FACILITIES / BENEFITS FOR MOU CUSTOMERS Sample Clauses

FACILITIES / BENEFITS FOR MOU CUSTOMERS. I. ELIGIBILITY CRITERIA A. To continue to get benefits under the Annual MOU Scheme: (i) The customer should fulfill the eligibility criteria for monthly MOU reward at least 4 times in each half of the financial year and 8 times in total. (ii) The customer should achieve minimum 90% of the signed quarterly quantity of 1st & 2nd Quarter put together. (iii) The customer should lift the agreed Annual MOU quantity in the MOU period of 2021-22. The customer should fulfill all the above criteria for availing Annual MOU reward. However, if any Annual MOU customer fails to meet the criteria as above, the customer would not be entitled to get Annual MOU reward but shall continue to be a MOU customer. For Quarterly MOU Reward (i) Eligibility for fulfilling Quarterly MOU quantity for 1st Quarter (April – June 2021) only: The customers who lift minimum 80% of signed quarterly MOU quantity shall be eligible for quarterly MOU reward. Shortfall up to 10 MT in achieving 100% of signed quarterly MOU quantity shall not be considered as failure. (ii) For the balance three quarters of the MOU period, i.e., 2nd Quarter (July-September 2021), 3rd Quarter (October-December 2021) and 4th Quarter (January-March 2022): The customers who lift minimum 90% of signed quarterly MOU quantity shall be eligible for quarterly MOU reward. Shortfall up to 10 MT in achieving 100% of signed quarterly MOU quantity shall not be considered as failure. For Monthly MOU Reward (i) Eligibility for fulfilling Monthly MOU quantity for April 2021 only: Partial lifting of MoU Quantity during April 2021 shall not be considered as failure. All customers having lifting >1 MT during April 2021 shall be eligible for monthly MOU reward for actual lifted quantity as per their signed MoU slab.
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FACILITIES / BENEFITS FOR MOU CUSTOMERS a) MOU customers will get priority in dispatch. Considering the DI issuance date as 1st day and the turn of the MOU customer does not come for dispatch of the specified product while making the program on the 2nd day for loading on the 3rd day, then the priority would be given to the MOU customers for giving program on 3rd day subject to availability of the product. There could also be an inevitable queue amongst the MOU customers depending on the DI quantum and the stock availability. To avoid such situation to the extent possible, the above priority would be as follows: Monthly MOU Qty. <72 MT = 1 truck/day (approx 16 MT) Monthly MOU Qty. <144 MT = 2 truck /day (approx 32 MT) Monthly MOU Qty. >144 MT = 3 truck/day (approx 48 MT) However in case of more material availability after considering above, the additional material could be given on priority to MOU customers based on their seniority against their pending DIs but not more than their monthly MOU qua In case of material availability after meeting monthly MOU quantity, additional quantity may be given to MOU customers on priority upto 10% over their monthly MOU quantity rounded off to nearest truckload multiples depending on their DI seniority. However, if MOU customers are not interested to lift additional material the same could be given to non-MOU customers. b) MOU Customer Reward for MOU of each category of product as indicated at 2 (a) & (b): This would be calculated considering the following : I) Basic price for the purpose of calculating the MOU reward would be the Basic price ex-plant ruling on the date of dispatch. II) GRADED MOU REWARD: This would be calculated as follows.
Sample 1Sample 2Sample 3
FACILITIES / BENEFITS FOR MOU CUSTOMERS. I. ELIGIBILITY CRITERIA A. To continue to get benefits under the Annual MOU Scheme: (i) The customer should fulfill the eligibility criteria for monthly MOU reward at least 4 times in each half of the financial year and 8 times in total. (ii) The customer should achieve minimum 90% of the signed quarterly quantity of 1st & 2nd Quarter put together. (iii) The customer should lift the agreed Annual MOU quantity in the MOU period of 2018-19. (iv) Once an Annual MOU customer fails to meet the criteria as above, the customer would automatically cease to be a MOU customer and would not be entitled for any benefit under the scheme thereafter. For Quarterly Reward MOU (i) Eligibility for fulfilling Quarterly MOU quantity for 1st Quarter (April – June 2018) only: The customers who lift minimum 80% of signed quarterly MOU quantity shall be eligible for quarterly MOU reward. Shortfall up to 10 MT in achieving 100% of signed quarterly MOU quantity shall not be considered as failure.
Sample 1
FACILITIES / BENEFITS FOR MOU CUSTOMERS a) MOU customers will get priority in dispatch. Considering the DI issuance date as 1st day and the turn of the MOU customer does not come for dispatch of the specified product while making the program on the 2nd day for loading on the 3rd day, then the priority would be given to the MOU customers for giving program on 3rd day subject to availability of the product. There could also be an inevitable queue amongst the MOU customers depending on the DI quantum and the stock availability. To avoid such situation to the extent possible, the above priority would be as follows: Monthly MOU Qty. <72 MT = 1 truck/day (approx 16 MT) Monthly MOU Qty. <144 MT = 2 truck /day (approx 32 MT) Monthly MOU Qty. >144 MT = 3 truck/day (approx 48 MT) .
Sample 1

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