QUANTITY ALLOCATION Sample Clauses

QUANTITY ALLOCATION. At the time of issuing contract for the materials and work, TANTRANSCO reserves the right to allocate the work after ensuring the capacity, ability of supply, work offered and the past performance.
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QUANTITY ALLOCATION. 1. The Market Area Manager shall accept direction-specific input and output nominations for the VTP in respect of quantities to be recorded in a Balancing Group. In respect of such nominations the allocation rule “allocated as nominated” shall apply. No revisions will be made to the relevant quantities to take account of erroneous or unavailable me- ter readings (with any such changes hereinafter being referred to as application of “De- fault Substitute Values”) or to take account of calorific value adjustments. Allocations shall only be based on confirmed nominations or renominations.
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QUANTITY ALLOCATION. 6.1 Deleted .
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QUANTITY ALLOCATION. (a) Seller shall sell to Purchaser and Purchaser shall purchase from Seller all Products in no less than the quantities shown on the applicable Commodity Schedule(s). However, during any period of this Contract for which the amount of any such Products that Seller is required to deliver to Purchaser is prescribed by government rules, regulations or orders, or becomes subject to an allocation by Supplier, the quantity of such Products shall be the quantity so prescribed or allocated instead of the quantity shown on the applicable Commodity Schedule(s). For purposes of the Commodity Schedule(s), the "contract quantity" for any period shall be the quantity of Products which Seller is obligated to sell and Purchaser is obligated to buy under this Contract during that period whether prescribed by the attached Commodity Schedule(s) or by government rules, regulations or orders. If Supplier reduces its allocation of Products to Seller, then the quantity of Products that Seller is obligated to deliver and sell to Purchaser under the applicable Commodity Schedule(s) shall be reduced in the same proportion as Supplier’s reduction of its allocation to Seller for the same product and grade. Any purchase or sale in excess of the volumes described above shall not be considered to modify this Contract as regards quantities to be delivered.
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QUANTITY ALLOCATION. 4.1. Subject always to availability of Crude Oil and SELLERs’ ability to supply Crude Oil to the BUYER, the SELLERs agree to sell and deliver the Crude Oil at the aforesaid Delivery Point to the Buyer, the Quantity of Crude Oil set forth in Notification of Award(s) supplemented from time to time to this Crude Oil and Sale Agreement, in accordance with the terms of this Agreement.
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Related to QUANTITY ALLOCATION

  • Regulatory Allocations Notwithstanding any provisions of paragraph 1 of this Exhibit B, the following special allocations shall be made.

  • Section 704(c) Allocations Notwithstanding Section 6.5.A hereof, Tax Items with respect to Property that is contributed to the Partnership with an initial Gross Asset Value that varies from its basis in the hands of the contributing Partner immediately preceding the date of contribution shall be allocated among the Holders for income tax purposes pursuant to Regulations promulgated under Code Section 704(c) so as to take into account such variation. With respect to Partnership Property that is contributed to the Partnership in connection with the General Partner’s initial public offering, such variation between basis and initial Gross Asset Value shall be taken into account under the “traditional method” as described in Regulations Section 1.704-3(b). With respect to other Properties, the Partnership shall account for such variation under any method approved under Code Section 704(c) and the applicable Regulations as chosen by the General Partner. In the event that the Gross Asset Value of any Partnership asset is adjusted pursuant to subsection (b) of the definition of “Gross Asset Value” (provided in Article 1 hereof), subsequent allocations of Tax Items with respect to such asset shall take account of the variation, if any, between the adjusted basis of such asset and its Gross Asset Value in the same manner as under Code Section 704(c) and the applicable Regulations and using the method chosen by the General Partner; provided, however, that the “traditional method” as described in Regulations Section 1.704-3(b) shall be used with respect to Partnership Property that is contributed to the Partnership in connection with the General Partner’s initial public offering. Allocations pursuant to this Section 6.5.B are solely for purposes of Federal, state and local income taxes and shall not affect, or in any way be taken into account in computing, any Partner’s Capital Account or share of Net Income, Net Loss, or any other items or distributions pursuant to any provision of this Agreement.

  • Payment Allocation Subject to applicable law, your payments may be applied to what you owe the Credit Union in any manner the Credit Union chooses. However, in every case, in the event you make a payment in excess of the required minimum periodic payment, the Credit Union will allocate the excess amount first to the balance with the highest annual percentage rate and any remaining portion to the other balances in descending order based on applicable annual percentage rate.

  • Cost Allocation Cost allocation of Generator Interconnection Related Upgrades shall be in accordance with Schedule 11 of Section II of the Tariff.

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