within 180 (one hundred eighty) days of execution of the Agreement. In case the Purchaser, along with this Agreement, has also entered into other fuel supply agreement(s) with other subsidiary(ies) of CIL (apart from the Seller) for the supply of Coal pursuant to the Scheme Document, then the period of 180 (one hundred eighty) days mentioned above shall commence from the date of execution of this Agreement or such other fuel supply agreement(s), whichever is earlier. 5.1.2.2. In case the Coal Requirement verified by the Final Verification Agency in terms of Clause 5 above is less than the Coal Requirement based on which the Purchaser has been allotted the Annual Contracted Quantity in terms of the Scheme Document, then the Annual Contracted Quantity shall be revised / adjusted in accordance with clause 3.5.2(k) of the Scheme Document, as applicable. 5.1.2.3. The aforesaid revision / adjustment in the Annual Contracted Quantity shall be given effect to during the residual period of the initial 2 (two) years from the date of execution of the Agreement, in accordance with the following illustration and the revised Annual Contracted Quantity will be supplied during the balance term of the Agreement.

Annual Contracted Quantity. 5.1.1 5.1.1. The quantity of the Contracted Grade of Coal agreed to be supplied at the Delivery Point by the Seller to the Purchaser and undertaken to be purchased by the Purchaser from the Seller at the Delivery Point shall be [insert figures] ([insert in words]) lakh tonnes per Year shall be as provided in Annexure III (“Annual Contracted Quantity”). For part of a Year, the Annual Contracted Quantity shall be pro-rated accordingly. The Annual Contracted Quantity shall be supplied from the Effective Date for Supply as per the provisions of this Clause 5 and Clause 8. 5.1.2 Verification of Coal Requirement: [Delete is not applicable] 5.1.2.15.1.2. The Seller / CIL (acting on behalf of the Seller as its duly authorized representative) reserves the right to get the Coal Requirement of the Purchaser verified by the Central Institute of Mining & Fuel Research or any other agency that may be nominated by CIL (“Final Verification Agency”), within 180 (one hundred eighty) days of execution of the Agreement. Agreement.‌ In case the Purchaser, along with this Agreement, has also entered into other fuel supply agreement(s) with other subsidiary(ies) of CIL (apart from the Seller) for the supply of Coal pursuant to the Scheme Document, then the period of 180 (one hundred eighty) days mentioned above shall commence from the date of execution of this Agreement or such other fuel supply agreement(s), whichever is earlier. 5.1.2.25.1.3. In case the Coal Requirement verified by the Final Verification Agency in terms of Clause 5 5.1.2 above is less than the Coal Requirement based on which the Purchaser has been allotted the Annual Contracted Quantity in terms of the Scheme Document, then the Annual Contracted Quantity shall be revised / adjusted in accordance with clause 3.5.2(k) of the Scheme Document, as applicable. 5.1.2.35.1.4. The aforesaid revision / adjustment in the Annual Contracted Quantity shall be given effect to during the residual period of the initial 2 (two) years from the date of execution of the Agreement, in accordance with the following illustration and the revised Annual Contracted Quantity will be supplied during the balance term of the Agreement.

Annual Contracted Quantity. 5.1.1 The quantity of the Contracted Grade of Coal agreed to be supplied at the Delivery Point by the Seller to the Purchaser and undertaken to be purchased by the Purchaser from the Seller at the Delivery Point per Year shall be as provided in Annexure III (“Annual Contracted Quantity”). For part of a Year, the Annual Contracted Quantity shall be pro-rated accordingly. The Annual Contracted Quantity shall be supplied from the Effective Date for Supply as per the provisions of this Clause 5 and Clause 8. 5.1.2 Verification of Coal Requirement: [Delete is not applicable] 5.1.2.1. The Seller / CIL (acting on behalf of the Seller as its duly authorized representative) reserves the right to get the Coal Requirement of the Purchaser verified by the Central Institute of Mining & Fuel Research or any other agency that may be nominated by CIL (“Final Verification Agency”), within 180 (one hundred eighty) days of execution of the Agreement. In case the Purchaser, along with this Agreement, has also entered into other fuel supply agreement(s) with other subsidiary(ies) of CIL (apart from the Seller) for the supply of Coal pursuant to the Scheme Document, then the period of 180 (one hundred eighty) days mentioned above shall commence from the date of execution of this Agreement or such other fuel supply agreement(s), whichever is earlier. 5.1.2.2. In case the Coal Requirement verified by the Final Verification Agency in terms of Clause 5 above is less than the Coal Requirement based on which the Purchaser has been allotted the Annual Contracted Quantity in terms of the Scheme Document, then the Annual Contracted Quantity shall be revised / adjusted in accordance with clause 3.5.2(k) of the Scheme Document, as applicable. 5.1.2.3. The aforesaid revision / adjustment in the Annual Contracted Quantity shall be given effect to during the residual period of the initial 2 (two) years from the date of execution of the Agreement, or from Effective Date of Supply for ‘Production of syn gas leading to coal gasification’ subsector, as the case may be, in accordance with the following illustration and the revised Annual Contracted Quantity will be supplied during the balance term of the Agreement.

