Common use of Annual Contracted Quantity (ACQ) Clause in Contracts

Annual Contracted Quantity (ACQ). The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser, shall be lakh tonnes per Year from the Seller’s mines in the coal field and/ or from international sources. For part of Year, the ACQ shall be prorated accordingly.

Appears in 12 contracts

Samples: Coal Supply Agreement, Coal Supply Agreement, Coal Supply Agreement

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Annual Contracted Quantity (ACQ). The Corporation shall supply coal as per the coal quantity allotted and made available by coal company and the consumer unit/ purchaser shall purchase the Annual Contracted Quantity of (ACQ) of tonnes ( ) of Coal agreed per annum, as fixed by Corporation subject to be supplied availability with the coal company, and lift the same from the delivery point as fixed by the Seller and undertaken to be purchased by Corporation. In the Purchaser, shall be lakh tonnes per Year from the Seller’s mines in the coal field and/ or from international sources. For part event of Yeartruncated year, the ACQ shall be prorated accordingly.

Appears in 3 contracts

Samples: Fuel Supply Agreement, Fuel Supply Agreement, Fuel Supply Agreement

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Annual Contracted Quantity (ACQ). 3.1.1 The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser, shall be lakh tonnes per Year from the Seller’s mines in the coal field and/ or from international sources. , as per Schedule I. For part of Year, the ACQ shall be prorated accordingly.

Appears in 1 contract

Samples: Coal Supply Agreement

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