CONTRACT VOLUME Sample Clauses
The Contract Volume clause defines the specific quantity of goods or services that the parties agree to exchange under the contract. It typically outlines the minimum and/or maximum amounts to be delivered or purchased within a set timeframe, and may include provisions for adjusting these amounts based on demand or supply fluctuations. This clause ensures both parties have a clear understanding of their obligations regarding volume, helping to prevent disputes over delivery expectations and to manage supply chain planning effectively.
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CONTRACT VOLUME. I.7.1. Subject to the grant of an EU marketing authorisation, the contractor agrees to supply to the participating Member States a total of 225 million doses of the Product (the “Initial European Doses”) in accordance with the estimated delivery schedule set out in Article I.11 below (as adjusted pursuant to Article I.12, as the case may be). The contractor also agrees to supply to a participating Member State the relevant portion of the Initial European Doses in accordance with the estimated delivery schedule set out in Article I.11 below (as adjusted pursuant to Article I.12, as the case may be) if the participating Member State in question has granted a temporary national authorisation and if the contractor accepts the supply on the basis of such temporary national authorisation, it being understood that such acceptance may not be unreasonably withheld, provided, however, that the contractor may, inter alia, reject its acceptance if it sees a potential risk of undermining the public's confidence (in the relevant country or more broadly, in Europe given cross-border social media reach) in the safety and efficacy of potential vaccines without the approval of the Commission.
I.7.2. The Commission may, on behalf and in the name of the participating Member States, place an additional order for up to 180 million doses of the Product by formal notification to the contractor within [*****] following the grant of the EU marketing authorisation for the Product (the “Additional European Doses”).
I.7.3. The Initial European Doses and Additional European Doses correspond to the maximum number of doses of the Product that the contractor is able to allocate to this APA in accordance with the delivery schedule set out below in Article I.11.
I.7.4. In addition to these contractually agreed volumes under this APA, the contractor agrees to discuss in good faith any participating Member State’s request to purchase additional quantities of the Product after satisfying its contractual commitments to other partners and customers. Until the date that the COVID-19 pandemic is considered to be over, the contractor agrees [*****]; for this purpose, the contractor and the participating Member State concerned will decide in good faith, taking into account expert advice, including the advice of the WHO, the date that the COVID-19 pandemic is considered to be over. For the avoidance of doubt, any such additional quantities requested are subject to a separate agreement between the par...
CONTRACT VOLUME. SELLER AGREES TO SELL AND DELIVER TO BUYER, AND BUYER AGREES TO PURCHASE FROM SELLER, __% OF BUYER'S NO. 6 FUEL OIL REQUIREMENTS DURING THE TERM OF THIS AGREEMENT. BUYER'S ESTIMATED ANNUAL REQUIREMENTS FOR BRIDGEPORT HARBOR STATION AND NEW HAVEN HARBOR STATION ("THE LOCATIONS") ARE ___ MILLION BARRELS.
CONTRACT VOLUME. Subject to the grant of an EU marketing authorisation, the contractor agrees to supply to the participating Member States a total of 225 million doses of the Product (the “Initial European Doses”) in accordance with the estimated delivery schedule set out in Article I.11 below (as adjusted pursuant to Article I.12, as the case may be). The contractor also agrees to supply to a participating Member State the relevant portion of the Initial European Doses in accordance with the estimated delivery schedule set out in Article I.11 below (as adjusted pursuant to Article I.12, as the case may be) if the participating Member State in question has granted a temporary national authorisation and if the contractor accepts the supply on the basis of such temporary national authorisation, it being understood that such acceptance may not be unreasonably withheld, provided, however, that the contractor may, inter alia, reject its acceptance if it sees a potential risk of undermining the public's confidence (in the relevant country or more broadly, in Europe given cross-border social media reach) in the safety and efficacy of potential vaccines without the approval of the Commission.
CONTRACT VOLUME. The quantity of Product which SELLER is obligated to sell and deliver to BUYER in accordance with this Contract.
CONTRACT VOLUME. Born estimates to provide a minimum of twelve million ($12,000,000) in contract volume over the agreement period to Excalibur for goods and services.
CONTRACT VOLUME. The Contract Volume of Product to be sold and purchased hereunder during the Term shall be one hundred (100) percent of BUYER's total Product requirements for such Term for its Roseton Plant. In this regard, during such Term, SELLER will deliver all amounts of the Product requested by BUYER for its Roseton Plant; but SELLER is not obligated to so deliver the Product in excess of the Contract Volume and BUYER will request from SELLER not less than seventy percent (70%) of the Contract Volume. In the event BUYER, from time to time during the Term of this Contract, seeks to purchase Product on the spot market to be used at the Roseton Plant; SELLER shall be entitled to submit a spot bid. All deliveries of Product shall be evenly spread over the Initial Term and subsequent Contract Year(s) unless otherwise agreed upon by the Parties and confirmed in writing.
CONTRACT VOLUME. For the purposes of locking in Your price, if You select either a Fixed Rate or a Half and Half Rate, Infinite Energy shall base Your expected usage, for the term of this Agreement, on either one or a combination of the following methods:
a. Historical Usage, which is defined as Your previous twelve (12) months usage; or
b. Estimated Usage, which is defined as an estimate based on similarly situated customers’ profiles.
CONTRACT VOLUME. The contracted volume (“Contract Volume”) is the sum of the Miner Load and Aux Load. Measured as the highest metered load recorded in the prior six months (“Miner Load”) and the proportional site auxiliary load (“Aux Load”). Aux Load will be calculated as the overall site load less the load consumed by all miners, multiplied by the customer Miner Load divided by the total Miner Load on site. APLD will use the best available meter data to determine Miner Load and Aux Load, and may estimate load using commercially reasonable methodologies where needed.