Common use of Minimum Quantity Clause in Contracts

Minimum Quantity. Minimum contracting requirements apply to short term contracts less than 10 years in length 1. Explain whether or not the proposed contract triggers the minimum quantity requirement 2. If the minimum quantity requirement applies, provide a detailed calculation that shows the extent to which the utility has satisfied the minimum quantity requirement. If the requirement has not yet been satisfied for the current year, explain how the utility expects to satisfy the quantity by the end of the year to count the proposed contract for compliance.

Appears in 3 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement