Common use of Contracted Quantity Clause in Contracts

Contracted Quantity. THE TOTAL QUANTITY OF THE CONTRACT IS SIX MILLION, FIFTY THOUSAND (6,050,000MT) METRIC TONS. FIFTY THOUSAND METRIC TONS TRIAL ORDER, AND AFTER FIVE HUNDRED THOUSAND METRIC TONS MONTHLY x TWELVE MONTHS (50,000MT TRIAL ORDER + 500,000MT x 12 MONTHS).

Appears in 2 contracts

Sources: Sales and Purchase Agreement, Sales and Purchase Agreement