Contractual Quantity definition
Examples of Contractual Quantity in a sentence
Subject to the Buyer complying with the Delivery Operational Procedures (Article 7), the Seller undertakes to sell and make available to the Buyer at the Delivery Point on a firm basis the Contractual Quantity as defined in Article 9 during the Delivery Period.
The quantity of untaken natural gas shall represent the difference between the Contractual Quantity and quantity of natural gas supplied by the Seller and taken over by the Buyer until the effective date of withdrawal from the Agreement.
The Daily Contractual Quantity shall be calculated as Monthly Contractual Quantity divided by number of days in respective month (hereinafter referred to as the “DCQ”).
In case SELLER supplies an amount of Products lower than the Contractual Quantity (as defined in Clause 2.2 below) as of the end of the term provided in Clause 2.1, the term of this Contract shall be extended for a maximum period of [•] months; provided that, in no event shall the term of this Contract exceed [•] unless otherwise agreed by the Parties.
This Agreement sets out the terms and conditions under which : - The Seller shall sell and deliver to GRTgaz D the Contractual Quantity of Natural Gas during the Delivery Period and at the Delivery Point, as defined and agreed by both Parties in the present Agreement.
The Contractual Quantity to be made available to BUYER under this Contract is located at tailing dams B-IV and B-V.
If there appears to be any substantial change in the Concentrate production or the Contractual Quantity as declared in accordance with the above, Seller shall immediately give notice to Dowa with copy to Buyer of such change and both parties shall attempt in good faith to resolve any problems raised thereby.
The Seller shall deliver to the Buyer during the Contractual Period the Contractual Quantity through the exit point from the upstream production pipeline network with the Distribution System and/or Interconnection Point of the Storage Facility operated by the Seller with the Distribution System as defined in the Technical Conditions (hereinafter referred to as the “Point of Delivery”).
The Parties agree to the Seller supplying the Buyer with the Contractual Quantity from the beginning of Gas Day January 1, 2021 to the end of Gas Day December 31, 2021 (hereinafter referred to as the “Contractual Period”).
Client will have the right to transfer the Contractual Quantity at the Terminal in one (1) single LNG Vessel, and will have the right to require GNLM to provide the Services as for the Contractual Quantity.