Annual Nomination definition

Annual Nomination has the meaning established in Section 4.2.
Annual Nomination shall have the meaning described in Section 5.1 and Appendix B.
Annual Nomination means a good faith, non-binding forecast of all Movement Nominations of a Shipper for a Contract Year.

Examples of Annual Nomination in a sentence

  • The quantity of sales on an annual basis shall be consistent with each Annual Nomination, in accordance with Section 4.2, which Annual Nomination shall be equal to or greater than the Annual Contract Quantity, except to the extent that Excusing Conditions occur.

  • However, Buyer acknowledges that to the extent requested sales under the Annual Nomination are greater than the Annual Contract Quantity, such excess sales shall be at the discretion of Seller and the price applicable to such excess sales shall be a matter of negotiation between the Parties.

  • In the event Seller does not provide the confirmation within the time period specified, Seller shall be deemed to confirm the Annual Nomination for the upcoming Contract Year, subject to the provisions of Section 4.2 with respect to excess sales.

  • By no later than thirty (30) days following receipt of an Annual Nomination, Seller shall provide Buyer with a response confirming Seller’s receipt of the Annual Nomination for the Contract Year in question.

  • In the event Buyer does not provide the new Annual Nomination by the date specified, the Annual Nomination for the upcoming Contract Year shall be deemed to be [*****].

  • If Mittal nominates any amount of Excess Tonnage for a given year, as permitted by Section 1.3(a)(ii), Xxxxxx’x Annual Nomination as provided for in Section 1.3(a) shall include [*********].

  • The amount of each Annual Nomination (between JCP and Dow Europe) Effective Date: June 30, 2004 shall be equal to or greater than the Annual Contract Quantity, except to the extent of applicable Excusing Conditions.

  • During any period of suspension under this Section 5.2, Buyer’s obligations to accept and pay for Coal under this Agreement shall be excused (and the Annual Nomination proportionally reduced) and Buyer may purchase coal from suppliers other than Seller.

  • The United Pellets, or other mutually agreeable pellets, shall be limited to *** of the Annual Nomination for such Contract Year and for the Contract Years thereafter for the remainder of the Term of the Agreement.

  • If a Party claims Force Majeure and shipments of Coal are suspended, neither Seller nor Buyer shall be required to make up or pay for any deficiency in Coal deliveries needed to satisfy the Annual Nomination as adjusted pursuant to Section 4.3 for the Force Majeure Period but the Parties shall, by mutual agreement, provide for the make-up of such suspended deliveries.


More Definitions of Annual Nomination

Annual Nomination has the meaning specified in Section 5.6(a).
Annual Nomination refers to the total number of pounds of Carbon that Buyer instructs Seller to deliver during each Contract Year, in accordance with Section 4.2 of this Agreement.
Annual Nomination as used in this Agreement shall reflect the actual nomination amount in effect from time to time. Notwithstanding the foregoing, if upon the execution of this Agreement or upon the exercise of Buyer’s right to increase the Carbon Purchase Commitment as provided in Section 4.1, the Carbon Purchase Commitment is *.
Annual Nomination refers to the total number of tons of Coal that Buyer instructs Seller to deliver during each Delivery Year, in accordance with Section 4.2 of this Agreement.

Related to Annual Nomination

  • Relevant Nominating Body means, in respect of a benchmark or screen rate (as applicable):

  • Over-Riding Nomination Criteria means the criteria set out in clause 4.2.

  • Nomination Period means a period of time that Customer includes in a nomination for gas service.

  • New Director means an individual whose election by the Board or nomination for election by the Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the Date of Grant or whose election or nomination for election was previously so approved or recommended. However, “New Director” shall not include a director whose initial assumption of office is in connection with an actual or threatened election contest, including but not limited to a consent solicitation relating to the election of directors of the Company.

  • Investor Nominee means a person designated for election to the Board of Directors by the Investor pursuant to the Investment Agreement.

  • Nomination Criteria means the criteria made up of the Over-Riding Nomination Criteria andthe Specific Nomination Factors, and is also referred to as “this Criteria”.

  • Nomination means an offer by a Shipper to a Carrier of a stated quantity of Product for transportation from a specified origin(s) to a specified destination or destinations pursuant to the terms of this tariff.

  • New Directors means any director whose election by the Board or whose nomination for election by the Company's stockholders was approved by a vote of at least two-thirds of the directors then still in office who were Present Directors or New Directors.

  • Nominations means the process by which the customer or the customer's agent notifies the Company of expected transportation quantities.

  • Nomination Date means the twentieth (20th) day of the month preceding the Operating Month.

  • Nominated Athlete means an Athlete who has been nominated to the NZOC by Swimming New Zealand.

  • Nomination Committee means the nomination committee of the Board established in accordance with Article 116;

  • Nomination and Remuneration Committee means a Committee of Board of Directors of the Company, constituted in accordance with the provisions of Section 178 of the Companies Act, 2013 and the Listing Agreement.

  • Nominating Committee means the nominating committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • shadow director means, in relation to a company, any person in accordance with whose directions or instructions the directors of the company are accustomed to act, but the person is not deemed to be a shadow director by reason only that the directors act on advice given by him in a professional capacity; and

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section 1.13(f).

  • Designated Director means a person designated by the RE to ensure overall compliance with the obligations imposed under chapter IV of the PML Act and the Rules and shall include:

  • Nominated Company means a company selected by the Lenders’ Representative and proposed to the Authority for substituting the Concessionaire in accordance with the provisions of the Substitution Agreement;

  • Deputy Director means the Deputy Director of the Authority, as the case may be.

  • Lead Director means, at any given time, the lead, independent member (if any) elected as such by the Board and occupying such position.

  • Nominating and Corporate Governance Committee means the nominating and corporate governance committee of the board of directors of the Company established pursuant to the Articles, or any successor committee.

  • Alternate Director means a person elected or appointed to serve, as the occasion requires, as a member of the board of a company in substitution for a particular elected or appointed director of that company;

  • Governance Committee means the Governance Committee of the Board.

  • Corporate governance annual disclosure means a report an insurer or insurance group files in accordance with the requirements of Chapter 16b, Corporate Governance Annual Disclosure Act.

  • NZOC Nomination and Selection Regulation means the regulation of NZOC relation to the nomination and selection Process for all Olympic and Commonwealth games, including the Games.

  • Preferred Director means any director of the Company that the holders of record of the Preferred Stock are entitled to elect pursuant to the Company’s Certificate of Incorporation.