Examples of Contract Quantity in a sentence
In addition, in the event Buyer resells all or any portion of the Contract Quantity to another party, Buyer shall be permitted to disclose to the other party to such resale transaction all such information necessary to effect such resale transaction.
Buyer and Seller shall, throughout the Delivery Period, take all commercially reasonable actions and execute any and all documents or instruments reasonably necessary to ensure Buyer’s right to the use of the Contract Quantity for the sole benefit of Buyer’s applicable RAR, LAR and Flexible RAR.
Rather, the Product confers the right to include the Designated RA Capacity associated with the Contract Quantity in RAR Showings, LAR Showings, and Flexible RAR Showings, as applicable, and any other capacity or resource adequacy markets or proceedings as specified in this Confirmation.
Seller’s potential reduction in Contract Quantity for each remaining Showing Month shall equal the product of (i) the applicable Showing Month Contract Quantity and (ii) the total amount (in MW) Unit NQC was reduced since the Confirmation Effective Date, divided by (iii) the Unit NQC as of the Confirmation Effective Date.
If the Product is Contingent Firm RA Product consisting of RA Attributes (and, if applicable, LAR Attributes) but does not include Flexible RA Attributes Seller’s obligation to deliver the applicable Contract Quantity for any Showing Month may also be reduced by Seller if the Unit experiences a reduction in Unit NQC as determined by the CAISO.