QUANTITY ALLOCATION Sample Clauses
The Quantity Allocation clause defines how specific amounts of goods or services are distributed or assigned among parties under a contract. Typically, this clause outlines the method for determining each party's share, such as allocating a set percentage of total production or specifying minimum and maximum quantities to be delivered. Its core function is to ensure clarity and fairness in the distribution process, preventing disputes over supply obligations and helping manage expectations regarding availability and delivery.
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.
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.
QUANTITY ALLOCATION. 6.1 Deleted .
6.2 Deleted.
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.
2. Each day on the day D+1, by 13:00 hours, the Market Area Manager shall submit to the Balancing Group Manager all hourly quantities allocated to the Balancing Group Man- ager for the data series types “ENTRY VHP” and “EXIT VHP” in respect of each rele- vant Balancing Group and Balancing Group pair by way of an electronic message in the applicable ALOCAT format as modified from time to time.
3. Each day on the day D+1, by 13:00 hours, the Market Area Manager shall submit to the Balancing Group Manager all relevant metered hourly offtakes determined for the Bal- ancing Group Manager for the Delivery Day D for the data series types “ENTRYSO”, “EXITSO”, “ENTRY Biogas”, “ENTRY Wasserstoff”, “RLMoT” and “RLMmT”, with the data for each data series type to be provided in aggregated form but segmented by Bal- ancing (Sub)Group and Network Operator, by way of an electronic message in the ap- plicable ALOCAT format as modified from time to time. In respect of data series of the type “RLMmT” the Market Area Manager shall calculate the daily quantity for each Bal- ancing (Sub)Group and Network Operator based on the metered quantities submitted and divide this daily quantity by the number of hours in the relevant gas day to create a flat allocation profile comprising equal hourly quantities (expressed in whole numbers). This data shall be sent to the Balancing Group Manager in ALOCAT format by 19:00 hours.
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.
(b) If Seller, for any reason, does not have sufficient supplies of Products to supply its customers, then during any period of short supply Seller may restrict deliveries of the Products to Purchaser without liability and may allocate Seller’s supply of the Products among its customers in a manner which is fair and reasonable under the circumstances. After cessation of any period of short supply, Purchaser and Seller shall promptly resume deliveries and receipts of the Products but shall not be obligated to make up any deliveries or receipts not made because of such period of short supply. Notwithstanding the foregoing, in the event of a period of short supply, within 10 days of the receipt of written demand by the Purchaser requesting delivery of Products owed under this Contract, Seller shall provide the Purchaser with the status of its ability to deliver the minimum quantities of Products. If Seller cannot provide such Products by the next scheduled delivery, then Purchaser shall have the right during such period of short supply to temporarily purchase from a third party, such minimum quantities of Products, with prior written noti...