Final Verified Quantity definition

Final Verified Quantity means the Biomethane that receives positive verification during the Annual Verification and is accepted by the ARB as exempt Biomethane with no compliance obligations under the Cap and Trade program.
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Examples of Final Verified Quantity in a sentence

  • Only Final Verified Quantity will count towards deliveries of Annual Contract Quantity for the purposes of calculating Events of Default or Force Majeure termination rights.

  • The following constitute Events of Default under Section 10.2 of the NAESB Base Contract, and could result in termination of the Transaction as described in Section XX below: The Final Verified Quantity applicable to a calendar year is less than 80% of the Annual Contract Quantity applicable to that calendar year.

  • The Early Termination Payment will also include the Biomethane Adder for any Scheduled Quantity that is not Final Verified Quantity.

  • If during the verification process, only for any Interim Unverified Quantity that receives a positive verification statement and becomes Final Verified Quantity, Buyer will remit payment for this Interim Unverified Quantity multiplied by the Biomethane Adder in accordance with Section 7.2 of the Base Contract.

  • If Product for which Buyer has paid the Biomethane Adder does not qualify as Final Verified Quantity, Seller shall remit payment to Buyer for this amount multiplied by the Biomethane Adder in accordance with Section 7.2 of the Base Contract.