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
Final settlement is based upon the average applicable price for the Quotational Period applied to the actual number of precious metal ounces recovered calculated using confirmed smelter weights and settlement assays.
The Company has concluded that the adjustments relating to the final assay results for the quantity of concentrate sold and the retroactive pricing adjustment for the Quotational Period are not significant and do not constrain the recognition of revenue.
Final settlement is based upon the average applicable price for the Quotational Period applied to the actual number of silver or gold ounces recovered calculated using confirmed smelter weights and settlement assays.
The payments by the PURCHASER shall be made within thirty calendar days from end of each Quotational Period.
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.
More Definitions of Quotational Period
Quotational Period means the second month after the month of arrival at Buyer’s facility.
Quotational Period shall have the meaning set forth in Section 8.4 of this Agreement.
Quotational Period means the applicable period determined in accordance with Section 7.06.
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 xxxx 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 (XXXX) 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 XXXX. 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 XXXX. 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 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.
Quotational Period means (i) for all sales of Aluminum by Century to Glencore hereunder (other than Special Sales and except as provided in Section 22(c)(i)), the *[Redacted]* in which the Aluminum is scheduled to be delivered to Glencore hereunder; provided that, the Quotational Period for January and February 2015 shall be * [Redacted]* and (ii) for all Special