Failed Quantity definition

Failed Quantity shall have the meaning ascribed to it in Clause 5.5.1;
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Failed Quantity shall have the meaning as ascribed to it in the clause 4.9.1 dd) “First Delivery Date” shall have the meaning ascribed to it in Clause 2.6
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Failed Quantity shall have the meaning ascribed to it in Clause 3.12 “Final Invoice” shall have the meaning ascribed to it in Clause 7.4.
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Examples of Failed Quantity in a sentence

  • The Level of Delivery/ Level of Lifting that would cause compensation for the Failed Quantity payable by the defaulting Party, as mentioned in the table above, may be reviewed by the Seller in light of its Coal availability and Coal commitments, and amended accordingly on year-to-year basis at the sole discretion of the Seller during the term of the Agreement.

  • He said there is some consideration for moving that deadline to March 1, which would make the budget process easier for the locality.

  • Level of Lifting that would cause compensation for the Failed Quantity payable by the defaulting Party, as mentioned in the table above, may be reviewed by the Seller in light of its Coal availability and Coal commitments, and amended accordingly on year-to-year basis at the sole discretion of the Seller during the term of the Agreement.

  • Failed Quantity shall be payable by the defaulting Party to the other Party within a period of 15 (fifteen) days from the date of receipt of a claim in this regard from the non-defaulting Party.

Related to Failed Quantity

  • MMBtu means one million British Thermal Units.

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

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

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

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.