Anhydrous Ammonia Equivalent Sample Clauses

Anhydrous Ammonia Equivalent. (1) MCI, as a by-product of the manufacture of melamine in the M-I Facility, will have available Anhydrous Ammonia Equivalent in the melamine carbamate recycle (herein called "Carbamate"). Subject to the provisions of Sections 3.c.(2), 15 and 17 hereof, to MCI's option set forth in the next paragraph, and to TNI's ability to efficiently accept and process Carbamate delivered by MCI, on each day during the term hereof, MCI will sell and deliver to TNI and TNI will purchase and accept, a quantity of Anhydrous Ammonia Equivalent, in the form of Carbamate, which is approximately equivalent to .47 times the number of Tons of Urea Melt used by MCI in the M-I Facility on such day, not to exceed a quantity of Carbamate containing one hundred eighty (180) Tons of Anhydrous Ammonia Equivalent per day or seven and one-half (7 1/2) Tons in each hour. TNI intends to modify the TNI Urea Plant in October 1997 to enhance its efficiency, which modification may result in an increase in the maximum daily quantity of Carbamate that TNI is able to efficiently accept from MCI. TNI will use its reasonable efforts to achieve the results desired from the TNI Urea Plant modification. If TNI determines, in its sole reasonable judgment, that such TNI Urea Plant modification does not increase TNI's ability to accept the return of additional Carbamate from MCI, then TNI will notify MCI of such result as soon as practicable after its completion of the modification, and there will be no change in the maximum quantity of Carbamate to be returned to TNI hereunder. If TNI determines, in its sole reasonable judgment, that such TNI Urea Plant modification does increase TNI's ability to accept the return of some amount of additional Carbamate from MCI without additional incremental economic operating cost to TNI (but excluding cost incurred by TNI in constructing the TNI Urea Plant modification, including depreciation or amortization), then TNI will notify MCI of such result as soon as practicable after its completion of the modification, and the parties will promptly modify this Agreement to reflect the increase in the maximum daily quantity of Carbamate that can be accepted by TNI without TNI incurring any such additional incremental operating costs (as designated by TNI in its sole and reasonable judgment). If TNI determines, in its sole reasonable judgment, that (A) such TNI Urea Plant modification does increase TNI's ability to accept the return of additional Carbamate from MCI but only a...
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Anhydrous Ammonia Equivalent. (1) With respect to each Month prior to June 30, 2000, the price per Ton of Anhydrous Ammonia Equivalent sold hereunder will be the TNI Anhydrous Ammonia Price less Five and 00/100 Dollars ($5.00) per Ton.

Related to Anhydrous Ammonia Equivalent

  • Combination Product The term “

  • Spares/bunkers, etc The Sellers shall deliver the Vessel to the Buyers with everything belonging to her on board and on shore. All spare parts and spare equipment including spare tail-end shaft(s) and/or spare propeller(s)/propeller blade(s), if any, belonging to the Vessel at the time of inspection used or unused, whether on board or not shall become the Buyers' property, but spares on order are to be excluded. Forwarding charges, if any, shall be for the Buyers' account. The Sellers are not required to replace spare parts including spare tail-end shaft(s) and spare propeller(s)/propeller blade(s) which are taken out of spare and used as replacement prior to delivery, but the replaced items shall be the property of the Buyers. The radio installation and navigational equipment shall be included in the sale without extra payment if they are the property of the Sellers. Unused stores and provisions shall be included in the sale and be taken over by the Buyers without extra payment. The Sellers have the right to take ashore crockery, plates, cutlery, linen and other articles bearing the Sellers' flag or name, provided they replace same with similar unmarked items. Library, forms, etc., exclusively for use in the Sellers' vessel(s), shall be excluded without compensation. Captain's, Officers' and Crew's personal belongings including the slop chest are to be excluded from the sale, as well as the following additional items (including items on hire): Please see Clause 19 The Buyers bunkers are the Charterers property and are to be excluded from the sale. The shall take over the remaining bunkers and unused lubricating oils in storage tanks and sealed drums shall remain the property of the sellers. Vessel’s new managers will pay sellers for these lubricating oils at net contract price as and when they are broached and pay the current net market price (excluding barging expenses) at the port and date of delivery of the Vessel. Payment under this Clause shall be made at the same time and place and in the same currency as the Purchase Price.

