Deemed Cargo Quantity definition

Deemed Cargo Quantity means the deemed quantity of LNG expressed in MMBtus contained in each LNG Cargo to be delivered by Seller to Buyer as specified in the applicable Confirmation Notice.
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Examples of Deemed Cargo Quantity in a sentence

  • If, after using reasonable endeavours, the Parties are unable to reschedule the LNG Cargo during such forty-eight (48) hour period, this shall be treated as a “Deemed Failure to Deliver” and the LNG not delivered (being all or part of the Deemed Cargo Quantity) shall be considered a deficiency quantity (a “Deficiency Quantity”), and Seller shall pay to Buyer any sum due calculated in accordance with Clause 6.3.4 below and invoiced pursuant to Clauses 11.1.3 or 11.2.6 (as applicable).

  • If, after using reasonable endeavours, the Parties are unable to reschedule the LNG Cargo during such forty-eight (48) hour period, the efforts of Seller to tender such LNG shall be considered a “Deemed Delivery” and the LNG not taken (being all or part of the Deemed Cargo Quantity) shall be considered a deficiency quantity (a “Deficiency Quantity”) and Buyer shall pay to Seller any sum due calculated in accordance with Clause 6.2.4 below and invoiced pursuant to Clauses 11.1.2 or 11.2.5 (as applicable).

Related to Deemed Cargo Quantity

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in Section 3.1(e) and Cover Sheet Section D .

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

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

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • 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.

  • 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.

  • Harvest batch means a specifically identified quantity of dried flower or trim, leaves, and other cannabis plant matter that is uniform in strain, harvested at the same time, and, if applicable, cultivated using the same pesticides and other agricultural chemicals, and harvested at the same time.

  • Feedstock means any controlled substance or new substance that undergoes chemical transformation in a process in which it is entirely converted from its original composition and whose emissions are insignificant,

  • 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.

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

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

  • Small quantity generator means a generator who generates less than 1000 kg of hazardous waste in a calendar month.

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

  • Product Group or “the Group” means a group of lotteries that has joined together to offer a product pursuant to the terms of the Multi-State Lottery Agreement and the Product Group’s own rules.

  • 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;

  • Batch means a specific quantity of Product that is intended to have uniform character and quality, within specified limits, and is produced according to a single manufacturing order during the same cycle of manufacture.

  • Dyed diesel fuel means diesel fuel that is dyed in accordance with internal revenue service rules or pursuant to any other internal revenue service requirements, including any invisible marker requirements.

  • FOB means Free on Board

  • 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.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • 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.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.