Common use of Premium Prices Clause in Contracts

Premium Prices. Whenever Material is not readily obtainable at prices specified in clauses 4.1 and 4.2 of this clause IV because of national emergencies, strikes or other unusual causes over which Paltar has no control, Paltar may charge the Operating Account for the required Material at Paltar's actual cost incurred procuring such Material, in making it suitable for use, and moving it to Permit area, provided that notice in writing, including a detailed description of the Material required and the required delivery date, is furnished to Nation of the proposed charge at least 10 days (or such shorter period as may be specified by Paltar) before the Material is projected to be needed for operations and prior to billing Nation for such Material the cost of which exceeds fifty thousand Australian dollars (A $ 50,000.00). Nation shall have the right, by so electing and notifying Paltar within seven (7) days (or such shorter period as may be specified by Paltar) after receiving notice from Paltar, to furnish in kind all or part of his share of such Material per the terms of the notice which is suitable for use and acceptable to Paltar both as to quality and time of delivery. Such acceptance by Paltar shall not be unreasonably withheld. If Material furnished is deemed unsuitable for use by Paltar, all costs incurred in disposing of such Material or returning Material to owner shall be borne by Nation furnishing the same unless otherwise agreed by the Parties. If Nation fails to properly submit an election notification within the designated period, Paltar is not required to accept Material furnished in kind by Nation. If Paltar fails to submit proper notification prior to billing Nation for such Material, Paltar shall only charge the Operating Account on the basis of the price allowed during a "normal" pricing period in effect at time of movement.

Premium Prices. Whenever Material is not readily obtainable at prices specified in clauses Clauses 4.1 and 4.2 of this clause Clause IV because of national emergencies, strikes or other unusual causes over which Paltar has no control, Paltar may charge the Operating Account for the required Material at Paltar's actual cost incurred procuring such Material, in making it suitable for use, and moving it to Permit area, provided that notice in writing, including a detailed description of the Material required and the required delivery date, is furnished to Nation of the proposed charge at least 10 days (or such shorter period as may be specified by Paltar) before the Material is projected to be needed for operations and prior to billing Nation for such Material the cost of which exceeds fifty thousand Australian dollars (A $ 50,000.00). Nation shall have the right, by so electing and notifying Paltar within seven (7) days (or such shorter period as may be specified by Paltar) after receiving notice from Paltar, to furnish in kind all or part of his share of such Material per the terms of the notice which is suitable for use and acceptable to Paltar both as to quality and time of delivery. Such acceptance by Paltar shall not be unreasonably withheld. If Material furnished is deemed unsuitable for use by Paltar, all costs incurred in disposing of such Material or returning Material to owner shall be borne by Nation furnishing the same unless otherwise agreed by the Parties. If Nation fails to properly submit an election notification within the designated period, Paltar is not required to accept Material furnished in kind by Nation. If Paltar fails to submit proper notification prior to billing Nation for such Material, Paltar shall only charge the Operating Account on the basis of the price allowed during a "normal" pricing period in effect at time of movement.

Premium Prices. Whenever Material is not readily obtainable at prices specified in clauses 4.1 and 4.2 of this clause IV because of national emergencies, strikes or other unusual causes over which Paltar has no control, Paltar may charge the Operating Account for the required Material at Paltar's actual cost incurred procuring such Material, in making it suitable for use, and moving it to Permit area, provided that notice in writing, including a detailed description of the Material required and the required delivery date, is furnished to Nation of the proposed charge at least 10 days (or such shorter period as may be specified by Paltar) before the Material is projected to be needed for operations and prior to billing Nation for such Material the cost of which exceeds fifty thousand Australian dollars (A $ A$50,000.00). Nation shall have the right, by so electing and notifying Paltar within seven (7) days (or such shorter period as may be specified by Paltar) after receiving notice from Paltar, to furnish in kind all or part of his share of such Material per the terms of the notice which is suitable for use and acceptable to Paltar both as to quality and time of delivery. Such acceptance by Paltar shall not be unreasonably withheld. If Material furnished is deemed unsuitable for use by Paltar, all costs incurred in disposing of such Material or returning Material to owner shall be borne by Nation furnishing the same unless otherwise agreed by the Parties. If Nation fails to properly submit an election notification within the designated period, Paltar is not required to accept Material furnished in kind by Nation. If Paltar fails to submit proper notification prior to billing Nation for such Material, Paltar shall only charge the Operating Account on the basis of the price allowed during a "normal" pricing period in effect at time of movement.

