ACQ definition

ACQ shall have the meaning as ascribed to it in Clause 4.1
ACQ for shall be equal to the CQ minus the sum of the following quantities for each Day during the Term of this Agreement:
ACQ has the meaning assigned to such term in the applicable Credit Agreement Designated Offtake Agreement.

Examples of ACQ in a sentence

  • Multiplier shall be 0.15 for Additional Deliveries between 90%-95% of ACQ and 0.30 for Additional Deliveries in excess of 95% of ACQ.

  • Schedule - I - Annual Contracted Quantity (ACQ) Schedule - II - Quality of Coal Schedule - III - Bank Guarantee format for Security Deposit Schedule - IV - Bank Guarantee format for Financial Coverage against Coal Supplies.

  • Level of Lifting with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Lifting (LL) = (ACQ-DDQ) X 100 ACQ Where: LL = Level of Lifting of Coal by the Purchaser during the Year.

  • It is expressly clarified that no such revision in ACQ shall take place if the average Level of Lifting (LL), as per the foregoing, is greater than eighty percent (80%).

  • Tenant shall never use Chromated Copper Arsenate (CCA), Alkaline Copper Quaternary (ACQ), or creosote-treated wood at any location.


More Definitions of ACQ

ACQ for each Annual Year shall be equal to the aggregate of the DCQ in effect for each Day of the Annual Year.
ACQ has the meaning ascribed to it in Clause 5.03 of this Agreement;
ACQ has the meaning given to it in the applicable FOB Sale and Purchase Agreement.
ACQ has the meaning given in the applicable LNG SPA.
ACQ has the meaning set out in Article 6.1.
ACQ as defined in Section 5.1.1;
ACQ means the total sum of all DCQ for a Contract Year.