Excess Quantities definition

Excess Quantities means any quantities of the relevant Product Group that exceed the Maximum Inventory (as may be adjusted pursuant to Section 6.4) for such Product Group.
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Excess Quantities shall have the meaning as such term is defined in Section 3.3 of this Agreement.
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Excess Quantities has the meaning specified in Section 4.2(c); “[***]” has the meaning specified in Section 5.8;
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Examples of Excess Quantities in a sentence

  • Delivery of Excess Quantities (Sept 1989) (Applies to fixed-price supplies).

  • Delivery of Excess Quantities (SEPT 1989) (Applies to fixed-price supplies).

  • Delivery of Excess Quantities (JAN 2003) The contractor is responsible for the delivery of each item quantity within allowable variations, if any.

  • Delivery of Excess Quantities (Sept 1989) (Applies to fixed- price supplies).

  • For example, if there is a 7% imbalance, Excess Quantities that make up the first 2% of the Imbalance will be priced at 100% of the Monthly Index Price.

  • The volumetric difference, after any imbalance trading has occurred pursuant to Section E29.5, will result in Excess Quantities or Deficient Quantities.

  • In cases where Nominating Agent’s Imbalance results in Excess Quantities, Company shall pay Nominating Agent the following based on the Monthly Imbalance percentage:Cashout Price for the Excess Imbalance Percentage (Tier) Quantities Greater of first 100 MMBtuOr 0% up to 2% 100% of Monthly Index Price> 2% Up to 5% 80% of Monthly Index Price> 5% 60% of Monthly Index Price For purposes of determining the tier at which an Imbalance will be cashed out, the price will apply only to volumes within a tier.

  • If the Nominating Agent nominated gas on multiple Dry Receipt Points, Company shall aggregate Excess Quantities and Deficient Quantities for all Alpena System Dry Points separately from Non-Alpena System Dry Points.

  • Excess Quantities making up the remaining 2% of the Imbalance will be priced at 60% of the Monthly Index Price.

  • Excess Quantities making up the next 3% of the Imbalance will be priced at 80% of the Monthly Index Price.


More Definitions of Excess Quantities

Excess Quantities shall have the meaning given to that term in ----------------- Section 2.02(b).
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Excess Quantities shall have the meaning assigned to such term in Section 4.3(b)(ii).
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Related to Excess Quantities

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

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

  • 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.

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

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

  • 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.

  • 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.

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

  • 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.

  • 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.

  • Bills of Quantities means the priced and completed Bill of Quantities forming part of the tender[where applicable].

  • 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;

  • SCHEDULE OF QUANTITIES, BILL OF QUANTITIES means the Schedule or Quantities as specified and forming part of contract.

  • Bulk gasoline plant means a gasoline storage and distribution facility with an average daily throughput of 20,000 gallons (76,000 liters) of gasoline or less on a 30-day rolling average.

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

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

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Paying quantities as used herein shall mean and refer to quantities of oil and gas or of either of them sufficient to pay for the current cost of producing same.

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

  • Feedstock means a solid waste that will readily decompose during the composting process including but not limited to yard waste, agricultural waste, animal waste, food scraps, animal carcasses, raw rendering material, and mixed solid waste.

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

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

  • 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.

  • iron ore pellets means iron ore in pellet or other form produced by Pelletisation or more advanced reduction or other more advance treatment process from iron bearing material mined from the mining areas.