Interim Verified Quantity definition
Interim Verified Quantity means the Biomethane delivered in a calendar month for which Seller provides verification documentation (attestation, affidavit, pipeline injection statements that detail the actual volume and heat content) to prove that Product is Biomethane.
Examples of Interim Verified Quantity in a sentence
The Biomethane Adder is US$ ___/ MMBtu For each calendar month during the Delivery Period that Seller delivers to Buyer Biomethane, Buyer shall pay Seller a monthly payment calculated as the sum of: Interim Verified Quantity * Contract Price; and Interim Unverified Quantity * Gas Index Buyer will not pay Seller the Biomethane Adder for deliveries above the Annual Contract Quantity in each calendar year.
Buyer will remit payment on or before the later of the Payment Date or 10 business days after receipt of invoice by Buyer and Seller has provided documentation supporting Interim Verified Quantity.