Monthly Nomination Clause Samples
The Monthly Nomination clause establishes the process by which one party specifies the quantity of goods or services to be delivered or received each month under a contract. Typically, this involves the buyer providing advance notice to the seller of the required amounts for the upcoming month, often within a set timeframe and subject to minimum or maximum limits. This clause ensures both parties can plan and allocate resources efficiently, reducing uncertainty and helping to balance supply with demand.
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Monthly Nomination. The Customer may nominate to the Provider daily quantities of the Injection Gas or the Withdrawal Gas at the Delivery Point. Said Nomination shall be sent prior to the eighteenth (18th) Day of each Calendar Month for each Storage Day of the following Month. Subject to Articles 5.1 and 5.2 hereof, the hourly quantities of a day shall correspond to 1/24 of the daily quantity.
Monthly Nomination. No later than the first (1st) day of each month of the Term, Coffeyville shall provide a preliminary nomination, via facsimile to Vitol, of the volume of Crude Oil it desires Vitol to purchase from Counterparties for the following month. Such nomination shall specify the anticipated delivery of Crude Oil by volume and grade. In addition, by the twenty-fifth (25th) day of each month during the Term, Coffeyville will advise Vitol via facsimile of its crude requirements for the Refinery for the following month (each, the “Monthly Crude Nomination”). The Monthly Crude Nomination shall be consistent with the blending program established by Coffeyville with the Terminal Operators.
Monthly Nomination. On or before twelve (12) Business Days prior to the first Business Day of the next Month, Haverhill will provide Sunoco with a nomination specifying the estimated amount of Natural Gas to be supplied and delivered to Haverhill by Sunoco for each day during such Month.
Monthly Nomination. On or before the 23rd day of each calendar month during the term of this Agreement, PURCHASER will notify SELLER of its nomination for the amount of Product to be sold and consumed at Berre and the total amount of Product built-up in SELLER’s stock for export on behalf of PURCHASER for each month on the basis of a rolling three months programme. The nomination (being the sum of the amount to be consumed by PURCHASER and any accumulated stock) for the first month of any three month rolling programme (the “Month One Nomination”) shall be binding for both Parties unless – for the avoidance of doubt – so excused by Force Majeure in accordance with clause 14 and shall:
Monthly Nomination. Buyer shall nominate the total monthly Sale Oil quantity by giving Notice. Except when the additional notice provisions of Section 2.1.6 are invoked by Lessees, a monthly nomination shall be effective on the first Day of the Month following expiration of a minimum of one hundred Days after the Notice of Buyer’s nomination. The State will make commercially reasonable efforts to nominate, in accordance with applicable Unit Agreements, percentages of the State’s estimated Royalty Oil volume from one or more Units, at the State’s discretion, that will equal the Sale Oil quantity nominated by the Buyer. Buyer agrees to accept the volume of Royalty Oil delivered in accordance with the State’s nomination. See Appendix 1 for an illustration of the State’s nomination procedure for Sale Oil nominated from the Prudhoe Bay Unit for July 2004.
Monthly Nomination. By providing Haverhill Written notice thereof on or before the fifteenth (15th) Business Days of each Month, Sunoco shall nominate the amount of Steam between the Anticipated Minimum Steam Amount and the Maximum Steam Supply Obligation it desires to source from Haverhill for its production process in the upcoming Month (the “Nominated Steam Amount”). For the avoidance of doubt, the Nominated Steam Amount shall include the Steam necessary for Sunoco to operate the Steam Condensing Facilities. If Haverhill reasonably believes it will be unable to provide the Nominated Steam Amount, Haverhill shall notify Sunoco within five (5) Business Days of receipt of Sunoco’s nomination. Such notification will set forth the amount of Steam Haverhill reasonably believes it will be able to provide during the upcoming Month; provided, that such notification shall be for operational purposes only and any Steam Delivery Shortfalls shall be calculated based upon the Nominated Steam Amount.
Monthly Nomination. On or before 12:00 Noon Central Time and three business Days prior to the first Day of the following Month, Buyer will provide Seller with a nomination specifying the total daily quantity of Gas to be purchased and received under this Agreement for each Day during the following Month, ("Daily Nominated Quantity"). Such nomination by Buyer shall include the volumes indicated as Peak Period Index Baseload or Off-Peak Period Baseload Index volumes pursuant to section 3.1.1 below.