  • Combination Products If a LICENSED PRODUCT is sold to any third party in combination with other products, devices, components or materials that are capable of being sold separately and are not subject to royalties hereunder (“OTHER PRODUCTS,” with the combination of products being referred to as “COMBINATION PRODUCTS” and the Other Product and Licensed Product in such Combination Product being referred to as the “COMPONENTS”), the NET SALES of such LICENSED PRODUCT included in such COMBINATION PRODUCT shall be calculated by multiplying the NET SALES of the COMBINATION PRODUCT by the fraction A/(A+B), where A is the average NET SALES price of such LICENSED PRODUCT in the relevant country, as sold separately, and B is the total average NET SALES price of all OTHER PRODUCTS in the COMBINATION PRODUCT in the relevant country, as sold separately. If, in any country, any COMPONENT is not sold separately, NET SALES for royalty determination shall be determined by the formula [C / (C+D)], where C is the aggregate average fully absorbed cost of the Licensed Product components during the prior Royalty Period and D is the aggregate average fully absorbed cost of the other essential functional components during the prior Royalty Period, with such costs being determined in accordance with generally accepted accounting principles. To the extent that any SUBLICENSE INCOME relates to a COMBINATION PRODUCT or is otherwise calculated based on the value of one or more licenses or intellectual property rights held by the COMPANY, an AFFILIATE or SUBLICENSEE, COMPANY shall determine in good faith and report to THE PARTIES the share of such payments reasonably attributable to COMPANY’s or such AFFILIATE’s sublicense of the rights granted hereunder, based upon their relative importance and proprietary protection, which portion shall be the SUBLICENSE INCOME. THE PARTIES shall have the right to dispute such sharing determination in accordance with the dispute provisions of the AGREEMENT.

  • Supply Price In event BTC exercises the Supply Option, the Supply Agreement shall afford Auxilium supply terms for Year 1 that are not less favorable than the average price afforded to Auxilium by the Back-Up Suppliers for the year immediately preceding the Supply Date and supply terms for each successive year that are not less favorable than the average price afforded to Auxilium by the Back-Up Suppliers for each preceding year as applicable.

  • Economic Equivalence So long as any Exchangeable Shares not owned by Acquiror or its Affiliates are outstanding:

  • Conhecimento da Lingua O Contratado, pelo presente instrumento, declara expressamente que tem pleno conhecimento da língua inglesa e que leu, compreendeu e livremente aceitou e concordou com os termos e condições estabelecidas no Plano e no Acordo de Atribuição (“Agreement” xx xxxxxx).

  • Combinations and Split-ups of Receipts Upon surrender of a Receipt or Receipts at the Depositary Office or such other office as the Depositary may designate for the purpose of effecting a split-up or combination of Receipts, subject to the terms and conditions of this Deposit Agreement, the Depositary shall execute and deliver a new Receipt or Receipts in the authorized denominations requested evidencing the same aggregate number of Depositary Shares evidenced by the Receipt or Receipts surrendered.

  • Liquidity Risk Measurement Services Not Applicable.

  • Delivery Points The measurement of and tests for quality of Shipper's Gas redelivered at the Delivery Points shall be governed by and determined in accordance with the requirements of the receiving pipeline at each Delivery Point.

  • Delivery Point Once Manufacture of the Products has been completed, Contractor shall be responsible for delivering the Finished Goods FCA, (as defined in Incoterms (2000) published by the International Chamber of Commerce) and to a freight forwarder specified by Company in its Order, or otherwise approved by Company. “Delivery Point” as used in this Agreement shall mean the specific time and location that the Product is delivered to the shipper specified on the Order.

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