Principles of Supply Sample Clauses

Principles of Supply. 1.1 Party B hereby agrees to provide raw coking coal in time to Party A to meet the requirements of Party A's production. . 1.2 Subject to its output capacity, Party B undertakes to satisfy Party A's entire high quality raw coking coal requirements with priority over all of Party B's other customers. For example, in the event that Party B produces a total of 100 metric tons of raw coking coal per month, and Party A requires only 80 metric tons per month, Party B shall sell 80 metric tons of raw coking coal to Party A and Party B may sell the remaining 20 metric tons to its other customers; and in the event that Party B produces 100 metric tons while Party A requires 200 metric tons per month, Party B shall sell all of its total output of 100 metric tons to Party A.
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Principles of Supply 

Related to Principles of Supply

  • Cost Principles The Subrecipient shall administer its program in conformance with 2 CFR Part 200, et al; (and if Subrecipient is a governmental or quasi-governmental agency, the applicable sections of 24 CFR 85, “Uniform Administrative Requirements for Grants and Cooperative Agreements to State and Local Governments,”) as applicable. These principles shall be applied for all costs incurred whether charged on a direct or indirect basis.

  • Principles of Construction All references to sections and schedules are to sections and schedules in or to this Agreement unless otherwise specified. All uses of the word “including” shall mean “including, without limitation” unless the context shall indicate otherwise. Unless otherwise specified, the words “hereof,” “herein” and “hereunder” and words of similar import when used in this Agreement shall refer to this Agreement as a whole and not to any particular provision of this Agreement. Unless otherwise specified, all meanings attributed to defined terms herein shall be equally applicable to both the singular and plural forms of the terms so defined.

  • Governing Principles 1. The implementation of this Memorandum of Understanding shall in all aspects be governed by the Regulation and subsequent amendments thereof.

  • Definitions Principles of Construction Section 1.1 Definitions 1 Section 1.2 Principles of Construction 13 ARTICLE II

  • Operating Principles The operations of the Bank shall be conducted in accordance with the principles set out below.

  • Definitions and Principles of Interpretation The following definitions in clause 1.1 shall be replaced as follows:

  • Definitions and Principles of Construction Section 1.1 Defined Terms 1 Section 1.2 Principles of Constructions 1

  • Principles of Interpretation The following principles of interpretation apply to this Settlement Agreement:

  • Basic Principles The Electrical Contractor and the Union have a common and sympathetic interest in the Electrical Industry. Therefore, a working system and harmonious relations are necessary to improve the relationship between the Employer, the Union and the Public. Progress in industry demands a mutuality of confidence between the Employer and the Union. All will benefit by continuous peace and by adjusting any differences by rational common-sense methods.

  • Guiding Principles This Agreement shall create a liberal, facilitative, transparent and competitive investment environment in ASEAN by adhering to the following principles:

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