Production Quarter definition
Examples of Production Quarter in a sentence
Payments based upon gold produced during a Production Quarter shall be made not later than sixty (60) business days following the end of the calendar quarter subsequent to Production Quarter.
In the event that gold is produced from the Kiewit Properties during any calendar quarter (the “Production Quarter”) but is not sold during the calendar quarter subsequent to the Production Quarter, the Purchaser shall receive payment for the value of such gold based upon the market value of gold on the last business day of the Production Quarter (the “Fair Market Value”).
Each such purchase order shall (A) reference this Agreement and the applicable Work Order, (B) identify the applicable Production Quarter and, if applicable, the desired start date of the Production Quarter, and (C) set forth the number of Batches of Product to be Manufactured with respect to such Production Quarter.