Annual Contract Quantity Sample Clauses

Annual Contract Quantity. The term “
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Annual Contract Quantity. Seller shall specify the final Annual Contract Quantity in the Facility Notice, but in no event shall (a) the final Annual Contract Quantity for the first Contract Year be more than five percent (5%) higher or lower than the Annual Contract Quantity for the first Contract Year set forth on Appendix C as of the Effective Date, nor (b) the final Annual Contract Quantity for any subsequent Contract Year have a degradation rate greater than four-tenths of one percent (0.4%) per Contract Year, regardless of whether the separately metered seventy (70) MW share of the Desert Harvest Project or the Maverick Project is the ongoing Facility.
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Annual Contract Quantity. The Annual Contract Quantity as of the Effective Date equals to Year 1 ACQ, the Year 26 ACQ, and the Annual Contract Quantity during each Contract Year between the foregoing shall be determined pursuant to Section 3.
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Annual Contract Quantity. Seller shall specify the final Annual Contract Quantity in the Facility Notice, but in no event shall (a) the final Annual Contract Quantity for the first Contract Year be more than five percent (5%) higher or lower than...
Sample 1
Annual Contract Quantity. (1) The Annual Contract Quantities under this Agreement are as follows: (2) By notice to Seller on or before any October 1 during the Term, Buyer may require an adjustment of not more than five percent (5%) to the Annual Contract Quantity for the then-succeeding Contract Year (each, a “Minor Adjustment Notice”). If Buyer provides such a Minor Adjustment Notice, then the applicable Annual Contract Quantity, and the related Average Daily Contract Quantity and Monthly Contract Quantities applicable to such Contract Year (each determined as set forth herein), shall be adjusted as described in the Minor Adjustment Notice. Buyer may not provide a Minor Adjustment Notice which reduces the Annual Contract Quantity for the purpose of buying the amount by which the Annual Contract Quantity was reduced from a third party. If Buyer later determines Buyer needs to purchase all or a portion of the volumes reduced by a Minor Adjustment Notice, Buyer shall provide Seller reasonable notice and the option to supply those volumes to Buyer pursuant to the terms of this Agreement. (3) By notice to Seller on or before any October 1 during the Term, Buyer may request adjustments in the Annual Contract Quantity in excess of five percent (5%) for the then-succeeding Contract Year (each, a “Major Adjustment Request”). Seller shall consider each Major Adjustment Request in good faith, and, if mutually agreed the Parties shall execute a document setting forth the revisions to the applicable Annual Contract Quantity, and the related Average Daily Contract Quantity and Monthly Contract Quantities (each determined as set forth herein). Buyer may not provide a Major Adjustment Request which reduces the Annual Contract Quantity for the purpose of buying the amount by which the Annual Contract Quantity was reduced from a third party. If Buyer later determines Buyer needs to purchase all or a portion of the volumes reduced by the agreement of the Parties after Buyer issues a Major Hilcorp Alaska, LLC, and Chugach Electric Association, Inc. Adjustment Request, Buyer shall provide Seller reasonable notice and the option to supply those volumes to Buyer pursuant to the terms of this Agreement.
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Annual Contract Quantity. Except as performance may be expressly excused in accordance with this Agreement, in each Contract Year Seller shall sell and deliver, and Buyer shall purchase and lift, an aggregate quantity of Oil equal to seventy-five thousand (75,000) Barrels times the number of Days in such Contract Year, apportioned between Barrels of Oil of the Boscán type and the BCF-13 type as set forth in Exhibit 2 (the “Annual Contract Quantity”), subject to an annual tolerance of three hundred twenty-five thousand (325,000) Barrels for each such grade of Oil; provided that, with respect to the First Contract Year and the Final Contract Year, the annual tolerance shall not be prorated for such partial Year periods.
