Buyer Nominated Quantity definition
Buyer Nominated Quantity means the estimated quantity of Sales Gas (in MMSCMD) as nominated by the Buyer to the Seller in accordance with Clause 5 of this Agreement.
Buyer Nominated Quantity or “BNQ” shall mean the estimated quantity of Sales Gas (in SCMD) as nominated by the Buyer to the Seller in accordance with Clause 5 of this Agreement.
Buyer Nominated Quantity means the estimated quantity of Sales Gas (in SCMD) as nominated by the Buyer to the Seller in accordance with Clause 5 of this Agreement.
Examples of Buyer Nominated Quantity in a sentence
Buyer shall be required to notify Buyer Nominated Quantity within three (3) days from Sellers’ notification of REQ.
The actual quantity of Gas supplied by the Seller and offtaken by Buyer at the end of each Day shall be between ninety five percent (95%) and one hundred and five percent (105%) of the Buyer Nominated Quantity and shall be considered as Sales Gas.