Delivered Ex Quay definition

Delivered Ex Quay means that the seller delivers when the goods are placed at the disposal of the buyer not cleared for import on the quay (wharf) at the named port of destination. The seller has to bear costs and risks involved in bringing the goods to the named port of destination and discharging the goods on the quay (wharf).The DEQ term requires the buyer to clear the goods for import and to pay for all formalities, duties, taxes and other charges uponimport.
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Delivered Ex Quay means that the seller delivers when the goods are placed at the disposal of the buyer not cleared for import on the quay (wharf) at the named
Sample 1
Delivered Ex Quay means that the seller fulfils his obligation to deliver when he has made the goods available to the buyer on the quay (wharf) at the named port of destination.
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Examples of Delivered Ex Quay in a sentence

  • DAF (Delivered at Frontier), DES (Delivered Ex Ship), DEQ (Delivered Ex Quay) and DDU (Delivered Duty Unpaid) have been eliminated and replaced by two new clauses, whereas the re- maining nine clauses of the INCOTERMS 2000 continue to exist.

  • DEQ: See Delivered Ex Quay (INCOTERM definition) Deregulation: Revisions or complete elimination of economic regulations controlling transportation.

  • Similarly DEQ (Delivered Ex Quay) can only be used when it is clearly specified that the duties payable upon import of the goods must not be included in the bidder‟s price as this Incoterm allows the possibility of including such costs.

  • Moreover, the Old-calendarists are a very active and anti-occidental minority within the Church.

  • DES can only be used for sea transportation.183 DEQ - Delivered Ex Quay (…named port of destination) - The seller should sign transport agreement and put the goods at the buyer's disposal on the quay at the agreed port of delivery.

  • In a reversal of previous practice, the buyer must also arrange for customs clearance.DEQ - Delivered Ex Quay *This arrangement is basically the same as with DDP, except for the fact that the buyer is responsible for the duty, fees and taxes.DDU - Delivered Duty Unpaid DDP terms tend to be used in intermodal or courier-type shipments.

  • The INCOTERMS - a set of international commercial terms commonly used in the transport sector - do not only determine where the merchandise should be delivered (Ex Works, Free Carrier, Free Alongside Ship, Free On Board, Delivered Ex Ship) or who should pay the customs duties (Delivered Ex Quay, Delivered Duty Unpaid, Delivered Duty Paid) and costs (Cost and Freight, Cost Insurance and Freight, Carriage and Insurance Paid to, Delivered at Frontier).

  • Delivered Ex Quay (b) Delivered Export Quay (c) Delivered Ex Que (d) Delivered Export Que (iii) According to article 17 of Vienna convention International Sale of Goods, an offer, even if it is irrevocable, is when a rejection reaches the offeree.

  • Cost and Freight.ANS: BFree Alongside Ship, Cost and Freight, and Delivered Ex Quay all require the exporter to clear the merchandise for export.

  • DEQ - Delivered Ex Quay (named port of destination): maritime and inland waterway only; seller delivers when the goods are placed at the buyer's disposal, not cleared for import, on the dock (quay) at the named port of destination.

Related to Delivered Ex Quay

  • Definite quantity contract means a fixed price contract that provides for a

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.1. Demand Bid:

  • PJM Region Peak Load Forecast means the peak load forecast used by the Office of the Interconnection in determining the PJM Region Reliability Requirement, and shall be determined on both a preliminary and final basis as set forth in Tariff, Attachment DD, section 5.

  • Peak tube potential means the maximum value of the potential difference across the x-ray tube during an exposure.

