Remaining Quantity definition

Remaining Quantity means the Base Quantity plus any Right of First Refusal Tonnage and Option Tonnage for the year immediately preceding termination hereunder multiplied by the number of years until the effective date of the next price review hereunder (e.g., January 1, 2000) or the termination date of this Agreement, as applicable. For example, if Buyer nominates an additional 250,000 tons of Option Tonnage for 1998, and if Seller terminates this Agreement in whole effective December 31, 1998 pursuant to this SECTION13, then Seller would owe Buyer $4,375,000 (1,250,000 x $3.50) under this SECTION13. If this Agreement is terminated early in part, then the Early Termination Price shall be $3.50 times the total tonnage reduced from the Remaining Quantity. For example, if Buyer nominates an additional 250,000 tons of Option Tonnage for 1998, and if Seller terminates this Agreement in part effective December 31, 1998 by reducing the Base Quantity from 1,000,000 to 500,000 tons, then Seller would be obligated to deliver 750,000 tons in 1999 (500,000 tons Base Quantity plus 250,000 tons Option Tonnage) and would owe Buyer $1,750,000 (500,000 x $3.50) under this SECTION13. The Early Termination Price shall be paid in four equal installments on January 1, April 1, July 1, and October 1 of the year immediately succeeding the early termination. This provision is not intended to limit, liquidate, or otherwise affect in any manner damages recoverable for breach of this Agreement. CONTRACT #▇▇-▇▇▇-▇▇▇
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Remaining Quantity means the sum of (i) the quantity of Gas previously delivered to, but not yet paid for by, the Loan Parties under such transactions and (ii) the total quantity of Gas remaining to be delivered to the Loan Parties under such transactions, and "Monthly Price" means the "Alberta Spot Price - AECO C/N.I.T. (7A) C$/GJ" for the applicable month as published in the Canadian Gas Price Reporter in the table entitled "Monthly Canadian and U.S. natural gas price summary".
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Remaining Quantity means that amount of Renewable Attributes that the Parties would have exchanged during the Remaining Support Period (assuming that termination hereunder had not occurred), which amount shall be deemed to be equal to the average quantity of Metered Energy for each pre-termination Settlement Period during the Support Period multiplied by the number of Settlement Periods in the Remaining Support Period (assuming that termination hereunder had not occurred).
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Examples of Remaining Quantity in a sentence

  • If this Agreement is terminated early in whole, then the Early Termination Price shall be $3.50 times the Remaining Quantity.

  • Purchaser may then buy, from time to time, replacement coal (of similar, but not exactly the same, quality) from one or more third parties in an amount up to (but not exceeding) the amount of the Remaining Quantity and arrange to have such replacement coal supplied at such times as Purchaser deems appropriate prior to December 31, 2010.

  • If Distributor does not use the Remaining Quantity, O2Diesel shall have the option to purchase from Distributor the Remaining Quantity at the same price Distributor paid for such O2Diesel Additive.

  • PURCHASER may then buy, from time to time, replacement coal (of similar, but not exactly the same, quality) from one or more third parties in an amount up to (but not exceeding) the amount of the Remaining Quantity and arrange to have such replacement coal supplied at such times as PURCHASER deems appropriate prior to December 31, 2006.

  • If Energenics does not use the Remaining Quantity, O2Diesel shall have the option to purchase from Energenics the Remaining Quantity at the same price Energenics paid for such O2Diesel Additive.

  • The resulting quantity is defined as "Remaining Quantity", (iii) the Shipper shall only request the reprogramming of up to fifty percent (50%) of the Remaining Quantity.

  • The resulting quantity is defined as "Remaining Quantity", (iii) Shipper will only be able to request the reprogramming of up to fifty percent (50%) of the Remaining Quantity.

  • This resulting quantity is defined as "Remaining Quantity", (ii) Shipper shall only request rescheduling of up to fifty percent (50%) of the Remaining Quantity.

Related to Remaining Quantity

  • Paying quantities as used herein shall mean and refer to quantities of oil and gas or of either of them sufficient to pay for the current cost of producing same.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Contract Quantity means the total number shares, contracts or other units of the Underlying Instrument that the Client is notionally buying or selling;

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • CO2 means carbon dioxide.