Confirmed Quantities Clause Samples
The Confirmed Quantities clause establishes the specific amounts of goods or services that are contractually agreed upon between the parties. In practice, this clause details the exact quantities to be delivered or performed, often referencing schedules, purchase orders, or other documentation to avoid ambiguity. Its core function is to ensure both parties have a clear, mutual understanding of the obligations regarding quantity, thereby reducing the risk of disputes over under- or over-delivery.
Confirmed Quantities in relation to User pursuant to this Agreement, has the meaning given in clause 14.2; and
Confirmed Quantities. (a) If, under clause 14.2, the provisions of clause 15.3(b) apply at a Receipt Point, Service Provider will use reasonable endeavours to continue to seek Confirmed Quantities from the Interconnect Parties for that Receipt Point and, if those Confirmed Quantities are provided, Service Provider will reallocate the Actual Receipts accordingly.
(b) Notwithstanding clause 14.3(a), Service Provider will be under no obligation to make a reallocation under clause 14.3(a), after the fifth Day of the Month following the Month to which the reallocation relates.
(c) If Service Provider makes a reallocation under clause 14.3(a), User will be liable for Excess Imbalance Charges on the basis of the Confirmed Quantities, and if those charges have previously been imposed on the basis of a determination under clause 15.3(b), Service Provider will make the necessary adjustments in the next invoice issued under this Agreement.
(d) Service Provider is under no obligation to make a reallocation where the Interconnect Party provides a confirmation for a Day under clause 14.2 but subsequently changes the Confirmed Quantities for that Day.
Confirmed Quantities. (a) If, under clause 13.2, the provisions of clause 14.2(c) apply at a Receipt Point, Service Provider will use reasonable endeavours to continue to seek Confirmed Quantities from the Interconnect Parties for that Receipt Point and, if those Confirmed Quantities are provided, Service Provider will reallocate the Actual Receipts accordingly.
(b) Notwithstanding clause 13.3(a), Service Provider will be under no obligation to make a reallocation under clause 13.3(a), after the fifth Day of the Month following the Month to which the reallocation relates.