Common use of Price proportional to the Reloaded Quantity Clause in Contracts

Price proportional to the Reloaded Quantity. For every Month M, the price proportional to the Reloaded Quantity (PQRm) shall be equal to the maximum between the Contractual Reloaded Quantity for the Month (QRCm) and the Reloaded Quantities at the Terminal over the Month (QRm) multiplied by the Reloaded Quantity Rate (TQR): PQRm = MAX(QRCm ; QRm) x TQR euros

Appears in 4 contracts

Samples: www.elengy.com, www.elengy.com, www.elengy.com

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Price proportional to the Reloaded Quantity. For every each Month M, the price PQRM price, proportional to the Reloaded Quantity (PQRm) shall be Quantity, is equal to the product of QR M, which is the combined total of the Unloaded Quantities over the Month at the Terminal, multiplied by the TQR: o PQRM = QRM x TQR euros The price used will be the maximum between the Contractual Reloaded Quantity for the Month Shipper's minimum payment obligation (QRCmPQRPM) and the Reloaded Quantities at the Terminal over the Month price calculated above (QRm) multiplied by the Reloaded Quantity Rate (TQR): PQRm = MAX(QRCm ; QRm) x TQR eurosPQRM).

Appears in 1 contract

Samples: www.fosmax-lng.com

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