Scheduled Quantity (SQ Sample Clauses

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Scheduled Quantity (SQ. The monthly Scheduled Quantity (SQ) shall be one third (1/3rd) of the QQ, as has been revised by the Purchaser in terms of clause 4.3(a). The Parties agree that if the quantity sought to be lifted by the Purchaser in a month within the SQ is not sufficient to form a rake, formation of rake would be allowed by clubbing the quantity of the next month and so on within the quarter. If at the end of the quarter, any residual quantity is left due to inability to form a rake, being fraction of rake it would be carried over to the next quarter for the purpose of rake formation. If at the end of fourth quarter, the residual quantity is 0.5 fraction or more of the rake quantity it would be rounded off to a rake and if the residual quantity is less than 0.5 fraction of the rake quantity, it shall lapse.
Scheduled Quantity (SQ. 4.5.1 The monthly Scheduled Quantity (SQ) shall be one third (1/3rd) of the QQ. 4.5.2 Either the Purchaser or the Seller by serving a written Notice at least 30 days prior to the commencement of a month, may revise the SQ to be supplied by the Seller in that month, provided that the increase/ decrease resulting from such revision shall not be in excess of 5% of the SQ. 4.5.3 Seller shall have the right to make good the short supplies in a particular month in the succeeding month(s) of the same Quarter to the extent of 5% of the SQ. Similarly, Purchaser shall have the right to make good the short lifting in a particular month in the succeeding months of the same Quarter to the extent of 5% of the SQ. 4.5.4 Total variation in any Month pursuant to clauses 4.5.2 and 4.5.3 shall in no case exceed 10% of the SQ. 4.5.5 In no case shall there be any variation permitted in respect of QQ either by the Purchaser or Seller. 4.5.6 The sum total of SQ during any Quarter, including any revision allowed hereof, shall not exceed the QQ of the concerned Quarter.
Scheduled Quantity (SQ. 4.5.1 The monthly Scheduled Quantity (SQ) shall be one third (1/3rd) of the QQ. 4.5.2 Either the Purchaser or the Seller by serving a written Notice at least thirty (30) days prior to the commencement of a month, may revise the SQ to be supplied by the Seller in that month, provided that the increase/ decrease resulting from such revision shall not be in excess of 5% of the SQ and the Purchaser shall seek any such increase in SQ for the months of July, August and September of any Year only with the prior written consent of the Seller. 4.5.3 Seller shall have the right to make good the short supplies in a particular month in the succeeding month(s) of the same Quarter to the extent of 5% of the SQ. Similarly, Purchaser shall have the right to make good the short lifting in a particular month in the succeeding months of the same Quarter to the extent of 5% of the SQ. 4.5.4 Total variation in any Month pursuant to clauses 4.5.2 and 4.5.3 shall in no case exceed 10% of the SQ. 4.5.5 In no case shall there be any variation permitted in respect of QQ either by the Purchaser or Seller. 4.5.6 The sum total of SQ during any Quarter, including any revision allowed hereof, shall not exceed the QQ of the concerned Quarter. 4.5.7 The above schedule of supply is in respect of supply of coal from indigenous sources. Supply of imported coal shall be made as per its availability, which is depending upon many uncontrollable factors and hence no restrictions shall be applicable for quarterly distribution. The aggregate of the supply of coal from indigenous sources as well as through import shall not exceed the ACQ
Scheduled Quantity (SQ. The monthly Scheduled Quantity (SQ) shall be one third (1/3rd) of the QQ.
Scheduled Quantity (SQ. 3.1.1 The CQ may be supplied (a) in 3 (three) equal monthly installments, where each installment shall be one third (1/3rd) of the CQ; or (b) entirely in a single installment in the first month of the Supply Period, and each such installment may hereinafter be referred to as the “Scheduled Quantity” or “SQ”). 3.1.2 In the event the SQ is not sufficient for formation of a rake in a month, such SQ or part thereof shall be permitted to be carried forward and clubbed with the SQ of the next month or of the subsequent month, if required, until such cumulative quantity is sufficient to form a rake of Coal. However, no carry forward of any SQ or part thereof will be permitted beyond the Supply Period and the same shall lapse upon expiry of Supply Period. It is hereby clarified that no carry forward for the purpose of rake formation or otherwise will be permitted in case if the CQ is to be supplied in a single installment. No penalty shall be levied on the quantity which could not be lifted due to such quantity being insufficient for formation of rake.
Scheduled Quantity (SQ. 3.5.1 The monthly Scheduled Quantity (SQ) shall be one third (1/3rd) of the QQ. 3.5.2 Either the Purchaser or the Seller by serving a written Notice at least 30 days prior to the commencement of a month, may revise the SQ to be supplied by the Seller in that month, provided that the increase/ decrease resulting from such revision shall not be in excess of 20% of the SQ. 3.5.3 Seller shall have the right to make good the short supplies in a particular month in the succeeding month(s) of the same Year to the extent of 20% of the SQ. Similarly, Purchaser shall have the right to make good the short lifting in a particular month in the succeeding months of the same Year to the extent of 20% of the SQ. 3.5.4 Total variation in any Month pursuant to clauses 3.5.2 and 3.5.3 shall in no case exceed 40% of the SQ.

Related to Scheduled Quantity (SQ

  • 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.

  • ESTIMATED QUANTITIES 1.1 The quantities set forth in the line items and specification document are approximate and represent the estimated requirements for the contract period. 1.2 Items listed may or may not be an inclusive requirements for this category. 1.3 Category items not listed, but distributed by bidder are to be referred to as kindred items. Kindred items shall receive the same percentage of discount or pricing structure as items listed in the specification document. 1.4 The unit prices and the extended total prices shall be used as a basis for the evaluation of bids. The actual quantity of materials necessary may be more or less than the estimates listed in the specification document, but the City/County shall be neither obligated nor limited to any specified amount. If possible, the Owners will restrict increases/decreases to 20% of the estimated quantities listed in the specification document.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.

  • MINIMUM ORDER QUANTITY The State makes no commitment to purchase any minimum or maximum quantity, or dollar volume of products from the selected suppliers. Utilization of this agreement will be on an as needed basis by State Agencies and/or Cooperative Participants, Cities, Counties, Schools K-12, Colleges and Universities. The State will award to multiple suppliers; however, the State reserves the right to purchase like and similar products from other suppliers as necessary to meet operational requirements.