Common use of Daily Contract Quantity Clause in Contracts

Daily Contract Quantity. 4.1.1 The Awarded Sales Gas Quantity for the Term of this Agreement is SCMD. 4.1.2 Subject to Clause 4.1.3 and 4.1.4, the Daily Contract Quantity (“DCQ”) shall be equal to Awarded Sales Gas Quantity. 4.1.3 Sellers shall have a right to increase or decrease the DCQ up to 10% of the Awarded Sales Gas Quantity on Quarterly basis by providing at least one (1) Month’s advance written notice to the Buyer. 4.1.4 For the Quarter commencing on April 1 and ending on June 30, the DCQ shall be 105% of the Awarded Sales Gas Quantity. 4.1.5 During the Term of this Agreement, the Buyer shall be obligated to take and pay, or pay for if not taken Sales Gas as per the provisions of this Agreement. 4.1.6 During the Term of this Agreement, the Sellers shall supply and deliver the Sales Gas to the Buyer at the Delivery Point, failing which Sellers shall be liable for Price Adjustment as per the provisions of this Agreement. 4.1.7 If Additional Gas Quantities are available with the Sellers, then subject to acceptance by the Buyer, such quantities can be delivered and offtaken as per Clause 4.4 of this Agreement.

Appears in 2 contracts

Samples: Gas Sales Agreement, Gas Sale Agreement

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Daily Contract Quantity. 4.1.1 The Awarded Sales Gas Quantity for the Term of this Agreement is SCMD. 4.1.2 Subject to Clause 4.1.3 and 4.1.4, the Daily Contract Quantity (“DCQ”) shall be equal to Awarded Sales Gas Quantity. 4.1.3 Sellers shall have a right to increase or decrease the DCQ up to 10% of the Awarded Sales Gas Quantity on Quarterly basis by providing at least one (1) Month’s advance written notice to the Buyer. 4.1.4 For the Quarter commencing on April 1 and ending on June 30, the DCQ shall be 105110% of the Awarded Sales Gas Quantity. 4.1.5 During the Term of this Agreement, the Buyer shall be obligated to take and pay, or pay for if not taken Sales Gas as per the provisions of this Agreement. 4.1.6 During the Term of this Agreement, the Sellers shall supply and deliver the Sales Gas to the Buyer at the Delivery Point, failing which Sellers shall be liable for Price Adjustment as per the provisions of this Agreement. 4.1.7 If Additional Gas Quantities are available with the Sellers, then subject to acceptance by the Buyer, such quantities can be delivered and offtaken as per Clause 4.4 of this Agreement.

Appears in 2 contracts

Samples: Gas Sale Agreement, Gas Sale Agreement

Daily Contract Quantity. 4.1.1 The Awarded Sales Gas Quantity Volume to the Buyer for the Term duration of this Agreement is SCMDthe contract shall be XXXXX scm/day. 4.1.2 Subject to Clause 4.1.3 and 4.1.4, the Daily Contract Quantity (“DCQ”) shall be equal to Awarded the Sales Gas QuantityVolume for the period staring from 0700 hours of start date till End Date. 4.1.3 During the Term of this Agreement, the Sellers shall have a right to increase or decrease supply and deliver the DCQ up to 10% of the Awarded Sales Gas Quantity on Quarterly basis by providing at least one (1) Month’s advance written notice to the BuyerBuyer at the Delivery Point on reasonable endeavour basis as per the provisions of this Agreement. 4.1.4 For If Additional Gas Quantity are available with the Quarter commencing on April 1 Sellers, then subject to acceptance by the Buyer, such quantities can be delivered and ending on June 30, the DCQ shall be 105% off taken as per Clause 4.2 of the Awarded Sales Gas Quantitythis Agreement. 4.1.5 During the Term of this Agreement, the Buyer shall be obligated to take and pay, or pay for if not taken Sales Gas as per the provisions of this Agreement. 4.1.6 During the Term of this Agreement, the Sellers shall supply and deliver the Sales Gas to the Buyer at the Delivery Point, Point failing which Sellers shall be liable for Price Adjustment Shortfall Penalty as per the provisions of this Agreement. 4.1.7 If Additional Sellers and Buyer shall deliver and offtake Gas Quantities are quantities available with the Sellers, then subject to acceptance by the Buyer, such quantities can be delivered and offtaken as per Clause 4.4 in excess of this AgreementDCQ on reasonable endeavour basis.

