Excess Volume Clause Samples

The Excess Volume clause defines the terms and conditions that apply when a party exceeds an agreed-upon volume threshold in a contract, such as purchasing or supplying more goods or services than originally specified. Typically, this clause outlines how excess quantities will be priced—often at a different rate—or whether the supplier is obligated to fulfill the additional volume. For example, if a buyer orders more units than the contract minimum, the clause may specify a premium price for the extra units or limit the supplier’s obligation to provide them. Its core function is to manage expectations and responsibilities regarding overages, thereby preventing disputes and ensuring both parties understand the financial and operational implications of exceeding contractual volumes.
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Excess Volume. In any Month that ▇▇▇▇▇▇▇’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.
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Excess Volume. In addition to the fees payable under paragraphs (1) and (2), if an owner or occupant of a property in the Borough requires the collection and disposal of col- lectible municipal waste generated on that property in excess of the maximum amount which the Contractor is required to collect from that property under the terms of its contract with the Bor- ough without the payment of an additional fee to the Contractor, then the owner or occupant shall make advance arrangements with the Executive Secretary for the collection of such excess, and shall pay the Borough, in advance, an amount equal to the amount which the Borough must pay the Contractor for the collection of such excess.
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Excess Volume. CRNF is hereby granted the option to purchase the Excess Volume from CRRM, if available for purchase. (A) By the 20th day of each Month, the CRNF Representative will provide to the CRRM Representative a forecast of the amount of Excess Volume CRNF wishes to purchase and receive for the subsequent Month. (B) If CRRM can provide the Excess Volume as detailed in the forecast, then the forecast will be considered a final nomination by CRNF for the applicable Month. (C) If CRRM cannot provide the Excess Volume as detailed in the forecast, then the Representatives will work to adjust the Excess Volume forecast numbers for the applicable Month and agree to the final nomination volume by CRNF for the applicable Month. (D) If any portion of Excess Volume is anticipated to change during the course of the applicable Month after the nomination has been finalized (subject to Sections 2.2 and 4.2(a) and Section 5 of this Exhibit B), the Parties will provide notice to the other as soon as reasonably possible (and in any event within 24 hours) in the event of such changes and the nomination will be adjusted accordingly without penalty to either Party.
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Excess Volume a right to terminate for Excess Volumes arises in accordance with clause 8.1.2.2(a).
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Excess Volume. Fertilizer Company is hereby granted the option to purchase the Excess Volume from Refinery Company, if available for purchase. i. By the 20th day of each Month, Fertilizer Company Representative will provide to Refinery Company Representative a forecast of the amount of Excess Volume Fertilizer Company wishes to purchase and receive for the subsequent Month. ii. If the Refinery Company can provide the Excess Volume as detailed in the forecast, then the forecast will be considered a final nomination by the Fertilizer Company for the applicable Month. iii. If the Refinery Company cannot provide the Excess Volume as detailed in the forecast, the Parties’ Representative will work to adjust the Excess Volume forecast numbers for the applicable Month and agree to the final nomination volume by Fertilizer Company for the applicable Month. iv. If any portion of Excess Volume is anticipated to change during the course of the applicable Month after the nomination has been finalized (subject to Article 2.2, 10.2(a) and 13), the Parties will provide notice to the other as soon as reasonably possible (and in any event within 24 hours) in the event of such changes and the nomination will be adjusted accordingly without penalty to either Party.
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Excess Volume 
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Related to Excess Volume

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

  • Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.

  • Excess Sales If the number or amount of Contract Securities attributable to an Underwriter pursuant to Section 4.1 hereof would exceed such Underwriter’s Original Underwriting Obligation reduced by the number or amount of Underwriters’ Securities sold by or on behalf of such Underwriter, such excess will not be attributed to such Underwriter, and such Underwriter will be regarded as having acted only as a Dealer with respect to, and will receive only the concession to Dealers on, such excess.

  • Excess Usage If during a Billing Period, In Energy is greater than zero (0), then Excess Usage for that Billing Period will be calculated. If Excess Usage is greater than zero (0), then for the Facility and any secondary account at the conclusion of that Billing Period: (i) kilowatt-hour usage will equal the value of Excess Usage and (ii) Unused Credits are equal to zero (0). If Excess Usage is equal to zero (0), then for the Facility and secondary accounts at the conclusion of that Billing Period: (i) kilowatt-hour usage is equal to zero (0) and (ii) Unused Credits are reduced by the value of In Energy, determined for that Billing Period, and that reduced value, in accordance with paragraph (C) Unused Credits of this Article IV, will remain for possible future application.

  • Maximum Charges In no event whatsoever shall interest and other charges charged hereunder exceed the highest rate permissible under law. In the event interest and other charges as computed hereunder would otherwise exceed the highest rate permitted under law, such excess amount shall be first applied to any unpaid principal balance owed by Borrowers, and if the then remaining excess amount is greater than the previously unpaid principal balance, Lenders shall promptly refund such excess amount to Borrowers and the provisions hereof shall be deemed amended to provide for such permissible rate.