Level of Lifting Sample Clauses

Level of Lifting. Level of Lifting with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Lifting (LL) = (ACQ-DDQ) X 100 ACQ Where: LL = Level of Lifting of Coal by the Purchaser during the Year. DDQ shall have the same meaning as given in Clause 4.11.
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Level of Lifting. Level of Lifting with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Lifting (LL) = (Σ (SQ ± VQ) -Σ DDQ) X 100 Σ(SQ ± VQ) Where: SQ = The Monthly Scheduled Quantity, in Tonnes, for such month; VQ = Increase / decrease over or under the Monthly Scheduled Quantity for such month pursuant to Clause – 3.5.2 and 3.5.3 for such month(s), expressed in Tonnes. LL = Level of Lifting of Coal by the Purchaser for the year. DDQ shall have the same meaning as given in Clause 3.10.
Level of Lifting. Reference:

Related to Level of Lifting

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