Miscellaneous Scrap Clause Samples

The 'Miscellaneous Scrap' clause defines how leftover or excess materials, often referred to as scrap, are to be handled at the conclusion of a project or contract. Typically, this clause specifies whether the scrap remains the property of the contractor, must be returned to the client, or is to be disposed of in a particular manner. For example, it may require the contractor to remove all debris from the site or allow them to sell the scrap for their own benefit. The core function of this clause is to clarify ownership and responsibility for scrap materials, thereby preventing disputes and ensuring proper site cleanup.
Miscellaneous Scrap. With regard to other steel scrap (e.g., crop ends, test coupons, burned-to-length scrap and the like) ("Miscellaneous Scrap") generated by Buyer, the following procedures shall apply: (i) Where rail access is readily available, LPM will load the Miscellaneous Scrap onto rail cars used to deliver the Rounds to LPM hereunder, at which time ownership of such Scrap shall pass to Republic, and LPM shall have no further claim, right, title, interest, obligation or liability in, to or in connection with such Scrap. Republic shall pay LPM for the Miscellaneous Scrap [****] received from the Lake Terminal scale. All costs associated with the transportation and weighing of such Scrap shall be borne by [****]; (ii) Where rail access is not readily available, LPM will load the Miscellaneous Scrap into scrap boxes ("Boxes") provided and maintained by LPM. When a Box is full, LPM will arrange for delivery of such Box to Republic, with the costs of such delivery to be borne by [****]. Republic shall pay to LPM the amount set forth below for the Miscellaneous Scrap [****], as measured on the truck scales located at the ▇▇▇▇▇, Inc. Lorain, Ohio facility, with the costs of such weighing to be borne by LPM. Ownership of the Miscellaneous Scrap shall pass to Republic upon delivery of such Scrap to Republic, and LPM shall have no further claim, right, title, interest, obligation or liability in, to or in connection with such Scrap. (iii) For Miscellaneous Scrap Republic will pay to LPM an amount equal to the arithmetic average of the low and high scrap prices for the Chicago, Cleveland and Pittsburgh areas for plate and structural [****]' maximum, as published by American Metal Market on the fifth working day of the month such scrap is delivered, less $[****] per Gross ton for handling. (iv) LPM agrees to prepare the Miscellaneous Scrap to lengths of approximately [****] feet or less, and will segregate carbon versus alloy wherever possible.
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Related to Miscellaneous Scrap

  • Miscellaneous Items Borrower shall deliver to Lender such other items, documents and evidences pertaining to the Line of Credit as may reasonably be requested by Lender.

  • Miscellaneous Terms The term "or" is disjunctive; the term "and" is conjunctive. The term "shall" is mandatory; the term "may" is permissive. Masculine terms also apply to females; feminine terms also apply to males. The term "including" is by way of example and not limitation.

  • MISCELLANEOUS RULES 1 The provisions of this Agreement shall not be construed to restrict in any manner any exclusion, exemption, deduction, credit, or other allowances now or hereafter accorded: (a) by the laws of a Contracting State in the determination of the tax imposed by that State; or (b) by any other agreement entered into by a Contracting State.

  • Miscellaneous Leave Leave with or without pay may be granted for the following purposes subject to the criteria set out below being met. (a) Where a teacher is prevented from travelling from their home to work because of an emergency situation outside of the control of the teacher (up to seven (7) days leave with pay may be granted) provided that this provision is for emergencies only. Approval shall not be given where the teacher has advance notice or in circumstances where the teacher could be reasonably expected to have foreseen the situation arising. Where practicable the teacher is to inform the school of the reasons for the absence and is required to return to duty as soon as possible. Full details of the case shall be submitted.

  • Miscellaneous Fees In addition to the Course Fees, the miscellaneous fees set out in Schedule 2.2 may be payable by the Student (the “Miscellaneous Fees”).