Part I, Section H Sample Clauses

Part I, Section H. 1. of Amendment #3, shall be deleted and the following is substituted in lieu thereof:

Part I, Section H. 27 of the Contract is hereby amended by adding the following to the end of paragraph (f) thereof: "For example, prior to the issuance by USEC of the delivery order for each calendar year, TENEX and USEC shall agree upon arrangements for cylinders (including, if TENEX requests USEC to arrange for cylinders, an amount to be paid to USEC and the manner of payment) required for the delivery of UF(6nat) to TENEX in respect of LEU shipments for that calendar year (regardless of when such shipments actually occur). If it is subsequently determined that a greater or lesser number of cylinders is required for a calendar year, the cylinder charges for the following year shall be increased or reduced accordingly. The agreement on storage pursuant to subsection (a)(i) above shall define the terms and conditions, including warranties, that will apply to specific cylinders delivered to TENEX and to the return of the cylinders when no longer required. Absent advance notice to the contrary from a party, it will be assumed that a transfer of UF(6nat) to a third party includes the applicable cylinder." (a) With respect to delivery orders for calendar years 1997 and 1998, the cylinder charges shall be $3,273,550 based on a per cylinder charge of $2,350 per cylinder for 1,393 48G cylinders. Subsequent to TENEX and DOE entering into the DOE Agreement, TENEX shall pay these charges to USEC in installments each payable within 10 days after TENEX receives a DOE Payment. Each installment payment shall be equal to the product of the number of cylinders of material associated with the DOE Payment multiplied by $2,350, with the understanding that TENEX shall have paid USEC the entire amount due under this paragraph no later than 10 days after TENEX has received all of the DOE Payments under the DOE Agreement. (b) With respect to the CY99 Order, the parties recognize that (i) in order to ensure uninterrupted implementation of deliveries under the Contract and taking into account the significant lead times necessary to obtain cylinders, USEC has previously purchased cylinders to hold the natural uranium component of the CY99 Order and (ii) TENEX is currently arranging for the disposition of the natural uranium component of such material. Once TENEX has completed such arrangements, the parties shall agree on a revised delivery schedule for the CY99 Order. Subsequent to agreement on a revised schedule for delivery of the CY99 Order, TENEX shall be responsible for reimbursing or arranging...