Option Quantity definition

Option Quantity means, in relation to the DSR Option, the Winter Average Demand less the DSR Reduced Quantity;

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Option Quantity means the quantity of Fuel that is covered by an Option and that, upon the proper exercise of such Option by the Option Buyer, is required to be sold and delivered (and purchased and received) pursuant to the Transaction.

Option Quantity means the quantity of Coal that is covered by an Option and that, upon the proper exercise of such Option by the Option Buyer, is required to be sold and delivered (and purchased and received) pursuant to the Transaction.

Examples of Option Quantity in a sentence

• Such amount may be less than, but may not be more than, the Option Quantity.

• Rejection Limits, premiums and/or penalties, and, if the Transaction includes an Option, Option Quantity, Exercise Date(s), strike price(s) and any other relevant terms agreed to by the Parties, including any specific exceptions to the Master Agreement.

• Customer and the Authority now desire to classify the Prior Agreement Water as Option Quantity and to provide a schedule to track the disposition of the right to purchase such water as provided in this Agreement.

• From the Trade Date until the earlier of (a) the date six (6) months after the Trade Date or (b) the date three (3) days after receipt by HSI of the Option Quantity at the Delivery Point from the third party supplier.

• Prior Agreement Water: 6,229,529.2 GPD (Original Option Quantity).

• Beginning September 1, 2033, ▇▇▇▇▇▇▇▇▇ agrees to pay monthly to the Authority at its offices in Texas City, Texas, as “Option Payments,” an amount equal to the Option Quantity times the then current published rate for Option Water (the “Option Rate”) as set by the Authority Board.

• The Starting USD Variable Price for purposes of this Schedule 6 is (a) for any volume which forms part of the Annual Base Quantity, USD 199.00 (one hundred ninety-nine US dollars), or (b) for any volume which forms part of the Option Quantity, USD 203.00 (two hundred three US dollars).

• Upon the effective date of such long-term water supply contract with the Authority’s Other Customer, the Option shall terminate as to the Remarket Quantity but otherwise continue in effect as to any remaining portion of the Option Quantity for the remainder of the Option Period, and Schedule I shall be updated to reduce the Option Quantity by the quantity of Option Water that is being converted to Remarket Quantity in such long-term water supply contract.

• For and in consideration of the payments described herein, the Authority agrees that Purchaser shall have the option, exercisable as set out herein, to purchase on a take or pay basis up to the Option Quantity.

• Y+1 or Y+2 is less than one hundred thousand (100,000) kWh the DSR Option for the Gas Year shall lapse with immediate effect on the date NGT gives notice of the Option Quantity to the Consumer under Clause 3.4 (and the Consumer shall not be entitled to any payment in respect of the DSR Option).

More Definitions of Option Quantity

Option Quantity means the quantity of Commodity that is covered by an Option and that, upon the proper exercise of such Option by the Option buyer, is required to be sold and delivered (and purchased and received) pursuant to the Transaction.

Option Quantity. Like volumes as set forth in the Put Option.

Option Quantity means any amount of Biomass which the Seller agrees to sell and deliver and the Purchaser agrees to purchase and accept in accordance with Clause Error! Reference source not found.(b) (Option Quantities).

Option Quantity shall have the meaning given to such term in Section 3.02(b).

Option Quantity. Like volumes as set forth in the Commodity Purchase.

Option Quantity means, in relation to the DSR Option, the Winter Average Demand less the DSR Quantity;