Common use of Base Quantity Clause in Contracts

Base Quantity. Subject to the terms and conditions set forth in this Agreement, Seller shall sell and deliver, or cause to be delivered and Buyer shall purchase and receive, or cause to be received, a total of 2.25 million tons in accordance with the following annual base quantity of coal (the “Base Quantity”): YEAR BASE QUANTITY (TONS) 2021 250,000 2022 250,000 2023 250,000 2024 750,000 2025 750,000 The Base Quantity of coal scheduled to be delivered in a given calendar year as set forth in the table above (as such quantity may be adjusted as provided in this Agreement) shall be delivered during that calendar year.

Appears in 2 contracts

Samples: Supply Agreement, Supply Agreement

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Base Quantity. Subject to the terms and conditions set forth in this Agreement, Seller shall sell and deliver, or cause to be delivered and Buyer shall purchase and receive, or cause to be received, a total of 2.25 million tons in accordance with the following annual base quantity of coal (the “Base Quantity”): YEAR BASE QUANTITY (TONS) 2020 100,000 2021 250,000 500,000 2022 250,000 650,000 2023 250,000 500,000 2024 750,000 2025 750,000 500,000 The Base Quantity of coal scheduled to be delivered in a given calendar year as set forth in the table above (as such quantity may be adjusted as provided in this Agreement) shall be delivered during that calendar year.

Appears in 2 contracts

Samples: Supply Agreement, Supply Agreement

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