Storage Requirement Sample Clauses

Storage Requirement. In this subsection, we analyze the storage requirement of the proposed scheme with the existing counterpart presented by Xxx et al. [51], Xxxxxx et al. [53], Xxxxx et al. [42] and Xxxxx et al. [54]. The computed values are shown in Table
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Storage Requirement. Air Products shall have available to it at all times during the Regular Supply Period (except upon the occurrence of a Force Majeure that directly affects Air Products’ ability to do so) a Working Storage Capacity of not less than [*****] tonnes (the “Minimum Storage”) at each of its delivery destinations in the US Gulf and any Alternate Delivery Point requested which is to be used exclusively for the methanol to be delivered by MMC to Air Products hereunder. Air Products shall cooperate and coordinate with MMC to [*****] in the combined use by Air Products and MMC of the Minimum Storage (whether for MMC’s [*****]) and MMC’s share in the costs of the storage for any methanol stored by MMC in the storage facility shall be equal to the average of the actual storage costs incurred by the parties at such storage facilities In the immediately preceding calendar quarter expressed in USD/Tonne multiplied by the number of Tonnes of methanol discharged by MMC into the storage facility for its own account for the month. If Air Products does not have the Minimum Storage available at the US Gulf, notwithstanding Section 3 of the cover Agreement and the balance of Section 6 of this Appendix 1, the methanol to be delivered by MMC hereunder shall be delivered to Air Products at St. Rose, Louisiana on FCA terms and the price shall be the Base Price plus the average of the actual storage costs incurred by MMC and its Affiliates in the immediately preceding calendar quarter to store methanol at their storage facilities in St. Rose, Louisiana expressed in USD/Tonne, plus USD [*****] per Tonne.

Related to Storage Requirement

  • Service Requirement Except as otherwise provided in Section 6(e) of the Plan or Section 2 of this Agreement, this Option may be exercised only while you continue to provide Service to the Company or any Affiliate, and only if you have continuously provided such Service since the Grant Date of this Option.

  • Notice Requirement No termination of this Agreement shall be effective unless and until the party terminating this Agreement gives prior written notice to all other parties of its intent to terminate, which notice shall set forth the basis for the termination. Furthermore,

  • Maintenance Requirements The Contractor shall ensure and procure that at all times during the Maintenance Period, the Project Highway conforms to the maintenance requirements set forth in Schedule-E (the “Maintenance Requirements”).

  • Notice Requirements All notices required or permitted by this Lease shall be in writing and may be delivered in person (by hand or by messenger or courier service) or may be sent by regular, certified or registered mail or U.S. Postal Service Express Mail, with postage prepaid, or by facsimile transmission during normal business hours, and shall be deemed sufficiently given if served in a manner specified in this Paragraph 23. The addresses noted adjacent to a Party's signature on this Lease shall be that Party's address for delivery or mailing of notice purposes. Either Party may by written notice to the other specify a different address for notice purposes, except that upon Lessee's taking possession of the Premises, the Premises shall constitute Lessee's address for the purpose of mailing or delivering notices to Lessee. A copy of all notices required or permitted to be given to Lessor hereunder shall be concurrently transmitted to such party or parties at such addresses as Lessor may from time to time hereafter designate by written notice to Lessee.

  • Lessee’s Compliance with Applicable Requirements Except as otherwise provided in this Lease, Lessee shall, at Lessee's sole expense, fully, diligently and in a timely manner, materially comply with all Applicable Requirements, the requirements of any applicable fire insurance underwriter or rating bureau, and the recommendations of Lessor's engineers and/or consultants which relate in any manner to the Premises, without regard to whether said requirements are now in effect or become effective after the Start Date. Lessee shall, within ten (10) days after receipt of Lessor's written request, provide Lessor with copies of all permits and other documents, and other information evidencing Lessee's compliance with any Applicable Requirements specified by Lessor, and shall immediately upon receipt, notify Lessor in writing (with copies of any documents involved) of any threatened or actual claim, notice, citation, warning, complaint or report pertaining to or involving the failure of Lessee or the Premises to comply with any Applicable Requirements.

  • Service Requirements Grantee shall:

  • SUBLEASE REQUIREMENTS The following terms and conditions shall apply to any subletting by Tenant of all or any part of the Premises and shall be deemed included in each sublease:

  • Release Requirement Notwithstanding any provision herein to the contrary, except as otherwise determined by the Company, in order for the Grantee to receive Shares pursuant to the settlement of Vested RSUs under Section 6(a), (b), (c), (d) or (e) above, the Grantee (or the representative of his or her estate) must execute and deliver to the Company a general release and waiver of claims against the Company, its Subsidiaries and their directors, officers, employees, shareholders and other affiliates in a form that is satisfactory to the Company (the “Release”). The Release must become effective and irrevocable under applicable law no later than 60 days following the date of the Grantee’s death, termination of employment or transfer of position, as applicable.

  • Diligence Requirements Company shall use diligent efforts, or shall cause its Affiliates and Sublicensees to use diligent efforts, to develop Licensed Products and to introduce Licensed Products into the commercial market; thereafter, Company or its Affiliates or Sublicensees shall make Licensed Products reasonably available to the public. Specifically, Company or Affiliate or Sublicensee shall fulfill the following obligations:

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