Rejection Limits definition

Rejection Limits means the quality characteristics for the Coal pursuant to a Transaction as specified in the relevant Confirmation that give rise to a rejection right of Buyer pursuant to Article 5.2 of this Master Agreement.
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Rejection Limits means the quality characteristics for the Fuel pursuant to a Transaction as specified in the relevant Confirmation that give rise to a rejection right of Buyer pursuant to this Master Agreement.
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Rejection Limits means the relevant limits of each Specification at which point the Buyer may reject a shipment tendered for delivery by the Supplier hereunder, as listed under the heading “Rejection Limits” in Appendix B.
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Examples of Rejection Limits in a sentence

  • Buyer has the right, but not the obligation, to reject any Shipment which is subject to rejection based on any or all of the Rejection Limits set forth in §6.1 or which contains extraneous materials (“Non-Conforming Coal”).

  • Within five (5) business days from notice of rejection, Seller shall replace the Rejected Coal with coal from the Coal Properties that is of a quality not subject to any of the Rejection Limits set forth in §6.1 (“Replacement Coal”).

  • With respect to shipment(s) which fail to conform to any or all of the Rejection Limits set forth in §6.1, Buyer must reject such coal within seventy-two (72) hours of receipt of the coal analysis provided for in §7.2 or such right to reject is waived.

  • Buyer has the right, but not the obligation, to reject any shipment which fail(s) to conform to any or all of the Rejection Limits set forth in §6.1 or contains extraneous materials.

  • Seller shall replace the rejected coal within five (5) working days from notice of rejection with coal conforming to all of the Rejection Limits set forth in §6.1. If Seller fails to replace the rejected coal within such five (5) working day period or the replacement coal is rightfully rejected, Buyer may purchase coal from another source in order to replace the rejected coal.

  • Buyer has the right, but not the obligation, to reject any shipment which fail(s) to conform to the Rejection Limits set forth in SECTION 6.1 or contains extraneous materials.

  • Buyer has the right, but not the obligation, to reject any shipment which fail(s) to conform to the Rejection Limits set forth in Section 6.1 or contains extraneous materials.

  • Seller shall replace the rejected coal within five (5) working days from notice of rejection with coal conforming to the Rejection Limits set forth in Section 6.1. If Seller fails to replace the rejected coal within such five (5) working day period or the replacement coal is rightfully rejected, Buyer may purchase coal from another source in order to replace the rejected coal.

  • Except to the extent modified pursuant to §3.4 above, the coal delivered hereunder shall conform to the following specifications on an “as received” basis: Specifications Guaranteed Monthly Weighted Average (1) Rejection Limits (per shipment) BTU/LB.

  • If the coal sold hereunder fails to meet the same applicable Guaranteed Monthly Weighted Average specification set forth in §6.1 for any two (2) months in a six (6) month period, or if five (5) shipments are rejectable for any Rejection Limits specification set forth in §6.1 in any thirty (30) day period, then Buyer may upon telephone or e- mail notice to Seller, and subsequently confirmed in writing and sent to Seller by mail, suspend future shipments except shipments already loaded.


More Definitions of Rejection Limits

Rejection Limits means the “rejection limits” set out in clause 11.1;
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Rejection Limits means the rejection limits set forth in Exhibit C and the other requirements of Waste Coat set forth in the definition of Waste Coal.
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Related to Rejection Limits

  • Concentration Limits means, as of any date of determination prior to (x) the Commitment Termination Date with respect to all items below and (y) the Final Maturity Date with respect to the concentration limit set forth in clause (c) below, for purposes of determining the Excess Concentration Amount and the Borrowing Base, the concentration limitations set forth below:

  • Deduction Limitation means the following described limitation on a benefit that may otherwise be distributable pursuant to the provisions of this Plan. Except as otherwise provided, this limitation shall be applied to all distributions that are "subject to the Deduction Limitation" under this Plan. If an Employer determines in good faith prior to a Change in Control that there is a reasonable likelihood that any compensation paid to a Participant for a taxable year of the Employer would not be deductible by the Employer solely by reason of the limitation under Code Section 162(m), then to the extent deemed necessary by the Employer to ensure that the entire amount of any distribution to the Participant pursuant to this Plan prior to the Change in Control is deductible, the Employer may defer all or any portion of a distribution under this Plan. Any amounts deferred pursuant to this limitation shall continue to be credited/debited with additional amounts in accordance with Section 3.6 below, even if such amount is being paid out in installments. The amounts so deferred and amounts credited thereon shall be distributed to the Participant or his or her Beneficiary (in the event of the Participant's death) at the earliest possible date, as determined by the Employer in good faith, on which the deductibility of compensation paid or payable to the Participant for the taxable year of the Employer during which the distribution is made will not be limited by Section 162(m), or if earlier, the effective date of a Change in Control. Notwithstanding anything to the contrary in this Plan, the Deduction Limitation shall not apply to any distributions made after a Change in Control.

  • Concentration Limit means at any time for any Obligor, the product of (i) such Obligor’s Specified Concentration Percentage, times (ii) the aggregate Unpaid Balance of the Eligible Receivables included in the Receivables Pool at the time of determination.

  • Order limits means the limits shown on the works plans within which the authorised development may be carried out;

  • Annual Additions means, with respect to each Participant, the sum of those amounts allocated to the Participant's Account under this Plan and accounts under any other qualified defined contribution plan to which the Employer or a Related Employer contributes for any Limitation Year, consisting of the following: