Annual Contract Quantity Sample Clauses

Annual Contract Quantity. The term “
Sample 1Sample 2
AutoNDA by SimpleDocs
Annual Contract Quantity. (a) The Annual Contract Quantity for each Contract Year shall (subject to variation in accordance with clauses 7.3 and 7.8) be as follows: Contract Year ACQ First Contract Year 1.2 PJ Second Contract Year 1.4 PJ Contract Years 3 to 10 inclusive 1.6 PJ Contract Years 11 to 21 inclusive up to 1.6 PJ as determined in accordance with clause 7.3(c) (b) Subject to Permitted Interruptions, Events of Force Majeure, Reserves Shortfall and the default of the Buyer, the Seller acknowledges and agrees that its basic obligation under this Agreement is to deliver against nominations made by the Buyer a minimum of 15.4 PJ of Gas within the period on and from the Commencement Date up to and including the tenth anniversary of that date. Subject to Clause 7.9, the ACQ for the 11th Contract Year will be increased to the extent necessary for the Seller to meet its basic obligation under this clause 7.3(b) to deliver against Nominations a minimum of 15.4
Sample 1
Annual Contract Quantity. 7.1.1 The annual contract quantity of LNG in respect of each full Contract Year shall be [***] MMBtu (the "ACQ"), which is equivalent to [***] tonnes per annum in accordance with the relevant heating value of the LNG. If a Contract Year contains less than three hundred and sixty-five (365) days, the ACQ shall be adjusted by the same proportion as the proportion to which the number of days in such Contract Year bears to the number of days in the corresponding calendar year.
Sample 1
Annual Contract Quantity. Except as performance may be expressly excused in accordance with this Agreement, in each Contract Year Seller shall sell and deliver, and Buyer shall purchase and lift, an aggregate quantity of Oil equal to seventy-five thousand (75,000) Barrels times the number of Days in such Contract Year, apportioned between Barrels of Oil of the Boscán type and the BCF-13 type as set forth in Exhibit 2 (the “Annual Contract Quantity”), subject to an annual tolerance of three hundred twenty-five thousand (325,000) Barrels for each such grade of Oil; provided that, with respect to the First Contract Year and the Final Contract Year, the annual tolerance shall not be prorated for such partial Year periods.
Sample 1
Annual Contract Quantity. (1) The Annual Contract Quantities under this Agreement are as follows: Contract Year Dates Annual Contract Quantity (MMcf) 1 01/01/15 through 12/31/15 2,427.25 2 01/01/16 through 12/31/16 5,215.50 3 01/01/17 through 12/31/17 7,975.25 4 01/01/18 through 03/31/18 2,009.25
Sample 1
Annual Contract Quantity. SECTION 6.1(ii) MAXIMUM OUTPUT: __ _ kWhs Billing Year Minimum Output (in kWh) Contract Quantity (in kWh) 6 7 8 9 10 11 12 13 14 15 16 17 18 20 [Etc.] [Extend for contract extensions] [Seller] [Seller Address] [Seller Address] SCHEDULE 7 FORM OF INSTALLATION NOTICE TO PROCEED _____ , 20 Re: Installation Notice to Proceed Dear ____ _: This Installation Notice to Proceed is delivered to you pursuant to Section 4.2 of that certain Solar Power Purchase Agreement by and between COUNTY OF FAIRFAX, VIRGINIA (“ Purchaser”) and SIGORA SOLAR LLC (“Seller”), dated as of _ __, 20__ (the “Agreement”). Capitalized terms used but not defined herein shall have the meanings given such terms in the Agreement. Purchaser hereby instructs Seller to commence installation of the System on , 20 . Pursuant to the Agreement: • The Commercial Operation Deadline is _ , 20__; • The date on which Purchaser and Seller expect the System to complete Final Completion (the “Expected Commercial Operation Date”) is __ _ __, 20__; and • The Installation Period shall begin on Commercial Operation Date. ____ __, 20__ and end on the Actual Sincerely, COUNTY OF FAIRFAX, VIRGINIA By: Name: Title: Acknowledged and Agreed to: SIGORA SOLAR LLC By: Name: _____ __ Title: _____ _ SCHEDULE 8 FORM OF FINAL COMPLETION CERTIFICATE Project Site: __ Contract Number: _ Purchaser: COUNTY OF FAIRFAX, VIRGINIA System Description: _ Contract Date: _ Seller: SIGORA SOLAR LLC This Final Completion Certificate is delivered to COUNTY OF FAIRFAX, VIRGINIA (“Purchaser”) pursuant to that certain Solar Power Purchase Agreement dated as of , 20__ (as amended, restated, supplemented or otherwise modified, the “ Agreement”), by and between Purchaser and SIGORA SOLAR LLC (“Seller”), dated as of _____ _ __, 20__ (the “Agreement”). Capitalized terms used but not defined herein shall have the meanings given such terms in the Agreement. The undersigned, in his capacity as an officer of Seller, hereby certifies that each of the conditions to Final Completion of the above described System set forth in the definition of Final Completion, other than Purchaser’s acceptance and signing of this Certificate, has been satisfied. The dateof Final Completion is the day after the date on which the last of the conditions to Final Completion, other th an Purchaser’s acceptance and signing of this Certificate, was satisfied and is hereby certified by the undersigned, as of: _____ . The Actual Commercial Operation Date for purposes of the Agreeme...
Sample 1
Annual Contract Quantity. Seller shall specify the final Annual Contract Quantity in the Facility Notice, but in no event shall (a) the final Annual Contract Quantity for the first Contract Year be more than five percent (5%) higher or lower than the Annual Contract Quantity for the first Contract Year set forth on Appendix C as of the Effective Date, nor (b) the final Annual Contract Quantity for any subsequent Contract Year have a degradation rate greater than four-tenths of one percent (0.4%) per Contract Year, regardless of whether the separately metered seventy (70) MW share of the Desert Harvest Project or the Maverick Project is the ongoing Facility.
Sample 1
AutoNDA by SimpleDocs
Annual Contract Quantity. The Annual Contract Quantity as of the Effective Date equals to Year 1 ACQ, the Year 26 ACQ, and the Annual Contract Quantity during each Contract Year between the foregoing shall be determined pursuant to Section 3.1.
Sample 1
Annual Contract Quantity. Seller shall specify the final Annual Contract Quantity in the Facility Notice, but in no event shall (a) the final Annual Contract Quantity for the first Contract Year be more than five percent (5%) higher or lower than...
Sample 1

