Contractual Volume definition

Contractual Volume the volume of Product that any Month the Seller is obliged to sell and the Buyer is obliged to buy under the terms of this Agreement in accordance with the established in Clause 3.
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Examples of Contractual Volume in a sentence

  • The Ammonia volume determined by the Buyer, will constitute the Contractual Volume for such month.

  • Determination of Contractual Volume between that base and ordered amount, and volume confirmed in Final Delivery Schedule, for any Month, and of applicable delivery schedule, shall be made in accordance with following provisions in this Section 3.

  • Notwithstanding any agreements in final delivery schedule pursuant to prior paragraphs, the parties agree that they may agree on additional volumes to those established in final delivery schedule, which volumes shall be deemed as amending Contractual Volume only for that month.

  • Subject to the terms and conditions hereof, Product volume to be sold by Seller and bought by Purchaser in any Month (the “Contractual Volume” for such Month) shall be the one between (i) Base Contractual Volume and (ii) volume ordered by Purchaser, and confirmed in Final Delivery Schedule.

  • If Purchaser takes a volume lower than the Monthly Contractual Volume for reasons attributable thereto, the price to be applied shall be that related to Volume actually taken during said month.

  • If volume taken by Purchaser is below the Monthly Contractual Volume for reasons attributable both to Seller and Purchaser, those reasons shall be analyzed and volume attributable to each party in order to apply the relative price.

  • If Purchaser were to withdraw a volume exceeding Monthly Contractual Volume, price to be applied shall be that applicable to volume actually withdrawn for that month.

  • The parties acknowledge that the Contractual Volume Limitation shall expire two years after the date of this Agreement.

  • Evaluation of the Minimum Contractual Volume of Goods Handled will be carried out, excluding those days when no work has been carried out, and which have prejudiced the operations of TEQUIMAR, as a result of an Act of God, as defined under the terms of the Brazilian Civil Code.

  • In Purchaser takes a lower volume not less that **** of its Monthly Contractual Volume and considering these variations in the amount received by Purchaser and supplied by Seller are owing to variations in capabilities of carrier vehicles supplied by Purchaser and/or to product loads (supply) of product manually performed by Seller (without mass measurements), price to be applied shall be that related with the Monthly Contractual Volume.

Related to Contractual Volume

  • Service Volume means a measure of Services for which a Performance Target is set.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Standard Contractual Clauses means the standard contractual clauses for the transfer of personal data to processors established in third countries, as approved by the European Commission in Decision 2010/87/EU, or any set of clauses approved by the European Commission which amends, replaces or supersedes these;

  • EU Standard Contractual Clauses means the standard contractual clauses issued by the European Commission by implementing decision 2021/914 of June 4, 2021 on standard contractual clauses for the transfer of personal data to third countries pursuant to Regulation (EU) 2016/679 of the European Parliament and of the Council.