Minimum Monthly Quantity definition

Minimum Monthly Quantity has the meaning set forth in Section 3(a).
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Minimum Monthly Quantity means the quantity of Product determined by multiplying the applicable TDCQ, in MCF per Day, by the MPR, by the number of Days in the Month, (i.e. DCQ x MPR x # Days in the Month).
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Minimum Monthly Quantity means the minimum quantity of Contract Coal, in GJ, which Eskom is entitled to Take Off and which the Supplier is required to Deliver during each Month, being 80% (eighty percent) of the Monthly Quantity;
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Examples of Minimum Monthly Quantity in a sentence

  • Any deficient shipments of the Minimum Annual Quantity of Product which are delayed beyond the first quarter of the next Year shall be deemed to constitute a material breach of this Agreement pursuant to Section 10.2.1. For the avoidance of doubt, each monthly shipment shall be applied first to satisfy the Minimum Monthly Quantity for that calendar month.

  • Should Buyer fail to take delivery of the Minimum Monthly Quantity, Buyer shall be deemed to be in breach of this Agreement and shall be responsible for paying liquidated damages to American Crystal in the amount of the purchase price per ton multiplied times the difference between the Minimum Monthly Quantity and the actual tons delivered to Buyer during that month.

  • Buyer and American Crystal acknowledge and agree that American Crystal is engaged in the business of processing pressed pulp into pulp pellets and from time to time such pulp pellet production may result in American Crystal being unable to provide the Minimum Monthly Quantity of pressed pulp to Buyer.

  • American Crystal and ▇▇▇▇▇ intend that Buyer will take delivery of the Minimum Monthly Quantity of the Byproducts set forth herein during the term of this Agreement.

  • Buyer will be invoiced monthly for the greater of (i) Minimum Monthly Quantity or (ii) or the actual tonnage delivered to Buyer, unless American Crystal has notified Buyer that an insufficient quantity of Byproducts was available to satisfy the Minimum Monthly Quantity, in which case Buyer shall only be invoiced for that portion of the Minimum Monthly Quantity that was available.

  • The Minimum Monthly Quantity may be comprised of (i) FOM Baseload, (ii) replacement volumes associated with implementation of the cover standard in Section 9 (physical or financial) (“Cover Quantity”), and (iii) Swing Gas.

  • The parties acknowledge and agree that American Crystal’s damages resulting from ▇▇▇▇▇’s failure to take delivery of the Minimum Monthly Quantity will be difficult to calculate, and the liquidated damages provided herein are a reasonable estimation of the actual damages that may result from Buyer’s breach.

  • Buyer’s payment of liquidated damages is the Buyer’s sole liability for ▇▇▇▇▇’s failure to take delivery of the Minimum Monthly Quantity.

  • In addition to the terms defined elsewhere in this Agreement the following terms will have following respective meanings when used in this Agreement with initial capital letters: “Baseload Marketing Fee” means the $0.025 per MMBtu charge to be paid by RE Gas (i) for each MMBtu of FOM Baseload Gas delivered, and (ii) for each MMBtu of Gas not delivered up to the Minimum Monthly Quantity in any Month.

  • Notwithstanding anything herein to the contrary, SANYO shall have first priority with respect to any supply of Product and HOKU shall not deliver any Product to any other entity or person in any applicable monthly period unless HOKU has delivered to SANYO at least the Minimum Monthly Quantity of Product for such applicable monthly period.


More Definitions of Minimum Monthly Quantity

Minimum Monthly Quantity means that quantity of Contract Gas calculated by aggregating for each Month, the quantity of Contract Gas equivalent to fifty (50) per cent of the MDQ applicable for each Day of that Month;
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Minimum Monthly Quantity has the meaning given in Section 5(b);
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Minimum Monthly Quantity means the arithmetical sum for each Day during any given Month of the quantity of Product nominated for delivery hereunder by Buyer and confirmed by Seller. Notwithstanding the foregoing, and except as excused by events of force majeure as defined in Article XIV or as provided in Paragraph 3.2, the Minimum Monthly Quantity shall not be less than 25 MMcf multiplied by the number of Days in the Month.
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Minimum Monthly Quantity means, for any Month, the Minimum Daily Quantity for that Month multiplied by the number of Days in that Month.
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Minimum Monthly Quantity has the meaning set forth in the Confirmation and adjusted in accordance with Section 3(a).
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Related to Minimum Monthly Quantity

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

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • 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.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.