Despatch Rate Sample Clauses

Despatch Rate. Seller should maintain the Min despatch rate of 300 trucks per day to the plant or else suitable LD will be levied.
AutoNDA by SimpleDocs
Despatch Rate. Seller should maintain the Min despatch rate of 300 trucks(9000MT) per day to the plant, LD@100/MT will be levied on the short despatch quantity calculated on average of 3days despatch. However, the above LD is not applicable in case despatch is held due to reasons attributed to Xxxxx.
Despatch Rate. Seller should maintain the Min despatch rate of 300 trucks or minimum 9000mt, whichever is lower per day to the plant, LD@Rs 100/MT will be levied on the short despatch quantity calculated on average of 3days despatch. This is subject to buyer making the payment to seller for minimum 15,000MT at a time and buyer maintaining unloading at plant 24 X 7 & truck TAT at plant to be maintained less than 2.5 hrs. However, the above LD will not be applicable in case despatch is held up due to reasons attributed to buyer or force majeure conditions.

Related to Despatch Rate

  • Interest Period Commencing on the first (1st) Payment Date of the month following the month in which the Funding Date of the applicable Term Loan Advance occurs, and continuing on each Payment Date thereafter, Borrower shall make monthly payments of interest on the principal amount of each Term Loan Advance at the rate set forth in Section 2.2(a).

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