Required Delivery Quantity definition

Required Delivery Quantity means the amount of MMBtus of Natural Gas to be delivered and received during a given Delivery Month pursuant to this Agreement as agreed upon in the Confirmation Letter.
Required Delivery Quantity means the number of Barrels of Crude Oil to be delivered and received during a given Delivery Month pursuant to this Agreement as agreed upon in the Confirmation Letter.

Examples of Required Delivery Quantity in a sentence

  • The Seller is obligated to deliver to the Purchaser and the Purchaser is obligated to receive from the Seller, at the Delivery Points, the Required Delivery Quantity of Natural Gas in accordance with the terms and conditions of this Agreement.

  • The Confirmation Letter shall specify a mutually acceptable Prepaid Price (which shall be approximately U.S. $500,000,000), the date on which the Prepaid Price shall be paid (which shall not be later than December __, 2000), and for each Delivery Month, the Delivery Points, the Required Delivery Quantity, and the amount thereof to be delivered and received at each such Delivery Point, each as mutually agreed by the Purchaser and the Seller.

  • Each month during the term of this Agreement, the Purchaser shall provide the Seller appropriate evidence that the Required Delivery Quantity of Natural Gas was resold to a third party in accordance with the sale for resale exemption under applicable state law.

  • In consideration of the payment to the Seller of the Prepaid Price, the Seller hereby agrees to sell and deliver, or cause to be delivered to the Purchaser or to the account of the Purchaser, in each Delivery Month, at the Delivery Points, the Required Delivery Quantity of Natural Gas (in the amounts set forth in the Confirma­tion Letter) on the terms and conditions set forth in this Agreement, and the Purchaser hereby agrees to accept delivery of such Natural Gas.

  • In consideration of the payment to the Seller of the Prepaid Price, the Seller hereby agrees to sell and deliver, or cause to be delivered to the Purchaser or to the account of the Purchaser, in each Delivery Month, at the Delivery Points, the Required Delivery Quantity of Natural Gas (in the amounts set forth in the Confirmation Letter) on the terms and conditions set forth in this Agreement, and the Purchaser hereby agrees to accept delivery of such Natural Gas.

  • The Confirmation Letter shall specify a mutually acceptable Prepaid Price (which shall be approximately U.S. $500,000,000), the date on which the Prepaid Price shall be paid (which shall not be later than December , 2000), and for each Delivery Month, the Delivery Points, the Required Delivery Quantity, and the amount thereof to be delivered and received at each such Delivery Point, each as mutually agreed by the Purchaser and the Seller.

  • If, other than as a result of an event of Force Majeure, Purchaser defaults in its obligation to accept delivery of and to pay for all or any part of the Required Delivery Quantity in respect of a Delivery Month at the Delivery Point, then Seller shall be entitled to sell the Deficiency Quantity to another buyer at fair market value.

  • Seller is obligated to deliver to Purchaser and Purchaser is obligated to receive from Seller, at the Delivery Point, the Required Delivery Quantity of Natural Gas in accordance with the terms and conditions of this Agreement.

  • Each month during the term of this Agreement, Purchaser shall, to the extent requested by Seller, provide Seller appropriate evidence that the Required Delivery Quantity of Natural Gas was resold to a third party in accordance with the sale for resale exemption under applicable state law.

  • Each month during the term of this Agreement, the Purchaser shall provide The Seller appropriate evidence that the Required Delivery Quantity of Natural Gas was resold to a third party in accordance with the sale for resale exemption under applicable state law.

Related to Required Delivery Quantity

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Scheduled Delivery Date means the Date on which the Seller is required to start delivering the power at the Delivery Point as per the terms and conditions of the PPA;

  • Notice Delivery Period means the period from and including the Trade Date, to and including a day that is three (3) Business Days following the date that is 14 calendar days after the Scheduled Termination Date. Section 1.23 (Notice Delivery Period) of the Credit Derivatives Definitions shall be amended accordingly.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Delivery Schedule means the schedule for the delivery of Services as set forth in attached Annex 3.

  • Delivery Point means the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • INTER-CONNECTION POINT/ DELIVERY/ METERING POINT means a single point at 220kV or above, where the power from the Project(s) is injected into the identified ISTS Substation (including the dedicated transmission line connecting the Projects with the substation system) as specified in the RfS document. Metering shall be done at this interconnection point where the power is injected into. For interconnection with grid and metering, the WPDs shall abide by the relevant CERC/ SERC Regulations, Grid Code and Central Electricity Authority (Installation and Operation of Meters) Regulations, 2006 as amended and revised from time to time.

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.1. Demand Bid:

  • Delivery Location means the Supplier's premises or other location where the Services are to be supplied, as set out in the Order;

  • Delivery Period means that period agreed in writing between the Parties in relation to Delivery of the Product or parts thereof by the Contractor, any delay in which shall be deemed a breach of this Agreement and entitle JOBURG MARKET to exercise its remedies in terms of this Agreement or at law.

  • Contract Quantity means the quantity of Gas to be delivered and taken as agreed to by the parties in a transaction.

  • Delivery vessel means tank trucks or trailers equipped with a storage tank and used for the transport of gasoline from sources of supply to stationary tanks of gasoline dispensing facilities.

  • Delivery Time means the time for Delivery stated in the Purchase Order.

  • Delivery sale means any sale of a vapor product to a

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Warrant Share Delivery Date shall have the meaning set forth in Section 2(d)(i).

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Delivery Day means a day other than a Saturday, a Sunday or any other day on which national banking associations are authorized to be closed. Any party may change its address for purposes of the receipt of notices and demands by giving notice of the change in the manner provided in this provision.

  • Delivery Term has the meaning set forth in Section 1.1(b).

  • Share Delivery Date shall have the meaning set forth in Section 4(c)(ii).

  • Delivery Amount has the meaning specified in Paragraph 3(a).

  • Expedited Deliverability Study means a deliverability study that an eligible Developer may elect to pursue as that term is defined in OATT Section 25 (OATT Attachment S) that may determine the extent to which an existing or proposed facility satisfies the NYISO Deliverability Interconnection Standard at its requested CRIS level without the need for System Deliverability Upgrades. The schedule and scope of the study is defined in Sections 25.5.9.2.1 and 25.7.1.2 of this Attachment S.

  • Delayed Delivery Fee shall have the meaning specified in paragraph 2H(2).