Estimated Load Quantity definition

Estimated Load Quantity means, in relation to a specific Agreement between the Parties for the sale and purchase of a cargo of LNG, the quantity specified in paragraph 3 of the relevant LNG Sales Confirmation Notice.
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Examples of Estimated Load Quantity in a sentence

  • In relation to a specific Agreement between the Parties for the sale and purchase of LNG, the quantity that Seller expects to sell and deliver to Buyer in each Full Cargo Lot, and which Buyer expects to purchase and receive, shall be the Estimated Load Quantity specified in paragraph 3 of the LNG Sales Confirmation Notice, such quantity being the Parties' reasonable commercial estimate of the quantity of LNG to be loaded on to the Accepted LNG Ship or Ships .

  • Except as otherwise provided herein, each Accepted LNG Ship shall lift the Estimated Load Quantity of LNG specified in its nomination during the corresponding Set Range and Seller shall have the right to postpone the loading of any LNG Ship which arrives at the Loading Point after the expiry of her Set Range or any LNG Ship which arrives during her Set Range but would not in Seller's opinion be able to complete loading within the Set Range.

Related to Estimated Load Quantity

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

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.