Quotational Period definition
Quotational Period means the Period defined in Article 5 of the Long Term Slag Sales Agreement or in Article 6.2 in the Long Term Cobalt Alloy Sales Agreement. WEIGHTS AND MEASURES 1 (metric) ton = 2,204.6 pounds avoirdupois 1 dmt or ts = 1 dry metric ton 1 wmt or th = 1 wet metric ton TAKEN INTO USAGE means the taking of the Cobalt Alloy either directly from the ordinary commercial raw material Stock or alternatively from the Buffer Stock as a complement of the KOKKOLA Processing Plant.
Quotational Period means the Period defined in Article 5 of the Long Term Slag Sales Agreement or in Article 6.2 in the Long Term Cobalt Alloy Sales Agreement. WEIGHTS AND MEASURES 1 (metric) ton = 2,204.6 pounds avoirdupois 1 dmt or ts = 1 dry metric ton 1 wmt or th = 1 wet metric ton
Quotational Period has the meaning set forth in Section 7.6.
Examples of Quotational Period in a sentence
The Friday’s date shall be used to determine within which Quotational Period the Friday’s price will be used to determine the average price per ounce.
The average price for any such Quotational Period shall be calculated by totalling the Dollar equivalents of the daily prices and dividing such total by the number of pricing days in such period.
In case of direct delivery, the Cobalt and Copper Quotational Period is the month following the month of the delivery of Cobalt Alloy to KOKKOLA, FINLAND.
The payment by the BUYER to the SELLER for each delivery, except for the deliveries to the Buffer Stock, shall be made as follows: The payments by the BUYER shall be made within twenty calendar days from the end of each Quotational Period.
The payments by the PURCHASER shall be made within thirty calendar days from end of each Quotational Period.
More Definitions of Quotational Period
Quotational Period shall have the meaning set forth in Section 8.4 of this Agreement.
Quotational Period means the second month after the month of arrival at Buyer’s facility.
Quotational Period means the Period defined in Article 5 of the Long Term Slag Sales Agreement or in Article 6.2 in the Long Term Cobalt Alloy Sales Agreement. WEIGHTS AND MEASURES
Quotational Period means, with respect to the Payable Copper contained in each shipment of the Contractual Tonnage for each of Contract Years 2010, 2011 and 2012, unless otherwise mutually agreed in writing by Buyer and Seller, at Buyer’s option, either the first calendar month following the month in which the Date of Arrival occurs (1MAMA), or the second calendar month following the month in which the Date of Arrival occurs (2MAMA), or the third calendar month following the month in which the Date of Arrival occurs (3MAMA), which shall be declared in writing by Buyer to Seller on a shipment by shipment basis by no later than the date of shipment, i.e. the ▇▇▇▇ of lading date. In case of the failure of Buyer to timely deliver its written declaration to Seller for the first shipment of the Contract Year 2010 Contractual Tonnage, the Quotational Period for Payable Copper for such shipment shall be deemed to be 2 MAMA. in case of the failure of Buyer to timely deliver its written declaration to Seller for the any ensuing shipment of Contract Year 2010, Contract Year 2011 or Contract Year 2012 Contractual Tonnage, the Quotational Period for Payable Copper for such shipment shall be deemed to be the same as the option declared (or deemed to have been declared) for the prior shipment. Amendment Number Five to Gresik CPSA 6
Quotational Period means, with respect to the Payable Gold and Payable Silver contained in each shipment of the Contractual Tonnage for each of Contract Years 2013, 2014, 2015, 2016 and 2017, unless otherwise mutually agreed in writing by Buyer and Seller, at Buyer’s option, either the month of scheduled shipment (▇▇▇▇) or the first calendar month following the month in which the Date of Arrival occurs (1MAMA), which shall be declared in writing by Buyer to Seller on a shipment by shipment basis by no later than the first day of ▇▇▇▇. In case of the failure of Buyer to timely deliver its written declaration to Seller for the first shipment of the Contract Year 2013 Contractual Tonnage, the Quotational Period for Payable Gold and Payable Silver for such shipment shall be deemed to be ▇▇▇▇. In case of the failure of Buyer to timely deliver its written declaration to Seller for any ensuing shipment of Contract Year 2013, Contract Year 2014, Contract Year 2015, Contract Year 2016 or Contract Year 2017 Contractual Tonnage, the Quotational Period for Payable Gold and Payable Silver for such shipment shall be deemed to be the same as the option declared (or deemed to have been declared) for the prior shipment.
Quotational Period means the applicable period determined in accordance with Section 7.07.
Quotational Period shall be, in MCSA’s option, on any number of LME trading days in the Delivery Month of each respective parcel. In the event that the LME discontinues or alters in any material respect its usual practice of quoting a price for Material, BMO shall notify MCSA, and BMO, in its reasonable discretion, shall select a substitute index or mechanism which shall thereupon become the method of determining the applicable price for Material hereunder until the LME resumes its usual practice of quoting such price.