Failed Quantity definition

Failed Quantity shall have the meaning ascribed to it in Clause 5.6.1;
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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.

  • 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.

  • Level of Delivery / Lifting of Coal in a Year Rate of compensation for the Failed Quantity in terms of Base Price of the highest Grade, as shown in Schedule II Formula for calculation of compensation 1 Less than 100% but upto 50% of ACQ NIL NIL 2 Below 50% of ACQ 10% 0.1 x P x [((100-LD or LL) – 50)/100] x ACQ) where P shall be the simple average of base prices grades as shown in the Schedule II.

  • 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

  • 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.

  • 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.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

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

  • 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.