Minimum Guaranteed Cargo Sample Clauses

Minimum Guaranteed Cargo. The Concessionaire hereby unconditionally guarantees the Concessioning Authority annual cargo of the levels set out in Appendix 13 (“Minimum Guaranteed Cargo”) and agrees that except as provided in this Agreement, it shall not be entitled to any relaxation of its guarantee in this respect.
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Minimum Guaranteed Cargo. APPENDIX 14 ...................................................................................................................................
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Minimum Guaranteed Cargo. The Concessionaire hereby unconditionally guarantees the Concessioning Authority annual cargo of the levels set out in Appendix 14 (“Minimum Guaranteed Cargo”) and agrees that except as provided in this Agreement, it shall not be entitled to any relaxation of its guarantee in this respect. In the event the concessionaire is not able/likely to utilize the project facilities for a continuous period of 48 hours, the Authority shall be entitled to use the project facilities on the following terms and conditions without any relaxation in ; 24Minimum Guarantee Cargo obligation of concessionaire. [Terms and conditions to be specified]
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Minimum Guaranteed Cargo. The Concessionaire hereby unconditionally guarantees a minimum annual riverine cargo throughput as per below schedule starting from the 4th (fourth) anniversary of COD. In the event that minimum annual riverine cargo throughput is not met, the Concessionaire shall pay Royalty commensurate with minimum annual riverine cargo as laid out in this Article 7.1.13. The Concessionaire agrees that, except as provided in this Agreement, it shall not be entitled to any relaxation of this guarantee. S No Year after COD Minimum annual riverine cargo throughput (mmtpa) 1 5 to 7 0.21 2 8 to 10 0.42 3 11 to 13 0.81 4 14 to 16 1.19 5 17 to 19 1.58 6 20 to 22 1.75 7 23 onwards 1.92 Indemnity against claims for loss of goods
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Minimum Guaranteed Cargo. A. The Operator is required to provide a guarantee for a minimum traffic to be handled through barge/ ship movement from JNPT to Mumbai port. The selected operator should ensure that a total traffic of 24,000 TEUs per annum (i.e. average monthly traffic of 2000 TEUs) for the second year of commercial operations, and 36,000 TEUs per annum (i.e. average monthly traffic of 3000 TEUs) for the subsequent years of commercial operations (i.e. third, fourth, fifth, sixth and seventh year of commercial operations) is handled as part of this project. If the operator fails to meet the minimum traffic requirement as per Appendix 5 (a), a penalty will be imposed as follows:
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Related to Minimum Guaranteed Cargo

  • Guaranteed Energy Production (A) Throughout the Delivery Term, Seller shall be required to provide to Buyer an amount of Delivered Energy plus Deemed Delivered Energy, if any, no less than the Guaranteed Energy Production over two (2) consecutive Contract Years during the Delivery Term (“Performance Measurement Period”). “

  • Basis of Guaranteed Maximum Price The Design-Builder shall include with the GMP Proposal a written statement of its basis, which shall include:

  • Guaranteed Maximum Costs The City’s payment obligation to Contractor cannot at any time exceed the amount certified by City’s Controller for the purpose and period stated in such certification. Absent an authorized Emergency per the City Charter or applicable Code, no City representative is authorized to offer or promise, nor is the City required to honor, any offered or promised payments to Contractor under this Agreement in excess of the certified maximum amount without the Controller having first certified the additional promised amount and the Parties having modified this Agreement as provided in Section 11.5, “Modification of this Agreement.”

  • Guaranteed Maximum Price (GMP Construction Manager guarantees that it shall not exceed a Guaranteed Maximum Price (GMP) of Eight Hundred Thirty Thousand, Two Hundred Twenty Dollars and Forty-Five Cents ($830,220.45) for the identified Sub-Project.

  • Guaranteed Maximum Price The anticipated Guaranteed Maximum Price for the Project at the time this Agreement is executed is: Fifty Million, Six Hundred Four Thousand, Eight Hundred Fifty-Five and no/100 Dollars ($ 50,604,855.00);

  • 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.

  • Maximum Obligation Contract Enter total maximum obligation for total duration of this contract (or new total if Contract is being amended). $ . PROMPT PAYMENT DISCOUNTS (PPD): Commonwealth payments are issued through EFT 45 days from invoice receipt. Contractors requesting accelerated payments must identify a PPD as follows: Payment issued within 10 days % PPD; Payment issued within 15 days % PPD; Payment issued within 20 days % PPD; Payment issued within 30 days % PPD. If PPD percentages are left blank, identify reason: agree to standard 45 day cycle statutory/legal or Ready Payments (M.G.L. c. 29, § 23A); only initial payment (subsequent payments scheduled to support standard EFT 45 day payment cycle. See Prompt Pay Discounts Policy.)

  • Data Not Guaranteed The Customer expressly agrees that any data or online reports is provided to the Customer without warranties of any kind, express or implied, including but not limited to, the implied warranties of merchantability, fitness of a particular purpose or non-infringement. The Customer acknowledges that the information contained in any reports provided by you is obtained from sources believed to be reliable but is not guaranteed as to its accuracy of completeness. Such information could include technical or other inaccuracies, errors or omissions. In no event shall you or any of your affiliates be liable to the Customer or any third party for the accuracy, timeliness, or completeness of any information made available to the Customer or for any decision made or taken by the Customer in reliance upon such information. In no event shall you or your affiliated entities be liable for any special incidental, indirect or consequential damages whatsoever, including, without limitation, those resulting from loss of use, data or profits, whether or not advised of the possibility of damages, and on any theory of liability, arising out of or in connection with the use of any reports provided by you or with the delay or inability to use such reports.

  • No Guaranteed Work Work authorizations are issued at the discretion of the State. While it is the State's intent to issue work authorizations hereunder, the Engineer shall have no cause of action conditioned upon the lack or number of work authorizations issued.

  • Performance Guarantee 9.4.1 The Concessionaire shall, for the performance of its obligations hereunder during the Concession Period, provide to the Authority no later than [90] days prior to expiry of the Performance Security, an irrevocable and unconditional guarantee from a Bank for a sum equivalent to Rs. ***** crore (Rupees ***** crore)7 in the form set forth in Schedule-FF (the “Performance Guarantee”). Until such time the Performance Guarantee is provided by the Concessionaire pursuant hereto and the same comes into effect, notwithstanding anything contained in clause 9.3 the Performance Security shall remain in force and effect, and upon such provision of the Performance Guarantee pursuant hereto, the Authority shall release the Performance Security to the Concessionaire.

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