Common use of End-use of Coal Clause in Contracts

End-use of Coal. The total quantity of Coal supplied pursuant to this Agreement is meant for use at the [ name & location of the Plant(s)] as listed in Schedule-I. the Purchaser shall not sell/divert and/or transfer the Coal for any purpose whatsoever and the same shall be treated as material breach of Agreement. In the event that the Purchaser engages or plans to engage into any such resale or trade, the Seller shall terminate this Agreement forthwith without any liabilities or damages, whatsoever, payable to the Purchaser. It is expressly clarified that the Seller shall reserve the right to verify including the right to inspect/ call for any document from the Purchaser and physically verify the end-use of Coal and satisfy itself of its authenticity. The Purchaser shall have the obligation to comply with the Seller’s directions/ extend full co-operation in carrying out such verification/ inspection.

Appears in 12 contracts

Samples: d3u7ubx0okog7j.cloudfront.net, Supply Agreement, Date of Agreement

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End-use of Coal. The total quantity of Coal supplied pursuant to this Agreement is meant for use at the [ name & location of the Plant(s)] as listed in Schedule-Schedule I. the The Purchaser shall not sell/divert and/or transfer the Coal to any third party for any purpose whatsoever and the same shall be treated as material breach of Agreement. In the event that the Purchaser engages or plans to engage into any such resale or tradeHowever, the Seller purchaser may transfer the coal meant for its one Power Plant to another Power Plant fully owned by the purchaser provided that such supply of coal shall terminate for all commercial purposes under this Agreement forthwith without any liabilities or damages, whatsoever, payable to remain unchanged and on account of the Purchaseroriginal Power Plant. It is expressly clarified that the Seller shall reserve the right to verify including the right to inspect/ call for any document from the Purchaser and physically verify the end-use of Coal and satisfy itself of its authenticity. The Purchaser shall have the obligation to comply with the Seller’s directions/ extend full co-operation in carrying out such verification/ inspection.

Appears in 1 contract

Samples: Agreement

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End-use of Coal. The total quantity of Coal supplied pursuant to this Agreement is meant for use at the [ [[•] name & location of the Plant(s)] as listed in Schedule-Schedule I. the The Purchaser shall not sell/divert and/or transfer the Coal to any third party for any purpose whatsoever and the same shall be treated as material breach of Agreement. In the event that the Purchaser engages or plans to engage into any such resale or trade, the Seller shall terminate this Agreement forthwith without any liabilities or damages, whatsoever, payable may suspend the deliveries of coal pursuant to the Purchaserclause 14.1(c). It is expressly clarified that the Seller shall reserve the right to verify including the right to inspect/ call for any document from the Purchaser and physically verify the end-use of Coal and satisfy itself of its authenticity. The Purchaser shall have the obligation to comply with the Seller’s directions/ extend full co-operation in carrying out such verification/ inspection.

Appears in 1 contract

Samples: Supply Agreement

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