Appears in 2 contracts

Samples: Gas Supply Agreement, Gas Sales Agreement

Daily Contract Quantity. 4.1.1 The Awarded Sales Gas Quantity Volume to the Buyer for the Term of this Agreement is SCMDas per Annexure – 2 of this Agreement. 4.1.2 Subject to Clause 4.1.3 and 4.1.4, the Sellers shall provide Daily Contract Quantity (“DCQ”) shall be equal to Awarded Sales Gas Quantity.the Buyer on quarterly basis with one 4.1.3 Sellers shall have a right to increase or decrease the DCQ up to 10% of the Awarded Sales Gas Quantity on Quarterly basis by providing at least one (1) Month’s advance written notice to the Buyer. 4.1.4 For the Quarter commencing on April 1 and ending on June 30, the such that this DCQ shall be 105% between Ninety-five percent (95%) to Hundred and ten percent (110%) of the Awarded Sales Gas QuantityVolume. 4.1.5 4.1.3 During the Term of this Agreement, the Buyer shall be obligated to take and pay, or pay for if not taken Sales Gas as per the provisions of this Agreement. 4.1.6 4.1.4 During the Term of this Agreement, the Sellers shall supply and deliver the Sales Gas to the Buyer at the Delivery Point, Point failing which Sellers shall be liable for Price Adjustment Shortfall Penalty as per the provisions of this Agreement. 4.1.7 4.1.5 If Additional Gas Quantities are available with the Sellers, then subject to acceptance by the Buyer, such quantities can be delivered and offtaken as per Clause 4.4 of this Agreement.

Appears in 1 contract

Samples: Gas Sale Agreement

Daily Contract Quantity. 4.1.1 The Awarded Sales Gas Quantity Volume to the Buyer for the Term of this Agreement is SCMDas per Annexure – 2 of this Agreement. 4.1.2 Subject to Clause 4.1.3 and 4.1.4, the Sellers shall provide Daily Contract Quantity (“DCQ”) shall be equal to Awarded Sales Gas Quantity. 4.1.3 Sellers shall have a right to increase or decrease the DCQ up to 10% of the Awarded Sales Gas Quantity Buyer on Quarterly quarterly basis by providing at least with one (1) Month’s advance written notice to the Buyer. 4.1.4 For the Quarter commencing on April 1 and ending on June 30, the such that this DCQ shall be 105% between Ninety-Five percent (95%) to One Hundred and ten percent (110%) of the Awarded Sales Gas QuantityVolume. 4.1.5 4.1.3 During the Term of this Agreement, the Buyer shall be obligated to take and pay, or pay for if not taken Sales Gas as per the provisions of this Agreement. 4.1.6 4.1.4 During the Term of this Agreement, the Sellers shall supply and deliver the Sales Gas to the Buyer at the Delivery Point, Point failing which Sellers shall be liable for Price Adjustment as per the provisions of this Agreement. 4.1.7 4.1.5 If Additional Gas Quantities are available with the Sellers, then subject to acceptance by the Buyer, such quantities can be delivered and offtaken as per Clause 4.4 of this Agreement.

