Make-Up Quantities Sample Clauses

Make-Up Quantities. In the event that Buyer pays for any Deficiency Quantity, then Buyer shall have the right, during the five (5) Contract Years immediately following the Contract Year with respect to which the Deficiency Quantity arose (the "Make-Up Period"), to take a quantity of LNG equivalent to such Deficiency Quantity reduced by (i) any quantities resold during such Contract Year by Seller as Resale Cargoes and (ii) any quantities for which Buyer's liability was reduced, pursuant to Section 7.4(c)(ii)(B), by any Avoided Costs as a result of Seller's election, in its sole discretion, not to exercise an option to purchase a cargo of LNG (such quantity, as so reduced, "Make-Up Quantities"), without further payment except in the case where Buyer did not cancel the delivery of the LNG Tanker carrying the original Deficiency Quantity prior to such LNG Tanker departing the Loading Port, in which case Buyer shall be responsible for the lesser of (A) Voyage Costs incurred with respect to the original Deficiency Quantity or (B) Voyage Costs incurred with respect to the Make-Up Quantities. Buyer's right to take the Make-Up Quantities shall be limited in any Contract Year to the Tanker Capacity of a one hundred twenty-five thousand (125,000) Cubic Meter LNG Tanker (the "Make-Up Limit").
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Related to Make-Up Quantities

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

  • 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.

  • Additional Quantities For a period not exceeding ninety (90) days from the date of solicitation award, the Customer reserves the right to acquire additional quantities up to the amount shown on the solicitation but not to exceed the threshold for Category Two at the prices submitted in the response to the solicitation.

  • Quantities The estimated quantities provided by the City are not guaranteed. These quantities are listed for informational purposes only. Quantities vary depending on the demands of the City. Any variations from the estimated quantities shall not entitle the bidder to an adjustment in the unit price or any additional compensation.

  • MINIMUM ORDER QUANTITY The State makes no commitment to purchase any minimum or maximum quantity, or dollar volume of products from the selected suppliers. Utilization of this agreement will be on an as needed basis by State Agencies and/or Cooperative Participants, Cities, Counties, Schools K-12, Colleges and Universities. The State will award to multiple suppliers; however, the State reserves the right to purchase like and similar products from other suppliers as necessary to meet operational requirements. Note: Issuance of an award does not guarantee an order.

  • Deliveries and Quantity On each Delivery Date set forth in the table, Seller will deliver the quantity of the Product (as defined below) having Vintages as and if specified, and Buyer will pay the specified Purchase Price, all in accordance with the Agreement. Delivery Dates Delivery Type Quantity Vintage Purchase REC (indicate dates or (indicate (in MWhrs, (month/year, as Price Delivery as generated, as multiple/periodic unless applicable) ($ per MWhr applicable) deliveries, if otherwise unless applicable) indicated) otherwise indicated) Delivery 1 Delivery 2 Delivery 3

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.

  • Delivery Point (a) All Energy shall be Delivered hereunder by Seller to Buyer at the Delivery Point. Seller shall be responsible for the costs of delivering its Energy to the Delivery Point consistent with all standards and requirements set forth by the FERC, ISO-NE, the Interconnecting Utility and any other applicable Governmental Entity and any applicable tariff.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Delivery Points ‌ Project water made available to the Agency pursuant to Article 6 shall be delivered to the Agency by the State at the delivery structures established in accordance with Article 10.

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