  • Basic gas supply service means gas supply service that is

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Limited Demand Resource Reliability Target for the PJM Region or an LDA, shall mean the maximum amount of Limited Demand Resources determined by PJM to be consistent with the maintenance of reliability, stated in Unforced Capacity that shall be used to calculate the Minimum Extended Summer Demand Resource Requirement for Delivery Years through May 31, 2017 and the Limited Resource Constraint for the 2017/2018 and 2018/2019 Delivery Years for the PJM Region or such LDA. As more fully set forth in the PJM Manuals, PJM calculates the Limited Demand Resource Reliability Target by first: i) testing the effects of the ten- interruption requirement by comparing possible loads on peak days under a range of weather conditions (from the daily load forecast distributions for the Delivery Year in question) against possible generation capacity on such days under a range of conditions (using the cumulative capacity distributions employed in the Installed Reserve Margin study for the PJM Region and in the Capacity Emergency Transfer Objective study for the relevant LDAs for such Delivery Year) and, by varying the assumed amounts of DR that is committed and displaces committed generation, determines the DR penetration level at which there is a ninety percent probability that DR will not be called (based on the applicable operating reserve margin for the PJM Region and for the relevant LDAs) more than ten times over those peak days; ii) testing the six-hour duration requirement by calculating the MW difference between the highest hourly unrestricted peak load and seventh highest hourly unrestricted peak load on certain high peak load days (e.g., the annual peak, loads above the weather normalized peak, or days where load management was called) in recent years, then dividing those loads by the forecast peak for those years and averaging the result; and (iii) (for the 2016/2017 and 2017/2018 Delivery Years) testing the effects of the six-hour duration requirement by comparing possible hourly loads on peak days under a range of weather conditions (from the daily load forecast distributions for the Delivery Year in question) against possible generation capacity on such days under a range of conditions (using a Monte Carlo model of hourly capacity levels that is consistent with the capacity model employed in the Installed Reserve Margin study for the PJM Region and in the Capacity Emergency Transfer Objective study for the relevant LDAs for such Delivery Year) and, by varying the assumed amounts of DR that is committed and displaces committed generation, determines the DR penetration level at which there is a ninety percent probability that DR will not be called (based on the applicable operating reserve margin for the PJM Region and for the relevant LDAs) for more than six hours over any one or more of the tested peak days. Second, PJM adopts the lowest result from these three tests as the Limited Demand Resource Reliability Target. The Limited Demand Resource Reliability Target shall be expressed as a percentage of the forecasted peak load of the PJM Region or such LDA and is converted to Unforced Capacity by multiplying [the reliability target percentage] times [the Forecast Pool Requirement] times [the DR Factor] times [the forecasted peak load of the PJM Region or such LDA, reduced by the amount of load served under the FRR Alternative].

  • Base Capacity Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Resources and the clearing price for Capacity Performance Resources, representing the cost to procure additional Capacity Performance Resources out of merit order when the Base Capacity Resource Constraint is binding.

  • Extended Summer Resource Price Adder means, for Delivery Years through May 31, 2018, an addition to the marginal value of Unforced Capacity as necessary to reflect the price of Annual Resources and Extended Summer Demand Resources required to meet the applicable Minimum Extended Summer Resource Requirement.

  • Indefinite quantity contract means a fixed price contract that:

  • Base Capacity Demand Resource Price Decrement means, for the 2018/2019 and 2019/2020 Delivery Years, a difference between the clearing price for Base Capacity Demand Resources and Base Capacity Energy Efficiency Resources and the clearing price for Base Capacity Resources and Capacity Performance Resources, representing the cost to procure additional Base Capacity Resources or Capacity Performance Resources out of merit order when the Base Capacity Demand Resource Constraint is binding.

  • Actual weight means the actual unladen weight of a vehicle or combination of

  • Supply Period means for a Supply Point, the period beginning on the Start Date and ending on the Termination Date;

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Locational Deliverability Area Reliability Requirement means the projected internal capacity in the Locational Deliverability Area plus the Capacity Emergency Transfer Objective for the Delivery Year, as determined by the Office of the Interconnection in connection with preparation of the Regional Transmission Expansion Plan, less the minimum internal resources required for all FRR Entities in such Locational Deliverability Area.

  • Projected PJM Market Revenues means a component of the Market Seller Offer Cap calculated in accordance with Tariff, Attachment DD, section 6. Proportional Multi-Driver Project: “Proportional Multi-Driver Project” shall have the same meaning provided in the Operating Agreement. Pseudo-Tie:

  • Limited Resource Price Decrement means, for the 2017/2018 Delivery Year, a difference between the clearing price for Limited Demand Resources and the clearing price for Extended Summer Demand Resources and Annual Resources, representing the cost to procure additional Extended Summer Demand Resources or Annual Resources out of merit order when the Limited Resource Constraint is binding.