Examples of Harvest Year in a sentence
On or before September 30 of each year during the Term, Seller shall deliver to Purchaser an Annual Plan for the immediately following Harvest Year and a Forecast Plan.
In the event that Buyer’s harvest volumes exceed the minimum volume requirements for any Harvest Year as specified in Section 2.2, such excess harvest volume shall directly offset the corresponding volume requirement for the subsequent Harvest Year.
Purchaser shall purchase, collect and retain *** tons of Residual Biomass during Harvest Year 2007 and *** tons of Residual Biomass in Harvest Year 2008 from the harvest locations as set forth in Schedule 9.
Either party shall have the right to audit the other party’s compliance with the terms of this Agreement, including the terms of Articles 2, 3, 4 and 5 by notifying the party to be audited of the requesting party’s exercise of such right within six (6) months after the end of the Harvest Year for which the requesting party intends to exercise such right.
Each party shall have the right to audit the other party’s compliance with the terms of this Contract, including but not limited to the terms of paragraphs 3, 4, 5, 6 and 15, by notifying the other party of its exercise of such right within six (6) months after the end of the Harvest Year for which the requesting party intends to exercise such right.
The Obligated Volume shall equal the sum of (i) the Obligation Floor plus (ii) such portion of the Annual Harvest Option Volume that Purchaser elects to purchase during the upcoming Harvest Year.
The parties shall work together to jointly develop a mutually acceptable quarterly delivery schedule for such Harvest Year (the “Delivery Plan”), which Delivery Plan shall be agreed upon no later than December 1.
In accordance with the terms hereof, during the Term Purchaser covenants and agrees to purchase and receive from Seller and Seller covenants and agrees to sell, deliver and provide to Purchaser, in each Harvest Year, the Obligated Volume at the Delivery Point(s) specified by Purchaser.
The annual volume set forth in an Annual Plan (i) shall not vary by more than *** from the forecast volume for such Harvest Year as set forth in the previous year’s Forecast Plan, and (ii) shall not vary by more than *** from the forecast volume for such Harvest Year as set forth in the Forecast Plan delivered to Purchaser two years earlier.
In the event that Buyer’s harvest volumes exceed the minimum volume requirements for any Harvest Year as specified in Section 3.1(a), such excess harvest volume shall directly offset the corresponding volume requirement for the subsequent Calendar Year.