Appears in 1 contract

Samples: Gas Sale Agreement

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Daily Contract Quantity. 4.1.1 The Awarded Sales Gas Quantity Volume to the Buyer for the Term of this Agreement is SCMDas per Annexure – 2 of this Agreement. 4.1.2 Subject to Clause 4.1.3 and 4.1.4, the Sellers shall provide Daily Contract Quantity (“DCQ”) shall be equal to Awarded Sales Gas Quantity. 4.1.3 Sellers shall have a right to increase or decrease the DCQ up to 10% of the Awarded Sales Gas Quantity Buyer on Quarterly quarterly basis by providing at least with one (1) Month’s advance written notice to the Buyer. 4.1.4 For the Quarter commencing on April 1 and ending on June 30, the such that this DCQ shall be 105% between One Hundred percent (100%) to One Hundred and ten percent (110%) of the Awarded Sales Gas QuantityVolume. 4.1.5 4.1.3 During the Term of this Agreement, the Buyer shall be obligated to take and pay, or pay for if not taken Sales Gas as per the provisions of this Agreement. 4.1.6 4.1.4 During the Term of this Agreement, the Sellers shall supply and deliver the Sales Gas to the Buyer at the Delivery Point, Point failing which Sellers shall be liable for Price Adjustment as per the provisions of this Agreement. 4.1.7 4.1.5 If Additional Gas Quantities are available with the Sellers, then subject to acceptance by the Buyer, such quantities can be delivered and offtaken as per Clause 4.4 of this Agreement.

Appears in 1 contract

Samples: Gas Sale Agreement

Daily Contract Quantity. 4.1.1 The Awarded Sales Gas Quantity Volume to the Buyer for the Term duration of the contract is as per Annexure – 2 of this Agreement is SCMDAgreement. 4.1.2 Subject to Clause 4.1.3 and 4.1.4, the Daily Contract Quantity (“DCQ”) shall be equal to Awarded Sales Gas Quantity. 4.1.3 Sellers shall have a right to increase or decrease the DCQ up to 10% of the Awarded Sales Gas Quantity on Quarterly basis by providing at least one (1) Month’s advance written notice to Volume for the Buyer. 4.1.4 period staring from 0600 hours of start date till 5 years. For the Quarter commencing on April 1 and ending on June 30balance period of the Term, the DCQ shall be 105% of the Awarded Sales Gas Quantityquantity as communicated by the Seller pursuant to Clause 4.7.2. 4.1.5 4.1.3 During the Term of this Agreement, the Buyer shall be obligated to take and pay, or pay for if not taken for Sales Gas as per the provisions of this Agreement. 4.1.6 4.1.4 During the Term of this Agreement, the Sellers Seller shall supply and deliver the Sales Gas to the Buyer at the Delivery Point, Point failing which Sellers Seller shall be liable for Price Adjustment Shortfall Penalty as per the provisions of this Agreement. 4.1.7 4.1.5 If Additional Gas Quantities additional gas quantities are available with the SellersSeller, then subject to acceptance by the Buyer, such quantities can be delivered and offtaken off taken as per Clause 4.4 of this Agreement.

Appears in 1 contract

Samples: Gas Sale Agreement

Daily Contract Quantity. 4.1.1 The Awarded Sales Gas Quantity Volume to the Buyer for the Term duration of the contract is as per Annexure – 2 of this Agreement is SCMDAgreement. 4.1.2 Subject to Clause 4.1.3 and 4.1.4, the Daily Contract Quantity (“DCQ”) shall be equal to Awarded Sales Gas Quantity. 4.1.3 Sellers shall have a right to increase or decrease the DCQ up to 10% of the Awarded Sales Gas Quantity on Quarterly basis by providing at least one (1) Month’s advance written notice to Volume for the Buyer. 4.1.4 period staring from 0600 hours of 1st March, 2023 till 0600 hours of 1st March, 2026. For the Quarter commencing on April 1 and ending on June 30balance period of the Term, the DCQ shall be 105% of the Awarded Sales Gas Quantityquantity as communicated by the Seller pursuant to Clause 4.7.2. 4.1.5 4.1.3 During the Term of this Agreement, the Buyer shall be obligated to take and pay, or pay for if not taken for Sales Gas as per the provisions of this Agreement. 4.1.6 4.1.4 During the Term of this Agreement, the Sellers Seller shall supply and deliver the Sales Gas to the Buyer at the Delivery Point, Point failing which Sellers Seller shall be liable for Price Adjustment Shortfall Penalty as per the provisions of this Agreement. 4.1.7 4.1.5 If Additional Gas Quantities additional gas quantities are available with the SellersSeller, then subject to acceptance by the Buyer, such quantities can be delivered and offtaken as per Clause 4.4 of this Agreement.

Appears in 1 contract

Samples: Gas Sale Agreement

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