Premium Prices. Whenever Material is not readily obtainable at prices specified in clauses Clauses 4.1 and 4.2 of this clause IV because of national emergencies, strikes or other unusual causes over which Paltar has no control, Paltar may charge the Operating Account for the required Material at Paltar's actual cost incurred procuring such Material, in making it suitable for use, and moving it to Permit areathe area covered by the Permit, provided that notice in writing, including a detailed description of the Material required and the required delivery date, is furnished to Nation of the proposed charge at least 10 days (or such shorter period as may be specified by Paltar) before the Material is projected to be needed for operations and prior to billing Nation for such Material the cost of which exceeds fifty thousand Australian dollars (A $ 50,000.00A$50,000). Nation shall have the right, by so electing and notifying Paltar within seven (7) days (or such shorter period as may be specified by Paltar) after receiving notice from Paltar, to furnish in kind all or part of his share of such Material per the terms of the notice which is suitable for use and acceptable to Paltar both as to quality and time of delivery. Such acceptance by Paltar shall not be unreasonably withheld. If Material furnished is deemed unsuitable for use by Paltar, all costs incurred in disposing of such Material or returning Material to owner shall be borne by Nation furnishing the same unless otherwise agreed by the Parties. If Nation fails to properly submit an election notification within the designated period, Paltar is not required to accept Material furnished in kind by Nation. If Paltar fails to submit proper notification prior to billing Nation for such Material, Paltar shall only charge the Operating Account on the basis of the price allowed during a "normal" pricing period in effect at time of movement.

Premium Prices. Whenever Material is not readily obtainable at prices specified in clauses 4.1 and 4.2 of this clause IV because of national emergencies, strikes or other unusual causes over which Paltar has no control, Paltar may charge the Operating Account for the required Material at Paltar's actual cost incurred procuring such Material, in making it suitable for use, and moving it to Permit area, provided that notice in writing, including a detailed description of the Material required and the required delivery date, is furnished to Nation of the proposed charge at least 10 days (or such shorter period as may be specified by Paltar) before the Material is projected to be needed for operations and prior to billing Nation for such Material the cost of which exceeds fifty thousand Australian dollars (A $ 50,000.00). Nation shall have the right, by so electing and notifying Paltar within seven (7) days (or such shorter period as may be specified by Paltar) after receiving notice from Paltar, to furnish in kind all or part of his share of such Material per the terms of the notice which is suitable for use and acceptable to Paltar both as to quality and time of delivery. Such acceptance by Paltar shall not be unreasonably withheld. If Material furnished is deemed unsuitable for use by Paltar, all costs incurred in disposing of such Material or returning Material to owner shall be borne by Nation furnishing the same unless otherwise agreed by the Parties. If Nation fails to properly submit an election notification within the designated period, Paltar is not required to accept Material furnished in kind by Nation. If Paltar Pxxxxx fails to submit proper notification prior to billing Nation for such Material, Paltar shall only charge the Operating Account on the basis of the price allowed during a "normal" pricing period in effect at time of movement.

Premium Prices. Whenever Material is not readily obtainable at prices specified in clauses 4.1 and 4.2 of this clause IV because of national emergencies, strikes or other unusual causes over which Paltar has no control, Paltar may charge the Operating Account for the required Material at Paltar's actual cost incurred procuring such Material, in making it suitable for use, and moving it to Permit area, provided that notice in writing, including a detailed description of the Material required and the required delivery date, is furnished to Nation of the proposed charge at least 10 days (or such shorter period as may be specified by Paltar) before the Material is projected to be needed for operations and prior to billing Nation for such Material the cost of which exceeds fifty thousand Australian dollars (A $ 50,000.00). Nation shall have the right, by so electing and notifying Paltar within seven (7) days (or such shorter period as may be specified by Paltar) after receiving notice from Paltar, to furnish in kind all or part of his share of such Material per the terms of the notice which is suitable for use and acceptable to Paltar both as to quality and time of delivery. Such acceptance by Paltar shall not be unreasonably withheld. If Material furnished is deemed unsuitable for use by Paltar, all costs incurred in disposing of such Material or returning Material to owner shall be borne by Nation furnishing the same unless otherwise agreed by the Parties. If Nation fails to properly submit an election notification within the designated period, Paltar is not required to accept Material furnished in kind by Nation. If Paltar fails to submit proper notification prior to billing Nation for such Material, Paltar shall only charge the Operating Account on the basis of the price allowed during a "normal" pricing period in effect at time of movement.

Premium Prices. Whenever Material is not readily obtainable at prices specified in clauses 4.1 and 4.2 of this clause IV because of national emergencies, strikes or other unusual causes over which Paltar has no control, Paltar may charge the Operating Account for the required Material at Paltar's actual cost incurred procuring such Material, in making it suitable for use, and moving it to Permit area, provided that notice in writing, including a detailed description of the Material required and the required delivery date, is furnished to Nation of the proposed charge at least 10 days (or such shorter period as may be specified by Paltar) before the Material is projected to be needed for operations and prior to billing Nation for such Material the cost of which exceeds fifty thousand Australian dollars (A $ $50,000.00). Nation shall have the right, by so electing and notifying Paltar within seven (7) days (or such shorter period as may be specified by Paltar) after receiving notice from Paltar, to furnish in kind all or part of his share of such Material per the terms of the notice which is suitable for use and acceptable to Paltar both as to quality and time of delivery. Such acceptance by Paltar shall not be unreasonably withheld. If Material furnished is deemed unsuitable for use by Paltar, all costs incurred in disposing of such Material or returning Material to owner shall be borne by Nation furnishing the same unless otherwise agreed by the Parties. If Nation fails to properly submit an election notification within the designated period, Paltar is not required to accept Material furnished in kind by Nation. If Paltar fails to submit proper notification prior to billing Nation for such Material, Paltar shall only charge the Operating Account on the basis of the price allowed during a "normal" pricing period in effect at time of movement.