Undelivered Quantity definition

Undelivered Quantity means, for each Month, (i) the aggregate Electricity Dispatched by Buyer in the On Peak Hours in that Month for the EDP’s less (ii) the aggregate quantity of Electricity Dispatched by Buyer and actually delivered by Seller in the On Peak Hours in that Month for the EDP’s.
Sample 1
Undelivered Quantity means a quantity in MMBtus equal to the difference between the Contract Quantity and the volume actually delivered (if any).
Sample 1
Undelivered Quantity means, for each Month, an amount (in MWh’s) equal to (i) the quantity of Electricity Dispatched by the Owner in that Month less (ii) the quantity of Electricity Dispatched by the Owner and delivered by Operator that Month less (iii) the Excused Quantity.
Sample 1

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”).


More Definitions of Undelivered Quantity

Undelivered Quantity means the difference between the Contract Quantity and the Delivered Quantity.
Sample 1
Undelivered Quantity means, for any month and 2000 EDP, the aggregate quantity of Electricity scheduled by Buyer in that month for that 2000 EDP less the aggregate quantity of Electricity delivered at xxxxx 2000 EDP or an’s or the Alternative EDP ’s by Seller in that month. For any hour in which the Buyer requested Electricity at thea 2000 EDP and the Buyer failed to provide Gas at the corresponding 2000 GDP, the block notice for that hour shall be deemed to be zero.
Sample 1

Related to Undelivered 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.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

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

  • 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.

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

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

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Quantity means either tonnage or volume, depending on which term is the standard in the mining industry for the type of mineral;

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • shipped includes removal from the work sites by ship or any other means;

  • Purchase Order means the form or format a Customer uses to make a purchase under the Contract (e.g., a formal written purchase order, electronic purchase order, procurement card, contract or other authorized means).

  • 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.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Purchase Orders means official orders issued by an operating division of Transnet to the Supplier/Service Provider for the supply of Goods or Services;

  • Firm Order shall have the meaning set forth in Section 5.2.

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Shipment means a volume of products offered to and accepted by Carrier for transportation.

  • Batch means a specific quantity of Product that is intended to have uniform character and quality, within specified limits, and is produced according to a single manufacturing order during the same cycle of manufacture.

  • Harvest batch means a specifically identified quantity of dried flower or trim, leaves, and other cannabis plant matter that is uniform in strain, harvested at the same time, and, if applicable, cultivated using the same pesticides and other agricultural chemicals, and harvested at the same time.

  • Meet-Point Billing (MPB means the billing associated with interconnection of facilities between two (2) or more LECs for the routing of traffic to and from an IXC with which one of the LECs does not have a direct connection. In a multi-bill environment, each Party bills the appropriate tariffed rate for its portion of a jointly provided Switched Exchange Access Service.

  • Delivery Points means: (i) for natural gas transported by interstate pipelines, the city gate stations of your Utility, and (ii) for electricity, one or more points at which Company, as your agent, has arranged for the delivery of electricity to a third party (such as your Utility) for your account or at your premises.

  • Transporter means a person engaged in the off-site transportation of hazardous waste by air, rail, highway, or water.

  • Purchase Order (PO) means a written offer made by a purchaser to a supplier formally stating the terms and conditions of a proposed transaction.