Examples of Level of Lifting in a sentence
It is expressly clarified that no such revision in ACQ shall take place if the average Level of Lifting (LL), as per the foregoing, is greater than eighty percent (80%).
Level of Lifting with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Lifting (LL) = (ACQ-DDQ) X 100 ACQ Where: LL = Level of Lifting of Coal by the Purchaser during the Year.
Level of Lifting with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Lifting (LL) = (ACQ-DDQ) X 100 Where: LL = Level of Lifting of Coal by the Purchaser during the Year.
The Level of Delivery and Level of Lifting shall be with reference to the ACQ under this E-FSA.
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.
In the event that the Level of Delivery (LD) falls below thirty percent (30%) or the Level of Lifting (LL) falls below thirty percent (30%), the Purchaser or the Seller as the case may be, shall have the right to terminate this Agreement, within sixty (60) days of the end of the relevant Year after providing the other Party with prior written notice of thirty (30) days.
Notwithstanding, the ACQ shall be revised to the highest of the yearly quantities booked by the Purchaser in such three (3) years for the remaining two (2) years of the Agreement subject to average Level of Lifting (LL) by the Purchaser (as calculated in accordance with Clause 4.6.2) in the last three (3) years being less than eighty percent (80%).
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 with respect to a Year shall be calculated in the form of percentage as per the following formula: Where: LL = Level of Lifting of Coal by the Purchaser during the Year.
Level of Lifting with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Lifting (LL) = (ACQ-DDQ) X 100 Where LL = Level of Lifting of Coal by the Purchaser during the Year.