Base Quantity definition

Base Quantity shall have the meaning ascribed to it in Clause 5 “Contract Volume and Delivery Restrictions.”

Base Quantity means, for any Contract Year, a portion of PM's Annual Quantity Requirements equal to the product of (a) the applicable Base Percentage and (b) the PM's Annual Quantity Requirements. The Base Quantity is subject to reduction as provided in Section 3.8.4.

Base Quantity has the meaning given in clause 2.1. Business Day means days excluding Saturdays, Sundays, public holidays and banking holidays in Singapore

Examples of Base Quantity in a sentence

• In such event, for accounting and payment purposes, the first tons delivered in the Make-Up Year shall be considered to be the Make- Up Tons, and deliveries of Make-Up Tons will not be considered a part of the Base Quantity established for the Make-Up Year.

• Specify unit price items with an item number, reference to related sections, Base Quantity, Unit of measure, Unit Price Per Unit, and a caption for the Work included which relates to a complete description in the related sections.

• In the event the non-defaulting party makes the election to deliver or receive Make-Up Tons, as applicable, the defaulting party shall deliver or receive both the Base Quantity and the Make-Up Tons during the Make-Up Year pursuant to a new, mutually-agreed delivery schedule incorporating the delivery of the additional Make-Up Tons.

• Each producer is entitled to cast only one vote for each position in the group wherein he produced celery for market in the current season and pos- sesses a Base Quantity.

• No producer may transfer any Base Quantity or Marketable Allot- ment or obtain the same without first submitting a report containing all the details of the proposed transfer to the committee for record keeping and verification.

More Definitions of Base Quantity

Base Quantity has the meaning specified in Section 3.1.

Base Quantity means the quantity of Pulpwood to be Made Available to Gunns each Planning Year under this Contract in accordance with Clause 4.

Base Quantity means the average daily quantity of Committed Gas for the twelve (12) months prior to Seller’s election in Section

Base Quantity means in each Delivery Year one-half of the Concentrates produced by URI from its Texas Properties (up to a maximum of 600,000 pounds per Delivery Year or a total of 3,000,000 pounds for the entire Term of the Agreement);

Base Quantity means in any consecutive * * * period, * * * MISA Products in any configuration outlined in the BlueArc published price list and specified by HDS in the relevant PO. BlueArc will increase the Base Quantity in increments of * * * additional MISA Products commencing * * * or other mutually agreeable time frame after payment by HDS of a mutually agreed upon additional amount.

Base Quantity for any Delivery Year means the amount of Beryllium set forth in Section 3.1 opposite such Delivery Year under the heading "Base Quantity", subject to adjustment pursuant to Section 3.2, Section 11.1 and/or Section 11.3.

Base Quantity means the average daily quantity of Committed Gas for the twelve (12) months prior to Seller’s election in Section 2.06.