Quantity Delivered definition

Quantity Delivered means the quantity of LNG, expressed in MMBtu, actually delivered under a Transaction for an LNG Cargo, as determined in accordance with Clause 10.3;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Quantity Delivered means the quantity of energy expressed in MMBtu contained in a cargo of LNG unloaded under a Specific Order as per the EX-SHIP Certificate of Volume on Unloading and the EX-SHIP Certificate of Quality on Unloading.

Quantity Delivered means the total net LNG, expressed in MMBtu and m3, actually delivered by the Customer from the LNG Cargo (subject to operational tolerance of +/- 5%), and taken by PLL at the Receiving Facilities, as determined in accordance with Schedule 5 (LNG Measurement, Sampling and Testing).

Examples of Quantity Delivered in a sentence

• The Daily Quantity Delivered, the Daily Quantity Delivered to the PDL “with subscription” and the Daily Quantity Delivered to the PDL “without subscription”, pursuant to the Contract, at any Transport Distribution Interface Point shall be determined by GRTgaz based on the information provided by the Operator of the distribution network located downstream of the said point and, where appropriate, in accordance with the Declaration(s) at the PITD posted on TRANS@ctions.

• In the event of any increase or additional payments of tax or penalties associated with the employment of the Employee or the provision of Employee benefits under the salary packaging agreement, such as tax, penalties and any other costs shall be borne by the Employee.

• Such notification shall include all data and documents necessary to support the calculation of the Quantity Delivered.

• Every Day, for each Transport Distribution Interface Point, the Daily Quantity Transmitted on the Regional Network is equal to the Daily Quantity Delivered at the Transport Distribution Interface Point as specified in Sub-clause 9.3 above.

• OVERRUN‌ Every day, for each Hourly Delivery Capacity specified in Appendix 2 to the Contract, the difference, if it is positive, between - The maximum value of the hourly average of the Hourly Quantity Delivered during four (4) consecutive hours on the relevant Day, and - The corresponding Hourly Delivery Capacity shall constitute an Hourly Capacity Overrun.

• Such preliminary invoice shall be issued showing the Quantity Delivered and/or the Price, as estimated in good faith by or on behalf of Seller.

• After final determination of the Quantity Delivered, and/or after the determination of the final Price, Seller shall promptly provide Buyer with a final invoice and the appropriate adjustment payment shall be made by Buyer or Seller (as applicable) to the other within ten (10) Business Days from the date of receipt of the final invoice by Buyer by email.

• Every Day, for each Consumer Delivery Point, respectively for each Regional Network Interconnection Point, the Daily Quantity Transmitted on the Regional Transmission Network is equal to the Daily Quantity Delivered at the Consumer Delivery Point, respectively at the Regional Network Interconnection Point, as specified in Sub-clauses 9.1 and 9.2 above.

• After final determination of the Quantity Delivered, and/or after the determination of the final LNG price, which shall not be unreasonably delayed, Seller shall promptly provide Buyer with a final invoice and the appropriate adjustment payment (including interest as calculated under Sub-Clause 10(7)) shall be made by Buyer or Seller (as applicable) to the other within twenty (20) Business Days from the date of receipt of the final invoice by Buyer.

• Such preliminary invoice shall be issued showing the provisional Quantity Delivered, as estimated in good faith by the Seller, and/or the provisional price.

More Definitions of Quantity Delivered

Quantity Delivered means the number of MMBtu contained in an LNG Cargo unloaded under a specific Confirmation Notice issued under this Agreement, calculated in accordance with Annex B. "Reasonable and Prudent Operator" refers to the standard of care to be exercised by a Party in performing its obligations in good faith hereunder and/or under a Transaction and means the degree of diligence, prudence and foresight reasonably and ordinarily exercised by an experienced operator engaged in the same line of business under the same or similar circumstances and conditions having due consideration to the interests of the other Party.

Quantity Delivered means the quantity of LNG (expressed in MMBtu) loaded (in the case of an FOB delivery) or unloaded (in the case of an Ex-Ship delivery) pursuant to a specific Confirmation Notice issued under this Agreement, calculated in accordance with Schedule 4 (Measurement and Testing).

Quantity Delivered means the number of MMBTU contained in a cargo of LNG delivered by Seller to Buyer hereunder, determined in accordance with the provisions of Article 6 and Annexure C.

Quantity Delivered means the quantity of LNG (expressed in MMBtu) actually loaded onto an Approved LNG Ship as determined in accordance with Schedule 3.

Quantity Delivered means, with respect to a given Cargo, the quantity of LNG, expressed in MMBtu, delivered by Supplier to Buyer from such Cargo at the Delivery Point, as determined pursuant to §7 and Exhibit B.

Quantity Delivered means the quantity of LNG expressed in MMBtu in any cargo actually delivered by the Customer and taken by PLL at the LNG Receipt Point, as determined in accordance with Schedule 5 (LNG Measurement, Sampling and Testing).