Common use of Determination of Volumes and Amounts Due Clause in Contracts

Determination of Volumes and Amounts Due. The PARTY that understands that the opposing PARTY has not purchased or supplied, as the case may be, the MANDATORY VOLUME, shall have the option to submit the amounts it believes are due from PARTY to PARTY by virtue of the take or pay obligations provided for in this Clause by January 31 of the year following the PERIOD to which the MANDATORY VOLUME purchase and sale obligation refers. The document presented in accordance with this Clause must contain the corresponding calculations, amounts due, and the supporting documents for the same (“CALCULATION MEMORIAL”).

Appears in 4 contracts

Samples: Commercial Product Purchase Commitment and Other Agreements (Brazil Potash Corp.), Commercial Product Purchase Commitment and Other Agreements (Brazil Potash Corp.), Commercial Product Purchase Commitment and Other Agreements (Brazil Potash Corp.)

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