Minimum Stock of Coal at the Receiving Yard Sample Clauses

Minimum Stock of Coal at the Receiving Yard. (i) The Buyer shall maintain a minimum stacking capacity of [ MS ] Tonnes** at the Receiving Yard, excluding the Coal in the Receiving * (*) equivalent to one twelfth of Annual Contract Quantity. Yard Xxxxxx, xxxxxx and rapid loading system constructed by the Buyer at the Receiving Yard (Receiving Yard Stock). The Buyer shall give the Seller a daily notice of the level of its stock at the Receiving Yard calculated as per following formula Closing Stocks = Opening Stocks + Receipts - Dispatches.
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Related to Minimum Stock of Coal at the Receiving Yard

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