Monthly Quantity Clause Samples

Monthly Quantity. SELLER undertakes to make available to BUYER in each month of a Mining Year, the quantity of Product indicated in the respective column of Attachment II hereto (with such quantity of Product being hereinafter referred to as the “Monthly Quantity”), provided, however, that BUYER may, without prejudice to the provision contained in Clause 2.2 above, acquire, and SELLER shall supply in such case, in each month of a Mining Year a quantity of Product that is up to [•]% [•] greater than the Monthly Quantity, and BUYER shall nominate such additional quantity in the quarterly nomination, as provided in Clause 2.5.2.

Monthly Quantity. The Monthly Scheduled Quantity (MSQ) shall be 1/12 th of the ACQ. It is clarified that the (MSQ) can be varied by mutual consent and approval of the Seller and the Purchaser at the time of execution of this agreement. ln case any further variation in the MSQ is required by the Purchaser, the Purchaser may request the Seller for the same by sending a written notice to lhe Seller at least 30 (thirty) days in advance and such variation shall be subject to the express written acceptance by the Seller, and the Seller shall have the discretion and not the obligation to provide such consent. In case of supply by Rail, the Parties agree that if the MSQ to be lifted by the Purchaser in a month is insufficient to form adequate load for a rake, such formation of adequate load, as prescribed by seller, for a rake would be allowed by combining the MSQ of the next month(s) of the applicable financial year during the Term of Agreement.

Monthly Quantity. CSN undertakes to perform the Services in each month of a Mining Year in relation to the quantity of Iron Ore indicated in the respective column of Attachment III hereto (with such quantity of Iron Ore being hereinafter referred to as the “Monthly Quantity”). For the avoidance of doubt, the requirement by NAMISA of Services in relation to any amount of Iron Ore below the Monthly Quantity shall not be considered as a NAMISA’s Default (as defined in Clause 14 below).

Monthly Quantity. It is hereby agreed that the buyer will buy various commodities from the Seller, including but not limited to Iron Ore. - At this time the Buyer agrees to purchase from Seller on a monthly basis, up to a minimum of 1,000,000 metric tons of Iron Ore and Seller agrees to provide said Iron Ore from its own sources and reserves. - There is no maximum quantity for any additional Commodities, as these will be outlined individually through each Supplier Addendum.