MMGO definition

MMGO has the meaning ascribed to it Clause 6.01;
View Source
MMGO. Monthly Minimum Guaranteed Offtake has the meaning ascribed to it Article 6.01..
View Source

Examples of MMGO in a sentence

  • The adjustment will be made between the cumulative MMGO paid by the Buyer during the Financial Year and the value of Annual Shortlifted Quantity.

  • Buyer will either take such quantity of Gas or if not taken pay for Monthly Minimum Guaranteed Off-take (MMGO) charges under Article 6 herein and the DCQ shall be binding on the Buyer.

  • Provided that in all such cases contemplated under this Clause 8.04, the provisions relating to payment of MMGO Charges by the Buyer contained in Clause 6.01 and 6.02 shall apply.

  • The Buyer shall be liable to pay the MMGO Charges as per provisions of Article 6 hereinafter to the Seller on account of failure to offtake due to defect in the Buyer's intake arrangement.

  • Upon and for the duration of such suspension, Seller shall be relieved of their obligation to make Gas available for delivery to Buyer under this Agreement, but Buyer shall not be discharged of any of its obligations under this Agreement including Buyer’s obligations under Article 6 to take and pay for, or pay for if not taken a quantity of Gas at least equal to the MMGO.

  • An amount equal to 80% of the monthly quantity on the basis of the DCQ , i.e., the Monthly Minimum Guaranteed Off-take (MMGO) charges.

  • Further, Seller shall have the right to suspend the supply of Gas to the Buyer as a result of the Buyer not keeping the L/C valid and this shall be without prejudice to the rights of Seller to recover for MMGO as per Clause 6.01 of the Agreement.

Related to MMGO

  • MGD means million gallons per day. "mg/l" means milligrams per liter. "ug/l" means micrograms per liter. "ng/l" means nanograms per liter. "S.U." means standard pH unit. "kg/day" means kilograms per day.

  • PMAX means the maximum generator real power output reported in MWs on a seasonal basis.

  • Ohio Business Gateway means the online computer network system, created under section 125.30 of the Ohio Revised Code, that allows persons to electronically file business reply forms with state agencies and includes any successor electronic filing and payment system.

  • CIS means a collective investment scheme.

  • BEO means a written order issued by the Contractor to the Judicial Council that confirms the Judicial Council’s specific instructions and orders with respect to the Program on any one or more of the following, but does not alter any of the Agreement’s terms and conditions: (i) meeting and/or function room(s) and set-up requirements and/or rental charges; (ii) meal menus and prices and set-up requirements; and/or (iii) audio-visual equipment and set-up requirements and/or rental charges. ▇▇▇’s will be approved and signed by the Judicial Council’s representative, as set forth in Exhibit B.