Supply and Quantity Clause Samples

The Supply and Quantity clause defines the obligations of the supplier to provide specific goods or services in agreed-upon amounts. It typically outlines the exact quantities to be delivered, delivery schedules, and any permissible variations or adjustments in supply. This clause ensures both parties have a clear understanding of what is to be supplied and in what amounts, thereby preventing disputes over shortages or over-deliveries and ensuring that the buyer receives the expected quantity.
Supply and Quantity. (a) Subject to all the terms and provisions of the Agreement, during each of calendar years 2011, 2012 and 2013, Seller shall supply and Buyer shall purchase, receive and pay for the minimum volumes of Grade * and Grade * set forth in the following table (or such other quantities and percentages by each Grade (as that term is defined in Section 3.1) of Coke as agreed in writing by the Parties): Grade * Grade * 2011 * Metric Tons * Metric Tons CONFIDENTIAL TREATMENT HAS BEEN CLAIMED FOR PORTIONS OF THIS AGREEMENT IN ACCORDANCE WITH RULE 406 UNDER THE SECURITIES ACT OF 1934 AND RULE 24b-2 UNDER THE SECURITIES EXCHANGE ACT OF 1934 2012 * Metric Tons * Metric Tons 2013 * Metric Tons * Metric Tons (b) Upon execution of this Agreement and on or before *, and *, Buyer shall deliver to Seller a written annual forecast (each, an “Annual Forecast”) of its planned liftings during the following calendar year by month and by Grade. On or before the twentieth day of each calendar month, Buyer shall deliver to Seller written updated forecasts of its planned liftings during the remainder of the then current calendar year by month and location and provide a requested weekly shipping plan for the following month. Within ten business days of its receipt of an Annual Forecast or updated forecast, Seller shall either accept or propose revisions to such Annual Forecast or updated forecast by giving Buyer written notice of such acceptance or proposal. If Seller proposes revisions to an Annual Forecast or updated forecast, Seller and Buyer shall negotiate in good faith to reach a written agreed Annual Forecast or updated forecast, provided that (i) no Annual Forecast or revised forecast shall relieve Buyer of its obligation to purchase or Seller of its obligation to sell the minimum volume of each Grade of Coke specified above or such other quantities of each Grade of Coke as agreed in writing by the Parties during each of 2011, 2012 and 2013, and (ii) except as provided in an agreed Annual Forecast of updated forecast, Seller shall not be required to deliver any Grade of Coke other than approximately ratably by calendar quarter, subject to typical seasonal variations. 2.2 [Reserved] 2.3 Buyer recognizes that, upon the occurrence of a force majeure event, each of Seller and its affiliates has an obligation to supply its respective customers on a fair and equitable basis under the circumstances.
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Supply and Quantity. 2.1 Subject to all the terms and provisions of the Agreement, Seller shall supply and Buyer shall purchase, receive and pay for an agreed-upon quantity and quality of Coke during each year of the Agreement with the intent being for Seller and its affiliates to supply as much Coke as [TEXT DELETED] and [TEXT DELETED], [TEXT DELETED] subject always to Buyer's obligations for purchases of Coke from other producers existing as of the Effective Date. The intent is that the quantity of Coke supplied under this agreement will be in the range of [TEXT DELETED] per year. Periodically, but no less frequently than quarterly from the Effective Date, Buyer shall provide a 12 month forecast in writing for quantities and Grades of Coke to be supplied hereunder and broken down by month (each a "Forecast"). If Seller objects to a Forecast, it shall notify Buyer within 10 business days of its receipt of such Forecast and Seller and Buyer shall proceed to agree on a mutually agreeable Forecast. The Forecasts so applied shall become part of this Agreement, and each Forecast shall serve as an amendment of the prior Forecast for purposes of this Agreement. 2.2 Buyer recognizes that Seller and its affiliates will continue to sell Coke to other customers and will from time to time have initiatives to improve Coke quality and quantity to these customers. 2.3 Buyer further recognizes that, upon the occurrence of a force majeure event, Seller and its affiliates each has an obligation to supply its respective customers on a fair and equitable basis under the circumstances. Seller recognizes, solely for purposes of this Section 2.3, that Coke is essential to graphite electrodes which are essential to electric arc furnace steel production, that UCAR is the [TEXT DELETED] manufacturer of graphite electrodes and supplies [TEXT DELETED]% of the world's consumption thereof, that a material disruption in the supply of graphite electrodes could materially affect the steel industry and important aspects of the economy, and that, under the Agreement, UCAR will become [TEXT DELETED] on [TEXT DELETED] for its [TEXT DELETED] for Coke and [TEXT DELETED] of the [text deleted] of Coke from Conoco. Therefore, upon the occurrence of a force majeure event, Seller shall consider the foregoing factors in allocating its supply of Coke equitably amongst all its customers and any [TEXT DELETED] in such supply to [TEXT DELETED] shall be [TEXT DELETED] is to [TEXT DELETED].
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Related to Supply and Quantity

  • STANDARDS AND QUALITY The Supplier shall at all times during the Contract Period ensure that the Services are delivered in accordance with: the Digital Service Design Manual (and the Supplier shall comply with the processes and procedures set out therein); the Standards; the KPIs; the Methodology; the applicable SOW; and all other applicable provisions of this Contract.

  • ESTIMATED QUANTITIES 1.1 The quantities set forth in the line items and specification document are approximate and represent the estimated requirements for the contract period. 1.2 Items listed may or may not be an inclusive requirements for this category. 1.3 Category items not listed, but distributed by bidder are to be referred to as kindred items. Kindred items shall receive the same percentage of discount or pricing structure as items listed in the specification document. 1.4 The unit prices and the extended total prices shall be used as a basis for the evaluation of bids. The actual quantity of materials necessary may be more or less than the estimates listed in the specification document, but the City/County shall be neither obligated nor limited to any specified amount. If possible, the Owners will restrict increases/decreases to 20% of the estimated quantities listed in the specification document.

  • Contract Quantity The Contract Quantity during each Contract Year is the amount set forth in the applicable Contract Year in Section D of the Cover Sheet (“Delivery Term Contract Quantity Schedule”), which amount is inclusive of outages.

  • Number and Qualification Prior to a public offering of Shares there may be a sole Trustee. Thereafter, the number of Trustees shall be determined by a written instrument signed by a majority of the Trustees then in office, provided that the number of Trustees shall be no less than two or more than nine. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. An individual nominated as a Trustee shall be at least 21 years of age and not older than 80 years of age at the time of nomination and not under legal disability. Trustees need not own Shares and may succeed themselves in office.

  • Number and Qualifications The number of Managers of the Company shall not be less than three nor more than five, as may be determined by the Member from time to time, but no decrease in the number of Managers shall have the effect of shortening the term of any incumbent Manager.