Common use of Authorized Overrun Charges Clause in Contracts

Authorized Overrun Charges. (i) The Authorised Overrun Charges payable for a Fortnight shall equal the sum of the Authorised Overrun Charges payable in respect of each Day in the Fortnight. (ii) The Authorised Overrun Charge payable in respect of a Redelivery Point on a Day shall be the product of the Authorised Overrun Quantity and the Authorised Overrun Rate (as detailed in the Annexure-1) for that CT Redelivery Point on that Day.