SPOT Sample Clauses

SPOT. This SPOT service can only be subscribed to after the twentieth (20th) day of Month M-1 for the end of Month M-1 or M. For any Shipper that has subscribed to the SPOT service, the Send-Out profile for Month M (and where appropriate M-1) is determined by the Operator so as to correspond to the request from the Shipper subject to its impact on the Send-Outs from other Shippers complying with the rules described in Appendix 6, article 2. For Month M+1 and for the quantities remaining at the end of Month M (Shared Stock Level), the Shipper benefits from the services and options defined in paragraphs 6.2and 8 and said quantities will be issued in Month M+1 according to the SMART rules described in Appendix 6, article 1.
Sample 1
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SPOT. Regasification service, reserved for subscribed Unloadings, for a Given Month M, after the twentieth (20th) Day of Month M-1 as described in paragraph 6.1.2 of the General Terms and Conditions.
Sample 1Sample 2
SPOT. SPOT contracts are often applied during peak seasons when the existing capacities are no longer sufficient. This contract type consists of the same elements as the COA, but operates through shorter notice-time. The vessels are no longer managed by the charterer, but by the ship-owners, who determines whether they accept to complete the order or reject it. The SPOT prices are dependent on the market situation (supply and demand). However, it is considered as very expensive in the long run (in general 4 times as high as TC-contracts, and 2 times the cost of COA) and therefore used only in specific situations when other vessel capacity is not available.
Sample 1
SPOT. Cost components not included in the Contract Price, but incurred by Seller will be billed to Buyer at the applicable market rate. FUEL ON INTERSTATE PIPELINE - Will be billed by Seller to Buyer at the monthly index price for gas delivered to the Delivery point specified herein. -------------------------------------------------------------------------------- TERMINATION PROVISIONS The initial term of this agreement is as stated under CONTRACT TERM. Unless terminated by either party giving 60 days written notice to the other party, this contract will automatically renew for additional two-year terms, beginning April 1 of each year and continuing through March 31 of the end of the term year. --------------------------------------------------------------------------------
Sample 1
SPOT. An agreement to exchange sums of currency at an agreed-on exchange rate on a value date that is within two bank business days’ time.
Sample 1

Related to SPOT

  • Rate of Exchange upon request by the Issuer, inform the Issuer of the spot rate of exchange quoted by it for the purchase of the currency in which the relevant Notes are denominated against payment of euro (or such other currency specified by the Issuer) on the date on which the Relevant Agreement (as defined in the Dealer Agreement) in respect of such Notes was made; and

  • Quotations Unless otherwise agreed any quotation given will normally remain valid for a period of 30 days from the date it is provided to you. We reserve the right to withdraw a quotation in certain circumstances, for example, where the insurer has altered their premium or terms for the insurance since the quotation was given or if a claim / incident has occurred since the terms were offered.

  • Exchange Rate The transfers referred to in Articles 6 to 8 of this Agreement shall be effected at the prevailing market rate in freely convertible currency on the date of transfer

  • Currency Fluctuations If on any Computation Date the Revolving Facility Usage is equal to or greater than the Revolving Credit Commitments as a result of a change in exchange rates between one (1) or more Optional Currencies and Dollars, then the Administrative Agent shall notify the Borrower of the same. The Borrower shall pay or prepay (subject to Borrower’s indemnity obligations under Section 2.20 [Increased Costs and Reduced Return] and Section 2.25 [Indemnity]) within five (5) Business Days after receiving such notice such that the Revolving Facility Usage shall not exceed the aggregate Revolving Credit Commitments after giving effect to such payments or prepayments.

  • Currency All sums of money which are referred to in this Agreement are expressed in lawful money of Canada, unless otherwise specified.

  • Rate Quotations The Borrower may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders nor affect the rate of interest which thereafter is actually in effect when the election is made.

  • Adjustment of Exchange Rate The Exchange Rate shall be adjusted from time to time by the Company as follows:

  • Exchange Rates Notwithstanding the foregoing, for purposes of any determination under Section 9, Section 10 or Section 11 or any determination under any other provision of this Agreement expressly requiring the use of a current exchange rate, all amounts incurred, outstanding, or proposed to be incurred or outstanding in currencies other than Dollars shall be translated into Dollars at the Spot Rate; provided, however, that for purposes of determining compliance with Section 10 with respect to the amount of any Indebtedness, Restricted Investment, Lien, Asset Sale, or Restricted Payment in a currency other than Dollars, no Default or Event of Default shall be deemed to have occurred solely as a result of changes in rates of exchange occurring after the time such Indebtedness, Lien or Restricted Investment is incurred or Asset Sale or Restricted Payment made; provided that, for the avoidance of doubt, the foregoing provisions of this Section 1.6 shall otherwise apply to such Sections, including with respect to determining whether any Indebtedness, Lien, or Investment may be incurred or Asset Sale or Restricted Payment made at any time under such Sections. For purposes of any determination of Consolidated Total Debt or Consolidated First Lien Secured Debt, amounts in currencies other than Dollars shall be translated into Dollars at the currency exchange rates used in preparing the most recently delivered Section 9.1

  • Currency Exchange All payments under this Agreement shall be payable, in full, in Dollars, regardless of the country(ies) in which sales are made. For the purposes of computing Net Sales of Licensed Products that are sold in a currency other than Dollars, such currency shall be converted into Dollars as calculated at the rate of exchange for the pertinent quarter or year to date, as the case may be, as used by Celgene in producing its quarterly and annual accounts, as confirmed by their respective auditors.

  • Foreign Currency Exchange Unless the Depositor shall otherwise direct, whenever funds are received by the Trustee in foreign currency, upon the receipt thereof or, if such funds are to be received in respect of a sale of Securities, concurrently with the contract of the sale for the Security (in the latter case the foreign exchange contract to have a settlement date coincident with the relevant contract of sale for the Security), the Trustee shall enter into a foreign exchange contract for the conversion of such funds to U.S. dollars pursuant to the instruction of the Depositor. The Trustee shall have no liability for any loss or depreciation resulting from action taken pursuant to such instruction."

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