Equivalent Quantities Clause Samples

The Equivalent Quantities clause defines how different units or measures of a product or service are treated as interchangeable or equivalent for the purposes of the contract. In practice, this clause may specify conversion rates or standards to be used when substituting one unit for another, such as converting between metric and imperial measurements or recognizing different grades of a commodity as functionally the same. Its core function is to ensure consistency and fairness in fulfilling contractual obligations when exact quantities or specifications may vary, thereby preventing disputes over minor differences in measurement or classification.
Equivalent Quantities. Gatherer shall, as nearly as practicable each Day, deliver for Producers’ account Equivalent Quantities of Gas at the ▇▇▇▇▇▇▇ Delivery Points. All receipts and deliveries of Producers’ Gas and MV Mitigation Gas less System Fuel and Losses shall be balanced on a MMBtu basis, and all quantities referred to herein shall be adjusted for the Gross Heating Value thereof.
Equivalent Quantities. Gatherer will deliver Equivalent Quantities of Gas to Producers at the Delivery Points. Any cap on Fuel that applies to the System is shown in Exhibit F.

Related to Equivalent Quantities

  • 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.

  • VARIATION IN QUANTITY The state assumes no liability for commodities produced, processed or shipped in excess of the amount specified herein.

  • Fixed Kilowatt Rate Product If Clearview Energy would like to propose a change to a fixed kilowatt rate product, you will be notified by the process described in Change of Terms. Fixed price products may change due to new or modified federal, state or local laws; or regulatory actions that impose new or modified fees. 2b. Month-to-month Variable Kilowatt Rate Product – Month-to-month variable kilowatt rate products are subject to change without notice at Clearview Energy’s discretion outside of any applicable promotion. If applicable, the Monthly Base Charge may also fluctuate outside of any applicable promotion. All pricing can be viewed at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇.

  • Quantities The estimated quantities provided by the City are not guaranteed. These quantities are listed for informational purposes only. Quantities vary depending on the demands of the City. Any variations from the estimated quantities shall not entitle the bidder to an adjustment in the unit price or any additional compensation.

  • Combination Product The term “