Contract Quantity definition
Examples of Contract Quantity in a sentence
Seller covenants to Buyer that, during the Initial Term, it shall reserve the Contract Quantity from the Project for sale to Buyer.
Seller shall transfer title to the Contract Quantity and the Option Quantity, free and clear of all liens and other encumbrances, into Buyer’s Registry Account(s) under applicable standards.
Any additional CDRs to be delivered by Seller during the Collaboration Ramp-Up Period shall be included as the Contract Quantity for such calendar quarter.
Buyer shall be responsible to pay all fees, costs, and expenses incurred by transferee relating to the transfer of the Contract Quantity or Option Quantity or any part thereof into the Buyer’s Registry Account(s) and any fees, costs, and expenses to retire the CDRs.
Seller shall be responsible to pay all fees, costs, and expenses incurred in connection with: (a) registration of the Project in the Registry; (b) any fees, costs, and expenses relating to the transfer of the Contract Quantity or Option Quantity or any part thereof into the Buyer’s Registry Account(s) or any other administration fees levied by the Registry in relation to the transfer of the Contract Quantity or Option Quantity; and (c) any the transferor fees.