Examples of Maximum Contract Quantity in a sentence
In no event shall payment be processed for a quantity of RECs that will (a) cumulatively cause the quantity of RECs associated with the Vintage months of a Delivery Year to exceed the Delivery Year Requirement for such Delivery Year, plus interest on late payments as required herein; or (b) cumulatively cause the quantity of RECs associated with Vintages in the Acceptable Vintage Period to exceed the Maximum Contract Quantity, plus interest on late payments as required herein.
Term of Agreement Unless earlier terminated pursuant to the terms of this Agreement, the “Term” of this Agreement shall be from the Effective Date until the earlier of (a) the date on which the Maximum Contract Quantity has been Delivered by Seller to Buyer and payments for such RECs have been paid by the Party owing payment to the Party for which payment is due; or (b) the last day of the month immediately following the end of the Delivery Term.