GRADE AND QUALITY Sample Clauses

The "Grade and Quality" clause defines the required standards or specifications that goods or services must meet under a contract. It typically outlines the acceptable characteristics, such as material grade, workmanship, or performance benchmarks, and may reference industry standards or specific measurements. This clause ensures that both parties have a clear understanding of the expected quality, reducing disputes and providing a basis for rejecting non-conforming goods or services.
GRADE AND QUALITY. Fully Refrigerated Propane (herein, the “Product”).
GRADE AND QUALITY. West Texas Intermediate (“WTI”) Crude Oil All Crude Oil delivered to STUSCO under this Agreement shall be fully compliant with all aspects of the Magellan Pipeline Company, L.P. Local Pipeline Tariff Containing Rules and Regulations Governing the Transportation and Handling of Crude Petroleum Transported by Pipeline (“Rules”) and any applicable tariff and shall not cause STUSCO to be out of compliance with such Rules or any applicable tariff, each as amended from time to time. If any Crude Oil delivered under this Agreement is rejected by the operator of the Pipeline or, due to its non-compliance with the Rules, subjects STUSCO to any monetary penalty or deduction or extra cost, then Seller shall indemnify STUSCO against any claims, losses, deductions, costs, damages, or expenses. In addition, at a minimum, Crude Oil must meet the following requirements: WTI API Gravity, API 36.0-42.0 Sulphur Content, Weight % <= 0.45 ▇▇▇ ▇▇▇▇ Vapor Pressure, psi 9.5 Max True Vapor Pressure, psi 11.0 BS&W <= 1.0% Any Crude Oil outside of the parameters above shall not be delivered to STUSCO under this Agreement unless mutually agreed in writing before delivery. For the avoidance of doubt, any Crude Oil delivered at any Delivery Point (as defined in Clause 6 below), including that which is delivered upstream of the Pipeline must also meet all specifications, including the applicable pipeline specifications, as it is delivered at the Delivery Point.
GRADE AND QUALITY. The quality of grain delivered pursuant to this Agreement shall be determined at the place and time of delivery. The weights and grades determined by CFS at such time shall govern. All deliveries of grain shall be of the grade and quality as specified in the Offer. CFS reserves the right to reject grain that does not comply with the terms of the Offer. In the event CFS refuses to accept delivery of any grain shipment due to noncompliance with grade and/or quality requirements, Customer shall still be obligated to sell grain as set forth in the offer. Rejection of a shipment does not release Customer from its obligations as set forth in the Offer. All grain sold pursuant to this Agreement shall be of merchantable quality, unadulterated, and unrestricted from movement in interstate commerce within the meaning of the Federal Food, Drug, and Cosmetic Act, Environmental Protection Agency, U.S. Grain Standards Act, and any applicable state law.

Related to GRADE AND QUALITY

  • STANDARDS AND QUALITY The Supplier shall at all times during the Contract Period ensure that the Services are delivered in accordance with: the Digital Service Design Manual (and the Supplier shall comply with the processes and procedures set out therein); the Standards; the KPIs; the Methodology; the applicable SOW; and all other applicable provisions of this Contract.

  • Number, Tenure and Qualifications The number of managers of the Company shall be not less than one (1) nor more than ten (10), but may be increased by amendment of this LLC Agreement by the Members. Each manager shall hold office for the term of which he is elected or until his successor shall have been elected and qualifies for the office, whichever period is longer. Managers need not be residents of the state of formation nor need they be the holder of any Percentage Ownership of the Company.

  • Number and Qualifications The number of Managers of the Company shall not be less than three nor more than five, as may be determined by the Member from time to time, but no decrease in the number of Managers shall have the effect of shortening the term of any incumbent Manager.

  • Number and Qualification Prior to a public offering of Shares there may be a sole Trustee. Thereafter, the number of Trustees shall be determined by a written instrument signed by a majority of the Trustees then in office, provided that the number of Trustees shall be no less than two or more than nine. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. An individual nominated as a Trustee shall be at least 21 years of age and not older than 80 years of age at the time of nomination and not under legal disability. Trustees need not own Shares and may succeed themselves in office.

  • Existence and Qualification The Contracting Party is an Oklahoma municipality, validly existing and in good standing under the laws of the State of Oklahoma, and the Contracting Party has all requisite power and authority to own, operate and lease its properties and to carry on its business as presently conducted.