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Annual Contract Quantity. 7.1.1 The annual contract quantity of LNG in respect of each full Contract Year shall be [***] MMBtu (the "ACQ"), which is equivalent to [***] tonnes per annum in accordance with the relevant heating value of the LNG. If a Contract Year contains less than three hundred and sixty-five (365) days, the ACQ shall be adjusted by the same proportion as the proportion to which the number of days in such Contract Year bears to the number of days in the corresponding calendar year. 7.1.2 [***] (A) [***] (B) [***] (C) [***] (D) [***] (E) [***] (F) [***] (G) [***] (H) Any Cargo Deliver or Pay Obligation or Cargo Take or Pay Obligation arising in respect of any quantities to be delivered to Buyer under Clause 7.1.2(D) shall be determined by reference to a blended Cargo Deliver or Pay Price or Cargo Take or Pay Price calculated by reference to the proportionate share of the Cargo to be priced at the Base Contract Price and the proportionate share of the Cargo to be priced at [***]. (I) The Buyer shall have the right to cause a Third Party auditor to verify any calculations of quantities of LNG or entitlements described in this Clause 7.1.2 in accordance with Clause 19.3.
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Annual Contract Quantity. (a) The Annual Contract Quantity for each Contract Year shall (subject to variation in accordance with clauses 7.3 and 7.
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Annual Contract Quantity. (ii) MAXIMUM OUTPUT: __ _ kWhs [Seller] [Seller Address] [Seller Address] _____ , 20 Re: Installation Notice to Proceed Dear ____ _: This Installation Notice to Proceed is delivered to you pursuant to Section 4.2 of that certain Solar Power Purchase Agreement by and between COUNTY OF FAIRFAX, VIRGINIA (“ Purchaser”) and SIGORA SOLAR LLC (“Seller”), dated as of _ __, 20__ (the “Agreement”). Capitalized terms used but not defined herein shall have the meanings given such terms in the Agreement. Purchaser hereby instructs Seller to commence installation of the System on , 20 . Pursuant to the Agreement: • The Commercial Operation Deadline is _ , 20__; • The date on which Purchaser and Seller expect the System to complete Final Completion (the “Expected Commercial Operation Date”) is __ _ __, 20__; and • The Installation Period shall begin on Commercial Operation Date. ____ __, 20__ and end on the Actual Sincerely, COUNTY OF FAIRFAX, VIRGINIA By: Name: Title: By: Name: _____ __ Title: _____ _ Contract Date: _ Seller: SIGORA SOLAR LLC This Final Completion Certificate is delivered to COUNTY OF FAIRFAX, VIRGINIA (“Purchaser”) pursuant to that certain Solar Power Purchase Agreement dated as of , 20__ (as amended, restated, supplemented or otherwise modified, the “ Agreement”), by and between Purchaser and SIGORA SOLAR LLC (“Seller”), dated as of _____ _ __, 20__ (the “Agreement”). Capitalized terms used but not defined herein shall have the meanings given such terms in the Agreement. The undersigned, in his capacity as an officer of Seller, hereby certifies that each of the conditions to Final Completion of the above described System set forth in the definition of Final Completion, other than Purchaser’s acceptance and signing of this Certificate, has been satisfied. The dateof Final Completion is the day after the date on which the last of the conditions to Final Completion, other th an Purchaser’s acceptance and signing of this Certificate, was satisfied and is hereby certified by the undersigned, as of: _____ . The Actual Commercial Operation Date for purposes of the Agreement shall be: _____ _. By: Name: Title: Date: By: Name: Title: Date: INVOICE TO: [SELLER] [ ] [SELLER ADDRESS 1] COUNTY OF FAIRFAX, VIRGINIA [SELLER ADDRESS 2] OFFICE OF COUNTY ATTORNEY [BILLING PHONE #] 00000 XXXXXXXXXX XXXXXX XXXX, XXX 000 XXXXXXX, XX 00000 Due Date: ___ , 20__ Total Amount Due: $__ Payments as of __ _: $ kWh Total Cost $____ kWh Commitment _____ kW Peak Supplied _____ SCH...
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Related to Annual Contract Quantity

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • C1 Contract Price In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).

