Annual Contracted Quantity definition

Annual Contracted Quantity or “ACQ” shall have the meaning as ascribed to it in Clause 4.1
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Annual Contracted Quantity or “CQ” shall have the meaning as ascribed to it in Clause 4.1
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Annual Contracted Quantity or “ACQ” means the quantity of Coal set out in Clause 8
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Examples of Annual Contracted Quantity in a sentence

  • For part of a Year, the Annual Contracted Quantity shall be pro-rated accordingly.

  • Schedule - I - Annual Contracted Quantity (ACQ) Schedule - II - Quality of Coal Schedule - III - Bank Guarantee format for Security Deposit Schedule - IV - Bank Guarantee format for Financial Coverage against Coal Supplies.

  • The Annual Contracted Quantity shall be supplied as per the provisions of this Clause 5 and Clause 8.

  • The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser, shall be lakh tonnes per Year from the Seller’s mines in the coal field and/ or from international sources.

  • The amount of Performance Security is and shall continue to be for a value computed as per the following formula: In the event of any adjustment in the Annual Contracted Quantity in accordance with Clause 5.2, the amount of Performance Security shall not be revised.

  • The amount of Performance Security is and shall continue to be for a value computed as per the following formula: If the Annual Contracted Quantity comprises coal from multiple Lots, the Performance Security shall be computed on the basis of respective quantities, corresponding Notified Prices and Winning Premiums for each Lot.

  • The Annual Contracted Quantity shall be supplied from the Effective Date for Supply as per the provisions of this Clause 5 and Clause 8.

  • The Annual Contracted Quantity shall be supplied as per the provisions of this Clause 6 and Clause 9.

  • The Corporation shall supply coal as per the coal quantity allotted and made available by coal company and the consumer unit/ purchaser shall purchase the Annual Contracted Quantity of (ACQ) of tonnes ( ) of Coal per annum, as fixed by Corporation subject to availability with the coal company, and lift the same from the delivery point as fixed by the Corporation.

  • The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser shall be [insert number] tonnes per Year as set out in SCHEDULE I, (“ACQ”).


More Definitions of Annual Contracted Quantity

Annual Contracted Quantity or “ACQ” means the quantity of Coal to be delivered annually by TPO to SCCL which shall be equal to the quantity specified in Section A23 of this NIT for respective operating year.
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Annual Contracted Quantity or “ACQ” shall mean the quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser on an annual basis commencing from the First Delivery Date, as specified in Fuel Supply Agreement (FSA);
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Annual Contracted Quantity or “ACQ” means the quantity of Coal to be delivered annually by the successful bidder to SCCL which shall be equal to the quantity specified in clause 15 of Chapter-III for the respective APP(s).
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Annual Contracted Quantity means the total quantity of Products to be sold and purchased via Call Off Contract(s) throughout each 12-month period of this Agreement as specified in Schedule Part 1;
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