Quarterly Quantity definition
Examples of Quarterly Quantity in a sentence
Such Quarterly Quantity shall be the same for all quarters, On-Peak and Off-Peak, except for Q2 Off-Peak.
TVA shall provide Contractor with a monthly shipment schedule indicating the dates and quantities of coal to be delivered to TVA consistent with TVA's Nominated Quarterly Quantity and the requirements of Subsection 2.a. Such schedule will be provided by TVA no later than fifteen (15) days prior to the beginning of the affected month.
For example, if Alien commits to supplying 100 units in a quarter, Buyer may buy 100 Tags or 100 Straps or 50 Tags and 50 Straps in that quarter, but the Quarterly Quantity Commitment does not include 75 Tags and 75 Straps shipped in that quarter.
Base Quarterly Quantity shall be defined as either of the following (at the election of the party receiving the termination notice): a) ***% of the Agreement Quantity for the then current year (current as of receipt of notice), or b) ***% of the total quantity shipped during the twelve (12) months prior to the date of termination notice.
The reschedule date is subject to the quantity and price limitations related to the Quarterly Quantity Commitment as provided in Section 2.6 and Exhibits B and D.
The Shipment Schedule shall provide for approximately equal monthly shipments in amounts not less than the Minimum Monthly Quantity that add up to the Minimum Annual Quantity of Products in the applicable Year and add up to the Minimum Quarterly Quantity in each of the four quarters of the applicable Year.
On the last closing date of Alien’s Next Financing, which the parties agree shall occur on or before July 21, 2003, (i) Buyer shall pay [***] as a deposit (the “Deposit”) toward the purchase of the Quarterly Quantity Commitments to Alien by wire transfer of immediately available funds to an account identified by Alien at least three (3) business days prior to the last closing date of Alien’s Next Financing and (ii) Alien shall deliver to Buyer a Warrant (in the form attached hereto as Exhibit J).
For those Purchase Orders that exceed the Quarterly Quantity Commitments for the applicable calendar quarter: (a) Alien will not be obligated to accept the Purchase Order; but (b) in the event Alien does accept the Purchase Order, Alien shall use commercially reasonable efforts to fill the Purchase Order.
Distributor shall purchase, on a take or pay basis, the following volume of Energy Servers for each of the periods set forth below (with respect to each quarter of each calendar year, the quantity indicated below for such quarter, the “Original Quarterly Quantity”): *2024 Original Quarterly Quantity subject to Section 2(e)(ii)(5) and 2(e)(iii).
Shipment quantities shall be as follows: • First calendar quarter – the Base Quarterly Quantity less ***%.