Annual Minimum Quantity definition

Annual Minimum Quantity shall have the meaning set forth in Section 4.1(a)(i).
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Annual Minimum Quantity shall have the meaning set forth in Appendix 3.
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Annual Minimum Quantity is defined in the Principal Contract.
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Examples of Annual Minimum Quantity in a sentence

  • Upon receipt of such notice by Buyer, the Parties’ respective obligations during such Contract Year to sell and tender, and purchase and receive, a quantity of Ethylene equal to the Annual Minimum Quantity, less that quantity of Ethylene determined in accordance with clause (a) above, shall be reinstated for all purposes hereunder.

  • During the term of this Agreement, City agrees to deliver at least the Annual Minimum Quantity of Permitted Solid Waste collected to the above facility on the condition that WMDSC accepts all such Permitted Solid Waste delivered to it by City.

  • Per Purchase Order [***] (the “Minimum Batch Size”) Initial Term [***] Component Sets per each calendar year during the Initial Term beginning in [***] (the “Annual Minimum Quantity”) Subsequent Term(s) The Annual Minimum Quantity for the Subsequent Term(s) shall be determined and mutually agreed upon by the Parties prior to the end of the Initial Term or of each Subsequent Term, as applicable.

  • Thereafter, for calendar years subsequent to ***, the Parties shall similarly enter into good faith negotiations for the purpose of establishing the Annual Minimum Quantity for such calendar years reasonably in advance of such calendar years.

  • In accordance with Section 4.8 of the Supply Agreement, beginning in 2019 AMAG shall purchase at least the Annual Minimum Quantity of Component Sets in each calendar year during the Term as set forth below.

  • For the term of this agreement, Annual Minimum Quantity shall be defined as 30,000 Tons per Contract Year.

  • The Parties agree that during calendar years ***, the Annual Minimum Quantity shall be equal to *** Units of the Product, and that ***; provided, however, that VBI shall purchase no less than *** Units of Product from Sanquin under this Agreement.

  • Pricing and Annual Minimum Quantity The annual minimum purchase order volume to maintain distribution rights within the Territory is as listed below.

  • In the event RMI fails to purchase the Annual Minimum Quantities during such calendar year (other than due to Buckeye’s failure or inability to supply such Products or due to a Force Majeure as provided in Section 9 below), RMI shall pay to Buckeye, as liquidated damages, an amount equal to 25% of the price of each ton of the Annual Minimum Quantity not purchased by RMI in such calendar year.

  • In addition to the foregoing Base Annual Minimum Quantity, Purchaser may purchase the Available Sales Volume, if any, that Seller may nominate for each year as set forth below.


More Definitions of Annual Minimum Quantity

Annual Minimum Quantity means the quantity set out in Schedule A for the relevant Contract Year in each case as varied from time to time in accordance with clauses 2.28, 3.53 or 3.63.
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Annual Minimum Quantity or "AMQ" has the meaning given it in the Electric Tariff Adjustment Method;
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Annual Minimum Quantity means (a) for the first Contract Year in the Delivery Term, the product of (i) 0.95 and (ii) the sum of the Monthly Minimum Quantities for all months during such Contract Year, (b) for the second Contract Year in the Delivery Term, the product of (i) 0.90 and (ii) the sum of the Monthly Minimum Quantities for all months during such Contract Year, (c) for the third Contract Year in the Delivery Term, the product of (i) 0.85 and (ii) the sum of the Monthly Minimum Quantities for all months during such Contract Year, (d) for the fourth Contract Year in the Delivery Term, the product of (i) 0.80 and (ii) the sum of the Monthly Minimum Quantities for all months during such Contract Year, and (e) for the fifth Contract Year in the Delivery Term, the product of (i) 0.75 and (ii) the sum of the Monthly Minimum Quantities for all months during such Contract Year.
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Related to Annual Minimum Quantity

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Normal Minimum Generation means the lowest output level of a generating resource under normal operating conditions.