Related to Annual Contract Quantity

  • CONTRACT YEAR A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • Minimum Monthly Rent Tenant shall pay minimum monthly rent (“Minimum Monthly Rent”) in the initial amount stated in Section 1.5, which amount shall be subject to increase as provided in Sections 1.5 and 4.3. Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand. If the Commencement Date is not the first day of a calendar month, the rent for the partial month at the beginning of the Lease Term shall be prorated on a per diem basis and shall be due on the first day of such partial month. Upon execution of this Lease, Tenant shall pay the first month’s Minimum Monthly Rent to Landlord.

  • Contract Sales Price The total consideration provided for in the sales contract for the sale of a Property.

  • Annual Base Rent Beginning on the Commencement Date, Tenant agrees to pay Landlord, without prior demand therefor, and without set-off or deduction, a yearly base minimum rent in the amount of Twenty-six Thousand Four Hundred Eighteen and No/100 Dollars ($26,418.00), payable in monthly installments, each in the amount of Two Thousand Two Hundred One and 50/100 Dollars ($2,201.50) plus an annual parking charge in an amount pursuant to the paragraph below (collectively, the base minimum rent and parking charge shall be defined herein as the “Base Rent”). In the event the Commencement Date falls on a day other than the first day of a calendar month, then the monthly installment of Base Rent shall be prorated for such month. In the event this Lease expires or is terminated on a day that is other than the last day of a calendar month, then the Base Rent for the month in which the Term expires or is terminated shall be prorated. Tenant shall pay the Base Rent to Landlord at Landlord’s address set forth in Section 17.5 of this Lease, or at such other place as Landlord may from time to time designate to Tenant in writing (in accordance with Section 17.5 of this Lease), in funds which at the time of such payment shall be legal tender for the payment of public or private debts in the United States of America. Beginning on the Commencement Date, Tenant shall also pay to Landlord an annual parking charge that shall be part of the Base Rent and initially shall be equal to the product of One Hundred and No/100 Dollars ($100.00) multiplied by the number of parking spaces which are allocated for Tenant’s use under Section 2.2 of the REA (initially, 120 spaces), being initially Twelve Thousand and No/100 Dollars ($12,000.00) per year. In the event Tenant should demand the LTACH Exclusive Parking Rights, as provided for in the REA, then from and after the date that Tenant begins to have such exclusive parking, the amount of the parking charge that shall be part of the Base Rent shall be increased to One Hundred Twenty-Five Percent (125%) of the parking charge then in effect at the time that Tenant begins to have such exclusive parking, with the amount prorated for any partial calendar year. Both the minimum rent and the parking charge that comprise the Base Rent shall be subject to adjustment pursuant to Section 3.5 below.

  • Monthly Base Rent On each Due Date, each Lessee shall pay to the Lessor the Monthly Base Rents that have accrued during the Related Month with respect to all Vehicles that were leased by such Lessee under this Operating Lease on any day during the Related Month;

  • Contract Price 5.01 Owner shall pay Contractor for completion of the Work in accordance with the Contract Documents the amounts that follow, subject to adjustment under the Contract:

  • Minimum Sales 4.1 The minimum volume of sales of the Products that CSR commits to use its best efforts to achieve in the Territory on an annual basis in the first Agreement Year is 60,000 gallons (avg. 5,000 gallons per month). RCAI will review the annual volumes of sales of the Products prior to the beginning of any successive term during which this Agreement may continue and RCAI may change and adjust such minimums as it, in its sole judgment, sees fit.

  • Percentage Rent In addition to the Base Rent, Lessee shall be: (check one) ☐ - Not required to make payments related to Lessee’s sales or revenue (“Percentage Rent”). ☐ - Required to pay __________________ percent (____%) of __________________ (gross sales, net sales, etc.). Such payment shall be made ☐ Monthly ☐ Quarterly ☐ Annually along with a receipt to show proof of percentage calculation (“Percentage Rent”). The Base Rent and the Percentage Rent shall be referred collectively to as the “Rent.”

  • Quantity If Seller delivers more than the quantity of Goods ordered, Buyer may reject all or any excess Goods. Any such rejected Goods shall be returned to Seller at Seller's risk and expense. If Buyer does not reject the Goods and instead accepts the delivery of Goods at the increased or reduced quantity, the Price for the Goods shall be adjusted on a pro-rata basis.

  • Delivery Points ‌ Project water made available to the Agency pursuant to Article 6 shall be delivered to the Agency by the State at the delivery structures established in accordance with Article 10.

Time is Money Join Law Insider Premium to draft better contracts faster.