  • Contract Quarterly Sales Reports The Contractor shall submit complete Quarterly Sales Reports to the Department’s Contract Manager within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). Reports must be submitted in MS Excel using the DMS Quarterly Sales Report Format, which can be accessed at xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department’s Contract Manager. If no orders are received during the quarter, the Contractor must email the DMS Contract Manager confirming there was no activity.

  • ESTIMATED QUANTITIES 1.1 The quantities set forth in the line items and specification document are approximate and represent the estimated requirements for the contract period. 1.2 Items listed may or may not be an inclusive requirements for this category. 1.3 Category items not listed, but distributed by bidder are to be referred to as kindred items. Kindred items shall receive the same percentage of discount or pricing structure as items listed in the specification document. 1.4 The unit prices and the extended total prices shall be used as a basis for the evaluation of bids. The actual quantity of materials necessary may be more or less than the estimates listed in the specification document, but the City/County shall be neither obligated nor limited to any specified amount. If possible, the Owners will restrict increases/decreases to 20% of the estimated quantities listed in the specification document.

  • Minimum Monthly Rent (Section 1.5): Tenant shall pay to Landlord Minimum Monthly Rent for the Premises during the Extended Term in accordance with the schedule and in the amount set forth below: 01/01/13-07/31/13 $ 1,776.25 per month $ 8,645.00 per month $ 10,421.25 per month 08/01/13-07/31/14 $ 1,827.00 per month $ 8,892.00 per month $ 10,719.00 per month 08/01/14-07/31/15 $ 1,877.75 per month $ 9,139.00 per month $ 11,016.75 per month

  • Contract Sales Price The total consideration provided for in the sales contract for the sale of a Property.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Annual Base Rent Commencing on the Rent Commencement Date, and thereafter during the Term, Tenant shall pay annual base rent in the amounts set forth immediately below (the "Annual Base Rent"), which amounts shall be payable in equal monthly installments (the "Monthly Base Rent") as set forth immediately below: All installments of Monthly Base Rent shall be payable in advance, on the Rent Commencement Date and the first day of each calendar month thereafter during the Term. If the Rent Commencement Date shall be a day other than the first day of a calendar month, (1) the Annual Base Rent for the first Lease Year shall be an amount equal to the sum of (x) the amount of Monthly Base Rent for the partial month in which the Rent Commencement Date occurs, plus (y) the amount of the Annual Base Rent for the first Lease Year set forth in the rent chart above, and (2) Monthly Base Rent for such partial month shall be the prorated amount of the Monthly Base Rent payable hereunder during the first Lease Year, which proration shall be based upon the actual number of days of such partial month. The prorated Monthly Base Rent for such partial month shall be payable on the first day of the calendar month after the month in which the Rent Commencement Date occurs. As used in this Lease, the term "Lease Year" means (A) with respect to the first Lease Year, the twelve (12) full calendar month period commencing on the Rent Commencement Date (plus the number of days in any partial first month if the Rent Commencement Date is not the first day of the month), except that if the Rent Commencement Date is a date earlier than May 1, 2012, then the first Lease Year shall commence on the Rent Commencement Date and shall expire on April 30, 2013, and (B) with respect to the second Lease Year and each subsequent Lease Year thereafter, each successive period of twelve (12) full calendar months following the expiration of the first Lease Year.

  • Monthly Base Rent With respect to any Payment Date and any Lease Vehicle (other than a Lease Vehicle with respect to which the Disposition Date occurred during such Related Month), the “Monthly Base Rent” with respect to such Lease Vehicle for such Payment Date shall equal the pro rata portion (based upon the number of days in the Related Month with respect to such Payment Date that were included in the Vehicle Term for such Lease Vehicle) of the Depreciation Charge for such Lease Vehicle as of the last day of such Related Month calculated on a 30/360 day basis.

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