Agreed Quantity definition

Agreed Quantity means the Agreed Quantity as set out in the Term Sheet; “Artist” means the Artist as set out in the Term Sheet;
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Agreed Quantity means the quantity of milk purchased in advance in terms of this Agreement calculated by dividing the Net Loan Proceeds by the price per litre agreed by the parties in terms of Clause 3.6”
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Agreed Quantity means on any Delivery Date:
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Examples of Agreed Quantity in a sentence

  • For the avoidance of doubt, any extension of the Term pursuant to this Clause 3.1 is in respect of the Term only, and the Agreed Quantity as set out in the Term Sheet shall continue to apply.

  • The Parties agree that the Advance Payment shall be credited against the Product Deliveries and shall be calculated as follows (the “Advance Payment Credit”): Calendar Year Agreed Quantity Advance Payment Credit per kg.

  • During any Supply Day, but subject to Seller fulfilling its obligations under clause 5.1, Buyer must take delivery, at the Delivery Point, of a quantity of Gas equal to the Agreed Quantity for that Supply Day.

  • If Seller fails to deliver or comply with any of its obligations under this Agreement in respect of all or any part of an Agreed Quantity then, subject to clause 9.2, Seller will pay to Buyer the amounts specified in Item 12 in the Schedule for each Day on which such failure occurs.

  • Subject to clause 7.4, during each Supply Day Seller will deliver to the Delivery Point a quantity of Gas equal to the Agreed Quantity for that Supply Day.

  • Each Nominated Quantity will be deemed to be the Agreed Quantity for the relevant Supply Day.

  • Seller and Buyer may vary an Agreed Quantity at any time, by agreement in writing.

  • For the avoidance of doubt, any extension of the Term pursuant to this Clause is in respect of the Term only, and the Agreed Quantity as set out in the Term Sheet shall continue to apply.

  • If SunPower fails to purchase the Agreed Quantity as set forth in Section 3.1 for any given calendar year for any reason whatsoever, without prejudice to DCC’s right to terminate this Agreement pursuant to Section 10.2.2 hereof, DCC shall be entitled to liquidated damages equivalent to the price of the Agreed Quantity that SunPower has failed to purchase in the applicable calendar year and if remaining, such liquidated damages shall be set off against the Advance Payment.

  • Thereafter, by January 15th of each calendar year, SunPower shall deliver the annual requirement of the Product (up to the Agreed Quantity) to DCC, broken down in the Monthly Base.


More Definitions of Agreed Quantity

Agreed Quantity has the meaning ascribed to it in Section 3.1.
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Agreed Quantity means the Agreed Quantity as set out in the Term Sheet;
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Agreed Quantity means for any given Supply Day the quantity of Gas specified as the "Agreed Quantity" for that Supply Day in accordance with Item 7 of the Schedule; Agreement means the binding legal agreement for the sale and purchase of Gas between Buyer and Seller, comprising the GSA and incorporating these Standard Terms (as may be varied from time to time by Buyer and Seller in accordance with clause 20); Agreement Date means the date of the GSA; Available Quantity means, for any given Supply Day the quantity of Gas that Seller makes available to Buyer for purchase by Buyer in accordance with clause 4; Buyer means the Party named as "Buyer" in Item 2 of the Schedule and includes its successors and permitted assigns; Deliver means to make available at the Delivery Point and "delivered" has a corresponding meaning; Delivery Point means the point at which Gas is delivered by Seller to Buyer, as specified in Item 6 of the Schedule; Distribution Network has the same meaning as distribution system in Section 2(1) of the Gas Act 1992; Force Majeure Event means an event or circumstance beyond the reasonable control of a Party, which results in or causes a failure by a Party in the performance of any obligations imposed on it by this Agreement notwithstanding the exercise by such Party of reasonable care and subject to the foregoing shall include any such event or circumstance which may cause the Industry Contingency Plan to be invoked and includes an MPOC Event; GSA means the "Gas Supply Agreement (incorporating Wholesale Market Standard Terms: Version 2007-1)" executed by Xxxxx and Seller; Maximum Available Quantity means the maximum amount of Gas specified in Item 7 of the Schedule for which Xxxxx is able to nominate; Minimum Available Quantity means the minimum amount of Gas specified in Item 7 of the Schedule for which Xxxxx is able to nominate;
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Related to Agreed Quantity

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • MMBtu means one million British thermal units.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Bill of Quantities means the priced and completed Bill of Quantities forming part of the tender.

  • Biodiesel fuel means a renewable, biodegradable, mono alkyl ester combustible liquid fuel derived from agricultural plant oils or animal fat such as, but not limited to, soybean oil. For purposes of this definition, “biodiesel fuel” must also meet the specifications of American Society for Testing and Material Specifications (ASTM) D 6751-02, “Standard Specification for Biodiesel Fuel (B100) Blend Stock for Distillate Fuels,” and be registered with the U.S. Environmental Protection Agency as a fuel and a fuel additive under Section 211(b) of the Clean Air Act, 42 U.S.C. Sections 7401, et seq. as amended through November 15, 1990.

  • Base Capacity Demand Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources and the clearing price for Base Capacity Resources and Capacity Performance Resources, representing the cost to procure additional Base Capacity Resources or Capacity Performance Resources out of merit order when the Base Capacity Demand Resource Constraint is binding.

  • Supply Point means the point of connection between the licensed network and your apparatus or equipment.

  • Production Unit means a facility for generation of electricity made up of a single generation unit or of an aggregation of generation units;

  • Contract Unit Price means the total price per unit charged to DLA Troop Support for a product delivered to DLA Troop Support’s customers. The Contract unit price consists of three components: delivered price plus distribution price less Government rebates and discounts. The unit price sum of the three component prices shall be rounded up or down as applicable, to the nearest cent to determine the final Contract unit price.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department of agriculture.

  • FOB means Free on Board

  • Diesel fuel means the same as that term is defined in Section 59-13-102.

  • Biodiesel blend means a fuel comprised of a blend of biodiesel fuel with petroleum-based diesel fuel, suitable for use as a fuel in a compression-ignition internal combustion diesel engine.

  • Dyed diesel fuel means diesel fuel that meets the dyeing and marking requirements of 26 U.S.C.

  • tons means the gross tonnage calculated in accordance with the tonnage measurement regulations contained in Annex I of the International Convention on Tonnage Measurement of Ships, 1969; the word “tonnage” shall be construed accordingly.

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.