Common use of Adjustment for analyzed quality/ Grade Clause in Contracts

Adjustment for analyzed quality/ Grade. 12.2.1 The debit note/credit note with regard to adjustment for quality, as determined under Clause 5.6, shall be supported by the relevant analysis report(s) of the Third Party/referee results/joint sampling/weighted average analysis, as the case may be, in accordance with Clause 5.6. 12.2.2 The Seller shall issue credit note/debit note on account of Grade variation to the extent of difference in the Notified Price of Declared Grade and analysed Grade of Coal as follows: (a) In case of Third Party result which is not sent for referee analysis, within seven (7) days of receipt of Third Party result by the Seller; (b) In case of referee analysis, within seven (7) days of receipt of referee analysis results by the Seller; (c) In case of joint sampling, within seven (7) days of the date of jointly signed result; or (d) In case of weighted average analysis, within seven (7) days of the joint determination of weighted average result to be applied.

Appears in 2 contracts

Samples: Fuel Supply Agreement, Fuel Supply Agreement

AutoNDA by SimpleDocs

Adjustment for analyzed quality/ Grade. 12.2.1 The debit note/credit note with regard to adjustment for quality, as determined under Clause 5.65, shall be supported by the relevant analysis report(s) of the Third Party/referee results/joint sampling/weighted average analysis, as the case may be, in accordance with Clause 5.6. 12.2.2 5. The Seller shall issue credit note/debit note on account of Grade variation to the extent of difference in the Notified Price of Declared Grade and analysed Grade of Coal as follows: (a) In case of Third Party result which is not sent for referee analysis, within seven 7 (7seven) days of receipt of Third Party result by the Seller; (b) In case of referee analysis, within seven 7 (7seven) days of receipt of referee analysis results by the Seller; (c) In case of joint sampling, within seven 7 (7seven) days of the date of jointly signed result; or (d) In case of weighted average analysis, within seven (7) days of the joint determination of weighted average result to be applied.

Appears in 1 contract

Samples: Fuel Supply Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!