FMQ (Firm Maximum Quantity) Sample Clauses

FMQ (Firm Maximum Quantity). (a) Subject to the provisions of this Agreement, the maximum quantity of Shippers Pipeline Liquids that may be tendered for delivery at the Transfer Point on any Day during the relevant Quarter of the Contract Year in question (the “FMQ”), shall be as set out in Exhibit IV Part A as the same may be amended in accordance with the provisions of Clause 4.3.
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Related to FMQ (Firm Maximum Quantity)

  • 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.

  • Quantity If Seller delivers more than the quantity of Goods ordered, Buyer may reject all or any excess Goods. Any such rejected Goods shall be returned to Seller at Seller's risk and expense. If Buyer does not reject the Goods and instead accepts the delivery of Goods at the increased or reduced quantity, the Price for the Goods shall be adjusted on a pro-rata basis.

  • Unit Price Unless the bidder clearly indicates that the price is based on consideration of being awarded the entire lot and that an adjustment to the price was made based on receiving the entire bid, any difference between the unit price correctly extended and the total price shown for all items shall be offered shall be resolved in favor of the unit price.

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