Examples of Take or Pay in a sentence
Determination of Winner – Take or Pay Procedures: (1) Once the dealer has dealt the first two cards to each player, the dealer must determine if any of the players that bet the Lucky Ladies™ wager have a hand whose first two cards total 20.
For clarity, an Expansion Tariff will be calculated based on contracted volumes and, when a Take or Pay applies to the Expansion, it will be calculated in accordance with clause 3.3(n) of Schedule F.
It includes a Take or Pay of 100% equivalent to 84.1MMpcd which should be paid in the month the service is rendered.
Licensee is not in favour of further introduction of Take or Pay Tariff.
It is also clarified to the Assured that the percentage of annual contracted quantity fixed with respect to Take or Pay obligations in the FSA may be reviewed by the Seller in light of its coal availability and coal commitments, and amended on year-to-year basis during the term of the FSA.