Annual Contracted Quantity. 5.1.1 The quantity of the Contracted Grade of Coal agreed to be supplied at the Delivery Point by the Seller to the Purchaser and undertaken to be purchased by the Purchaser from the Seller at the Delivery Point per Year shall be as provided in Annexure III (“Annual Contracted Quantity”). For part of a Year, the Annual Contracted Quantity shall be pro-rated accordingly. The Annual Contracted Quantity shall be supplied from the Effective Date for Supply as per the provisions of this Clause 5 and Clause 8. 5.1.2 Verification of Coal RequirementRequirement and adjustment of ACQ, with respect to bid quantity, under FSA: [Delete is not applicable]The CIL/Coal company/Auction service provider, as the case may be, reserves the right to reduce/adjust the Bid quantity/ACQ for FSA on the basis of EUP/Bidder specific documents submitted by the successful bidder covering capacity of the plants/requirement of coal quantum for the purpose of signing of FSA. In such case of post bidding adjustment/reduction, the quantity to be fixed in multiple of Transport factor of 100 TPA irrespective of Rail/Road mode. Such post bidding adjustment/reduction of bid quantity/ACQ shall be binding in nature. Further adjustment of quantity may also take place post assessment by the Final Verification Agency. 5.1.2.1. The Seller / CIL (acting on behalf of the Seller as its duly authorized representative) reserves the right to get the Coal Requirement of the Purchaser Purchaser(linked EUP(s)) verified by the Central Institute of Mining & Fuel Research or any other agency that may be nominated by CIL (“Final Verification Agency”), within 180 (one hundred eighty) days of execution of the Agreement. In case the Purchaser, along with this Agreement, has also entered into other fuel supply agreement(s) with other subsidiary(ies) of CIL (apart from the Seller) for the supply of Coal pursuant to the Scheme Document, then the period of 180 (one hundred eighty) days mentioned above shall commence from the date of execution of this Agreement or such other fuel supply agreement(s), whichever is earlier. 5.1.2.2. In case the Coal Requirement verified by the Final Verification Agency in terms of Clause 5 above is less than the Coal Requirement based on which the Purchaser has been allotted the Annual Contracted Quantity in terms of the Scheme Document, then the Annual Contracted Quantity shall be revised / adjusted in accordance with clause 3.5.2(k) of the Scheme Document, as applicable. However, 100 TPA shall be considered as Transport Factor for both Rail/Road mode, for such adjustment of ACQ. 5.1.2.3. The aforesaid revision / adjustment in the Annual Contracted Quantity shall be given effect to during the residual period of the initial 2 (two) years from the date of execution of the Agreement, or from Effective Date of Supply for ‘Production of syn gas leading to coal gasification’ subsector, as the case may be, in accordance with the following illustration and the revised Annual Contracted Quantity will be supplied during the balance term of the Agreement.

Annual Contracted Quantity. 5.1.1 5.1.1. The quantity of the Contracted Grade of Coal agreed to be supplied at the Delivery Point by the Seller to the Purchaser and undertaken to be purchased by the Purchaser from the Seller at the Delivery Point shall be [insert figures] ([insert in words]) lakh tonnes per Year shall be as provided in Annexure III (“Annual ―Annual Contracted Quantity”Quantity‖). For part of a Year, the Annual Contracted Quantity shall be pro-rated accordingly. The Annual Contracted Quantity shall be supplied from the Effective Date for Supply as per the provisions of this Clause 5 and Clause 8. 5.1.2 Verification of Coal Requirement: [Delete is not applicable] 5.1.2.15.1.2. The Seller / CIL (acting on behalf of the Seller as its duly authorized representative) reserves the right to get the Coal Requirement of the Purchaser verified by the Central Institute of Mining & Fuel Research or any other agency that may be nominated by CIL (“Final Verification Agency”), within 180 (one hundred eighty) days of from the execution of the Agreement. In Provided that, in case the Purchaser, along with this Agreement, has also entered into other fuel supply agreement(s) with other subsidiary(ies) of CIL (apart from the Seller) for the supply of Coal pursuant to the Scheme Document, then the period of 180 (one hundred eighty) days mentioned above shall commence from the date of execution of this Agreement or such other fuel supply agreement(s), whichever is earlier. 5.1.2.25.1.3. In case the Coal Requirement verified by the Final Verification Agency in terms of Clause 5 above 5.1.2above, is less than than, the Coal Requirement based on which the Purchaser has been allotted the Annual Contracted Quantity in terms of the Scheme Document, then the Annual Contracted Quantity shall be revised / adjusted in accordance with clause 3.5.2(k) of the Scheme Document, as applicable. 5.1.2.35.1.4. The aforesaid revision / adjustment in the Annual Contracted Quantity shall be given effect to during the residual period of the initial 2 (two) years from the date of execution of the Agreement, in accordance with the following illustration and the revised Annual Contracted Quantity will be supplied during the balance term of the Agreement.