Common use of Additional Quantity Clause in Contracts

Additional Quantity. In addition to the Baseload Quantity volumes and Make-Up Gas, Seller may have Additional Quantities, if any, available from time to time for purchase. Seller shall make available to Purchaser on the same terms and conditions as any third party any Additional Quantity offered by Seller to any third party. Once made available by the Seller in a written notice to Purchaser and, if accepted by Purchaser in a written notice to Seller confirming Purchaser’s acceptance thereof, the Additional Quantity shall become Baseload Gas and it shall be a Firm obligation of Seller to deliver the Additional Quantity and a Firm obligation of Purchaser to purchase and receive the Additional Quantity. Any portion of the Additional Quantity that is not confirmed in accordance with the foregoing, shall be delivered on an Interruptible, as-available basis at the request of Purchaser and ability of Seller.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (USA Synthetic Fuel Corp), Purchase and Sale Agreement (USA Synthetic Fuel Corp), Purchase and Sale Agreement (Global Energy, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!