Common use of Excess Surface Moisture Clause in Contracts

Excess Surface Moisture. (i) In the event that monthly weighted average Surface Moisture in Coal exceeds seven percent (7%) during the months from October to May and nine percent (9%) during the months from June to September, the Coal quantities delivered to the Purchaser during such month shall be adjusted for the resultant excess Surface Moisture, which shall be calculated in percentage by which the Surface Moisture exceeds the foregoing limits. (ii) The Seller shall give regular credit note on account of excess Surface Moisture, as per Clause 10.2(i) above, calculated at the rate of Base Price of analysed Grade of Coal. (iii) Sampling/ analysis and determination of Surface Moisture for compensation shall be done as per the procedure given in Schedule V.

Appears in 3 contracts

Samples: Fuel Supply Agreement, Fuel Supply Agreement, Fuel Supply Agreement

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Excess Surface Moisture. (i) In the event that monthly weighted average Surface Moisture in Coal exceeds seven percent (7%) during the months from October to May and nine percent (9%) during the months from June to September, the Coal quantities delivered to the Purchaser during such month shall be adjusted for the resultant excess Surface Moisture, which shall be calculated in percentage by which the Surface Moisture exceeds the foregoing limits. (ii) The Seller shall give regular credit note on account of excess Surface Moisture, as per Clause 10.2(i) above, calculated at the rate of Base Contract Price of analysed Grade of Coal. (iii) Sampling/ analysis and determination of Surface Moisture for compensation shall be done as per the procedure given in Schedule V.

Appears in 2 contracts

Samples: Coal Supply Agreement, Coal Supply Agreement

Excess Surface Moisture. (i) In the event that monthly weighted average Surface Moisture in Coal exceeds seven percent (7%) during the months from October to May and nine percent (9%) during the months from June to September, the Coal quantities delivered to the Purchaser during such month shall be adjusted for the resultant excess Surface Moisture, which shall be calculated in percentage by which the Surface Moisture exceeds the foregoing limits. (ii) The Seller shall give regular credit note on account of excess Surface Moisture, as per Clause 10.2(i9.2(i) above, calculated at the rate of Base Price of analysed Grade of Coal. (iii) Sampling/ analysis and determination of Surface Moisture for compensation shall be done as per the procedure given in Schedule V.IV.

Appears in 2 contracts

Samples: Coal Supply Agreement, Coal Supply Agreement

Excess Surface Moisture. (i) In the event that monthly weighted average Surface Moisture in Coal exceeds seven percent (7%) during the months from October to May and nine percent (9%) during the months from June to September, the Coal quantities delivered to the Purchaser during such month shall be adjusted for the resultant excess Surface Moisture, which shall be calculated in percentage by which the Surface Moisture exceeds the foregoing limits. (ii) The Seller shall give regular credit note on account of excess Surface Moisture, as per Clause 10.2(i9.2(i) above, calculated at the rate of Base Price of analysed Grade of Coal. (iii) Sampling/ analysis and determination of Surface Moisture for compensation shall be done as per the procedure given in Schedule V.

Appears in 1 contract

Samples: Coal Supply Agreement

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Excess Surface Moisture. (i) In the event that monthly weighted average Surface Moisture in Coal exceeds seven percent (7%) during the months from October to May and nine percent (9%) during the months from June to September, the Coal quantities delivered to the Purchaser during such month shall be adjusted for the resultant excess Surface Moisture, which shall be calculated in percentage by which the Surface Moisture exceeds the foregoing limits. (ii) The Seller shall give regular credit note on account of accountof excess Surface MoistureSurfaceMoisture, as per Clause 10.2(i9.2(ii) above, calculated at the rate of Base Price of analysed Grade of Coal. (iii) Sampling/ analysis and determination of Surface Moisture for compensation shall be done as per the procedure given in Schedule V.

Appears in 1 contract

Samples: Fuel Supply Agreement

Excess Surface Moisture. (i) In the event that monthly weighted average Surface Moisture in Coal exceeds seven percent (7%) during the months from October to May and nine percent (9%) during the months from June to September, the Coal quantities delivered to the Purchaser during such month shall be adjusted for the resultant excess Surface Moisture, which shall be calculated in percentage by which the Surface Moisture exceeds the foregoing limits. (ii) The Seller shall give regular credit note on account of excess Surface Moisture, as per Clause 10.2(i9.2(ii) above, calculated at the rate of Base Price of analysed Grade of Coal. (iii) Sampling/ analysis and determination of Surface Moisture for compensation shall be done as per the procedure given in Schedule V.IV.

Appears in 1 contract

Samples: Coal Supply Agreement

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