Examples of Regular Notice in a sentence
Should Buyer at any time require Gas in addition to the Firm Daily Contract Quantity, Daily Call Option, and Needle Peak Call Option, Buyer in its sole discretion may submit a request as a Regular Notice to Seller for Discretionary Gas and Seller may provide it at Seller’s sole discretion.
The model is structured according to the principles of Agile Manifesto and the Enterprise Agility Maturity Matrix tool is provided with the model.
If the Parties do not resolve the dispute within fifteen (15) Days after the meeting, either Party may seek to resolve the dispute in accordance with Section 15.5. Regular Notice, of its agreement or its reasons for any objections to Seller’s calculation and will include Buyer’s calculation of the Sales Price.
In order to manage weather fluctuations and customer conservation, which may result in a high storage inventory, on or before any August 1 during the Term, in each Contract Year, Buyer may require, by Regular Notice to Seller, a decrease of not more than five percent (5%) to the then-applicable Firm ACQ, as set forth in Section (C) below, for the following Contract Year (each, a “Minor Adjustment Notice”).
The Parties will meet within five (5) Days of Seller’s receipt of Buyer’s Regular Notice to attempt to agree on the Sales Price.
At least 24 Months prior to the relevant Contract Year, Buyer may, by Regular Notice, apply an increase (“Turn-Up Option”) or decrease (“Turn-Down Option”) to the Firm ACQ.
If (i) certain data or information for the Price Indexes is no longer available, or (ii) any Party, based on reasonable evidence, believes in good faith that (A) such data or information has been computed or published in error, or (B) the basis of calculating or reporting such data or information has changed so as to materially alter the validity of the Price Index Value determination as originally contemplated, then either Party may notify by Regular Notice the other Party of such deficiencies or beliefs.
On or before October 1 of each Year, Buyer will give Seller an updated Buyer’s Forecast for the next ten Years by Regular Notice.
Issuance of a Needle Peak Regular Notice will cause Buyer to incur a Needle Peak Reservation Fee as set forth in Section 7.1 below.
Any Claim Notice to us shall be sent by mail to Our Regular Notice Address, Attn: Legal Department (or such other address as we subsequently provide you).