Annual Contract Quantity Sample Clauses

Annual Contract Quantity. The term
AutoNDA by SimpleDocs
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.
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...
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
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.
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
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.
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.
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...

Related to Annual Contract Quantity

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

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

  • C1 Contract Price C1.1 In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).

  • Additional Quantities For a period not exceeding ninety (90) days from the date of solicitation award, the Customer reserves the right to acquire additional quantities up to the amount shown on the solicitation but not to exceed the threshold for Category Two at the prices submitted in the response to the solicitation.

  • Contract Quarterly Sales Reports The Contractor shall submit complete Quarterly Sales Reports to the Department’s Contract Manager within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). Reports must be submitted in MS Excel using the DMS Quarterly Sales Report Format, which can be accessed at xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department’s Contract Manager. If no orders are received during the quarter, the Contractor must email the DMS Contract Manager confirming there was no activity.

  • ESTIMATED QUANTITIES 1.1 The quantities set forth in the line items and specification document are approximate and represent the estimated requirements for the contract period.

  • Minimum Monthly Rent 3.1.1 Tenant agrees to pay to Landlord a Minimum Monthly Rent, initially in the amount set forth in the Basic Provisions, during each month of the Term of this Lease. Minimum Monthly Rent for a period constituting less than a full month shall be prorated on the basis of a thirty (30)-day month.

  • Contract Sales Price The total consideration received by the Company for the sale of a Property.

  • ESTIMATED / SPECIFIC QUANTITY CONTRACTS Estimated quantity contracts, also referred to as indefinite delivery / indefinite quantity contracts, are expressly agreed and understood to be made for only the quantities, if any, actually ordered during the Contract term. No guarantee of any quantity is implied or given. With respect to any specific quantity stated in the contract, the Commissioner reserves the right after award to order up to 20% more or less (rounded to the next highest whole number) than the specific quantities called for in the Contract. Notwithstanding the foregoing, the Commissioner may purchase greater or lesser percentages of Contract quantities should the Commissioner and Contractor so agree. Such agreement may include an equitable price adjustment.

  • Annual Base Rent Section 5.1 Effective as of the Effective Date, the first sentence of Section 5.1 of the Lease shall be deemed modified and restated in its entirety as follows: "During the Initial Term Tenant agrees to pay to Landlord annual base rent for the Premises (the "ANNUAL BASE RENT") at the rate of Three Million Eight Hundred Thousand and 00/100 Dollars ($3,800,000.00) per annum (the "INITIAL ANNUAL BASE RENT AMOUNT"). Notwithstanding the foregoing, provided that Tenant is not then in default under this Lease beyond any applicable period set forth in this Lease within which the default may be cured, Tenant shall be entitled to an aggregate credit of $1,000,000 to be applied in twelve (12) equal monthly installments of $83,333.33 against the monthly installments of Annual Base Rent due hereunder for the second through thirteenth calendar months of the Initial Term (the "FREE RENT PERIOD"); it being further agreed, however, that if Tenant is in default under this Lease beyond any applicable cure period, then (a) any credit not given Tenant during the period of such default shall only be suspended and shall be given to Tenant, and carried forward if not capable of immediately being used in its entirety until capable of being so used in its entirety, upon any subsequent cure by Tenant of such default and any other then existing default(s) by Tenant under this Lease, and (b) Tenant shall further be entitled to all monthly installments of such credit otherwise to be applied, pursuant to the terms hereof, after such subsequent cure(s). Notwithstanding anything to the contrary in this Lease, if there shall be Net Distributable Cash for the Free Rent Period, but calculated for this purpose only without reference to any additional rent payable pursuant to this sentence, then Tenant shall pay an amount (such amount, the "FREE RENT MAKE-UP") equal to the lesser of (1) the amount of the $1,000,000 credit set forth above actually applied against Annual Base Rent as provided above, whether such application against Annual Base Rent was made during the Free Rent Period or subsequent thereto (i.e., if any portion of such credit is so applied after the Free Rent Period pursuant to either or both of the preceding clauses (a) and (b)) or (2)

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