Limitations to VicForests Rights. In exercising its rights under clause 15.6, VicForests: (a) will act reasonably having regard to the extent of the Market Collapse Event; and (b) may not reduce the Annual Supply Level in any Contract Year to a volume which is less than 50% of the volume set out in Item 3 of Schedule 1.
Appears in 5 contracts
Samples: Linked Harvest Agreement, Haulage Agreement, Harvest Agreement
Limitations to VicForests Rights. In exercising its rights under clause 15.615.7, VicForests:
(a) will act reasonably having regard to the extent of the Market Collapse Event; and
(b) may not reduce the Annual Supply Level in any Contract Year to a volume which is less than 50% of the volume set out in Item 3 of Schedule 1.
Appears in 2 contracts
Samples: Harvest Agreement, Harvest Agreement
Limitations to VicForests Rights. In exercising its rights under clause 15.613.7, VicForests:
(a) will act reasonably having regard to the extent of the Market Collapse Event; and
(b) may not reduce the Annual Supply Level in any Contract Year to a volume which is less than 50% of the volume set out in Item 3 of Schedule 1.
Appears in 2 contracts
Samples: Haulage Agreement, Haulage Agreement
