Scheduled Loading Quantity definition

Scheduled Loading Quantity means the quantity of LNG (expressed in MMBtu) expected to be loaded for a Cargo scheduled for delivery in an Annual Delivery Programme and/or Specific Delivery Schedule or scheduled for delivery as a Commissioning Cargo, as stated therein.
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Examples of Scheduled Loading Quantity in a sentence

  • The Buyer shall promptly notify the Seller Group of such change and the Seller Group shall update the ADP and/or the Specific Delivery Schedule accordingly if (i) the Buyer’s ability to take delivery of the Scheduled Loading Quantity for the applicable Cargo is not affected by the change and (ii) the only change is the Approved LNG Ship and there is no other change to the ADP and/or SDS.

  • The provisions of Clauses 7.4 and 7.6 shall not apply to any Cargo if the Quantity Delivered for that Cargo is at least [***] of the Scheduled Loading Quantity.

  • If the Quantity Delivered is less than [***] of the Scheduled Loading Quantity for a Cargo, the Scheduled Loading Quantity (excluding the Operational Tolerance) shall be used for the purpose of calculating amounts due in accordance with the provisions of Clauses 7.4 or 7.6, as applicable.

  • For the avoidance of doubt, the Parties shall seek in good faith to deliver and take the Scheduled Loading Quantity for each Cargo (without any adjustment in respect of the Operational Tolerance) and the Operational Tolerance shall apply only in the manner described above in this Clause 7.9 and shall not be assumed or implied as reducing/increasing the Buyer’s obligations under Clause 7.4 or the Seller Group’s obligations under Clause 7.6.

  • For each Cargo there shall be an operational tolerance of up to plus [***] or minus [***] of the Scheduled Loading Quantity (the “Operational Tolerance”).

  • The Seller Group's liability to the Buyer under Clause 14.3.3(D) shall not exceed an amount equal to [***] of the Scheduled Loading Quantity multiplied by the Contract Price for the Cargo.

  • If, as of the [***] hour after the end of the Arrival Window, the Approved LNG Ship has not tendered NOR, and the Seller Group is unable to reschedule loading of the relevant Cargo, the Scheduled Loading Quantity that the Buyer failed to take (for reasons other than those in Clauses 7.4.1 (A) to (F) (inclusive)) shall be deemed to be a Cargo Take or Pay Quantity in accordance with Clause ‎7.4.1.

Related to Scheduled Loading 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.

  • Scheduled Quantity means the net quantity of Gas (being the difference between receipt and delivery nominations) agreed by MDL and the Welded Party to pass through (or, in the case of a Notional Welded Point, be deemed to have passed through) the relevant Welded Point for a Day.

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

  • Delivery Point ; shall mean the point(s) of connection(s) at which energy is delivered into the Grid System i.e. the Interconnection Point.

  • Gathering System means that portion of Gatherer’s pipeline system, including all appurtenances thereto, related to the provision of gathering and transportation services provided by Gatherer pursuant to this tariff.