Common use of PREMIUMS and PENALTIES Clause in Contracts

PREMIUMS and PENALTIES. For FIXED PRICE contracts premiums and penalties shall be calculated at the contract price on the rates set out above. For POOL contracts premiums and penalties shall be calculated at the average price of all POOL sales by the method set out above (11).

Appears in 7 contracts

Samples: www.unitedoilseeds.co.uk, www.unitedoilseeds.co.uk, www.unitedoilseeds.co.uk

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