Common use of Cost of Umpire Assay Clause in Contracts

Cost of Umpire Assay. The cost of the umpire assay shall be borne by the Party whose result is further from the umpire’s. However, if the umpire assay is the exact mean of the assays exchanged by the Parties, such cost shall be borne equally by the Parties.

Appears in 2 contracts

Samples: Refining Agreement (Stillwater Mining Co /De/), Refining Agreement (Stillwater Mining Co /De/)

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Cost of Umpire Assay. The cost of the umpire assay shall be borne by the Party whose result is further from the umpire’s's. However, if the umpire assay is the exact mean of the assays exchanged by the Parties, such cost shall be borne equally by the Parties.

Appears in 2 contracts

Samples: Master Goods and Services Agreement (Stillwater Mining Co /De/), Refining Agreement (Stillwater Mining Co /De/)

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Cost of Umpire Assay. The cost of the umpire assay shall -------------------- be borne by the Party whose result is further from the umpire’s's. However, if the umpire assay is the exact mean of the assays exchanged by the Parties, such cost shall be borne equally by the Parties.

Appears in 1 contract

Samples: PGM Concentrate Refining Agreement (Stillwater Mining Co /De/)

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