MPQ definition
Examples of MPQ in a sentence
The quantity thus scheduled in the IWG meeting shall be the Monthly Planned Quantity (MPQ) for each Buyer for the month M.
The minimum order/minimum delivery will be in multiples of MPQ (Multiple Package Quantity) or one POQ (Preferred Order Quantity).
Each such quantity shall be (i) no smaller than the MPQ for the applicable Component; and (ii) if greater than such MPQ, shall be a multiple of such MPQ.
Hub Orders and Supplier’s fulfillment of Hub Orders shall comply with MOQ and MPQ.
Buyer will also be liable to Seller for long lead-time components which are non-cancelable and non-returnable (“NCNR”), as well as any MOQ (Minimum Order Quantity) and MPQ (Minimum Package Quantity) which have been listed on costed BOM’s provided with quote and purchased by Seller (with Buyer’s prior written approval) to cover Buyer’s firm purchase orders hereunder.
Operator shall provide interruptible service for Customer and shall receive, inject, park, loan, store, withdraw and redeliver the quantities of natural gas up to Customer’s MDIQ, MDWQ, MPQ and/or MLQ, as applicable and as set forth in Exhibit A hereto.
The Bonus MPQ Tokens shall be subject to a hold-back such that: (A) 50% of the Bonus MPQ Tokens shall be retained by Company and delivered to the Purchaser three (3) months after the Delivery Date; and (B) the remaining 50% of the Bonus MPQ Tokens shall be retained by Company and delivered to Purchaser six (6) months after the Delivery Date.
Purchaser has had an opportunity to review the proposed functionality and code of the MPQ Token and has read and understood Company’s materials describing Company and the MPQ Token, including the Offering Memorandum.
Company may establish a separate issuing entity for the MPQ Token and all rights and obligations of Company under this Purchase Agreement, including the Right, may be assigned to the issuing entity; provided however, that any such assignee assumes all rights and obligations of Company hereunder, including, without limitation, the obligations set forth in Section 2 (b) (i) hereof.
Purchaser will not be entitled to a refund of its Right and no MPQ Tokens shall be issued to Purchaser if Purchaser refuses to provide information requested pursuant to this Section 6(c) or if the information provided indicates that a refund of its Right may be a violation of law under the laws of any applicable jurisdiction.