Excess Shipment definition

Excess Shipment with TIANWEI’s written consent. This shipment will be credited against each subsequent Minimum Annual Quantity of Product. For example, if the Minimum Annual Quantity of Product for a given Year is [*] metric tons, and if HOKU delivers [*] metric tons in January, then the next shipment of [*] metric tons is not required until the following Year.
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Excess Shipment with JINKO’s prior written consent. This shipment will be credited against each subsequent Minimum Annual Quantity of Product. For example, if the Minimum Annual Quantity of Product for a given Year is **** metric tons, and if HOKU delivers **** metric tons in January, then the next shipment of **** metric tons is not required until the following Year. HOKU shall deliver any deficiency in the Minimum Annual Quantity of Product within the first quarter in the next Year. Any deficient shipments of the Minimum Annual Quantity of Product which are delayed beyond the first quarter of the next Year shall be deemed to constitute a material breach of this Agreement pursuant to Section 10.2.1. For the avoidance of doubt, each monthly shipment shall be applied first to satisfy the Minimum Monthly Quantity for that calendar month. Any Product in excess of this amount shall then be applied to reduce the oldest outstanding Deficiency.
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Excess Shipment means the shipment of all or any remaining balance of the Minimum Annual Quantity of Product, as hereinafter, defined, prior to the end of any current Contract Year as described in Section 3.2 of this Agreement.
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Examples of Excess Shipment in a sentence

  • This Excess Shipment will be credited against each subsequently due monthly shipment until the end of the applicable Year and will be invoiced to ESLR and paid for by ESLR in the same way as a monthly shipment.

Related to Excess Shipment

  • Drop shipment means the sale of a prescription drug to a

  • Shipment means a volume of products offered to and accepted by Carrier for transportation.

  • Actual Shipments means volumes of Crude Petroleum that originate on the Pipeline at the Receipt Point and that are ultimately delivered at a Delivery Point. All volumes shall be measured at the Receipt Point.

  • Destination facility means a facility that treats, disposes of, or recycles a particular category of universal waste, except those management activities described in subparagraphs (a) and (c) of sections 273.13 and 273.33. A facility at which a particular category of universal waste is only accumulated, is not a destination facility for purposes of managing that category of universal waste.

  • Advance shipment notice means an electronic notification used to list the contents of a shipment of goods as well as additional information relating to the shipment, such as passive radio frequency identification (RFID) or item unique identification (IUID) information, order information, product description, physical characteristics, type of packaging, marking, carrier information, and configuration of goods within the transportation equipment.