Common use of Annual Contracted Quantity Clause in Contracts

Annual Contracted Quantity. 4.1.1 The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser shall be [insert number] tonnes per Year as set out in Schedule I, subject to Clause 4.1.2 (“ACQ”). For part of Year, the ACQ shall be pro-rated accordingly. 4.1.2 The ACQ shall be proportionately adjusted upon the occurrence of any scenario set out in the first proviso to Clause 2.2.

Appears in 2 contracts

Samples: Fuel Supply Agreement, Fuel Supply Agreement

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Annual Contracted Quantity. 4.1.1 The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser shall be [insert number] tonnes per Year as set out in Schedule SCHEDULE I, subject to Clause 4.1.2 (“ACQ”). For part of the Year, the ACQ shall be pro-rated accordingly. 4.1.2 accordingly.‌ The Purchaser shall surrender the quantity corresponding to the ACQ shall be proportionately adjusted upon the occurrence under this Agreement of any scenario set out in existing letter of assurance /fuel supply agreement for the first proviso to Clause 2.2corresponding tenure.

Appears in 1 contract

Samples: Fuel Supply Agreement

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Annual Contracted Quantity. 4.1.1 The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser shall be [insert number] tonnes per Year as set out in Schedule SCHEDULE I, subject to Clause 4.1.2 (“ACQ”). For part of the Year, the ACQ shall be pro-rated accordingly. 4.1.2 The accordingly.‌ In the event the Power Station is implemented in phases, in accordance with Clause 2.6, the ACQ shall be proportionately adjusted upon proportionate to the occurrence Contracted Capacity of any scenario set out in the first proviso to Clause 2.2phase that has been commissioned.

Appears in 1 contract

Samples: Fuel Supply Agreement

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