Examples of Deliverable Quantity in a sentence
The Selling Clearing Member and the Buying Clearing Member shall have the obligation to notify their respective Seller(s) and Buyer(s) to take all necessary steps to ensure timely and proper delivery of the Deliverable Quantity.
The nominated Vessel should be in all manners ready for loading and carriage of the Deliverable Quantity at the time of loading, and capable of entering the Port of Loading and lawfully loading the Deliverable Quantity there.
The Buyer shall nominate a Vessel that is suitable and able to carry the Deliverable Quantity and to ensure that the nominated Vessel tanks, pipes and lines have been cleaned as per FOSFA (Federation of Oils, Seeds and Fats Associations) requirements as well as any other regulatory requirements by relevant authorities at the destination.
In this case, the Seller may load the Deliverable Quantity into the tanks allocated by the Vessel’s master at the Buyer’s risk.
Actual Loaded Quantity should not deviate from the Deliverable Quantity by more than 10MT.
If adequate supplies of Feedstock sufficient for WCC to generate and supply on a regular basis the Maximum Deliverable Quantity of Feedstock should cease to be regularly available at WCC’s Site for a commercially unreasonable period of time, then the Parties shall meet and confer to determine if they can reach a mutually acceptable solution and/or amendment of this Agreement.
Subject to Section 2.11(c) and the other provisions hereof, during the Term, Fulcrum shall as a matter of first priority accept all Feedstock supplied by WCC’s Site to satisfy 100% of Fulcrum’s requirements for Feedstock up to the Maximum Deliverable Quantity.
Prior to the Commercial Operation Date, Supplier shall supply and deliver to Fulcrum, and Fulcrum shall accept, at the Delivery Point, such amounts of Feedstock on a daily basis (up to the Maximum Deliverable Quantity each week) as are from time to time requested by Fulcrum by written notice to Supplier no less than five (5) Days prior to each date of requested delivery.
No less than 180 Days prior to the expected Commercial Operations Date, Fulcrum shall deliver to WCC a notice electing the Maximum Deliverable Quantity hereunder.
Buyer’s failure, in the ordinary course of business, to take delivery of the Deliverable Quantity by the Last Delivery Day, or the Extended Loading Window, as applicable.