Examples of Undelivered Quantity in a sentence
In the event of full or partial failure to supply, Liquidated Damages @ 5% of the NDP shall be levied on the entire Undelivered Quantity.
The largest horizontal gradients (and hence strongest velocities) are located in gaps in the ridge to the north and south of Macquarie Island.
The remedies set out in this Article 11 shall be Seller's sole and exclusive remedy for Buyer's failure to take the Undelivered Quantity, without prejudice however to Seller's rights under Article 17.
They will be stored for the period necessary to achieve the above-mentioned purposes, but not longer than 1 month from the time they are obtained.
The price which Buyer pays to replace Undelivered Quantity is the “Replacement Price.” The invoice from Buyer to Seller for any amount owed by Seller to Buyer pursuant to this Section 3(a) shall include a written statement explaining in reasonable detail the calculation of such amount.
The Prior Year Undelivered Quantity Credit means the difference between (1) the Stored Water Rate times the Prior Year Undelivered Quantity times one hundred ten percent (110%) minus (2) one-half the Stored Water Rate times the Prior Year Undelivered Quantity times one hundred twenty five percent (125%) (if a Reservation Surcharge was then in effect) or one hundred percent (100%) (if no Reservation Surcharge was then in effect).
In any case of a failure by Seller to deliver all or part of the Product by the Transfer Deadline pursuant to this Section 3(a), Buyer shall use commercially reasonable efforts to purchase replacement Product for the Undelivered Quantity.
Selection of the appropriate auction type is critical to facilitating the transfer of goods and services.Most individuals are familiar with the traditional English auction.
The "Prior Year Undelivered Quantity" shall mean, for the prior year, the lesser of fifteen percent (15%) of the Committed Purchased Quantity or the difference between the Committed Purchased Quantity and the Delivered Quantity.
Buyer shall pay to Supplier an amount equal to the product of the Undelivered Quantity and the Contract Price specified in the Confirmation Notice applicable to such Cargo (the “Deemed Delivery Amount”).