Common use of PRICE AND CHARGES Clause in Contracts

PRICE AND CHARGES. 3.1 Unless otherwise stated in the Confirmation Note, the price for the Marine Fuel set forth in the Confirmation Note shall be: 3.1.1 payable in United States Dollars; 3.1.2 the price per metric ton for each grade of Marine Fuel specified in the Confirmation Note (in the event the price in the Confirmation Note is expressed in volume units, the price shall be converted to price per metric ton at sixty (60) degrees Fahrenheit or fifteen (15) degrees Celsius) multiplied by the applicable quantities of such grade of Marine Fuel, provided that any price specified in the Confirmation Note shall only be valid 7 Calendar Days (3 days before and 3 days after the vessel’s ETA specified in the nomination) in which the Confirmation Note is issued and beyond such validity period, it is the Seller’s option to adjust the price upward in parallel to the price fluctuation of the market; and 3.1.3 ex-wharf and excludes any charges for wharfage, barging, mooring or other similar charges. 3.2 The Buyer shall pay any and all applicable duties and charges, whether or not specified in the Seller’s quotation or the Confirmation Note, including but not be limited to: 3.2.1 wharfage charges, barging charges or other similar charges; and 3.2.2 port duties, taxes, charges or other such costs levied by authorities in the place of delivery, incurred by the Seller for the Buyer’s account. 3.3 The Seller has the right to re-adjust the price, to negotiate a new price or to revoke the Agreement of Sale of Marine Fuel if the quantity required changes or, if there is a change to the quality or specification or when the Receiving Vessel’s anticipated arrival date is delayed beyond seven (7) calendar days – as stated in (a) (ii) hereinabove.

PRICE AND CHARGES. 3.1 (a) Unless otherwise stated in the Confirmation Note, the price for the Marine Fuel set forth in the Confirmation Note shall be: 3.1.1 (i) payable in United States Dollars; 3.1.2 (ii) the price per metric ton for each grade of Marine Fuel specified in the Confirmation Note (in the event the price in the Confirmation Note is expressed in volume units, the price shall be converted to price per metric ton at sixty (60) degrees Fahrenheit or fifteen (15) degrees Celsius) multiplied by the applicable quantities of such grade of Marine Fuel, provided that any price specified in the Confirmation Note shall only be valid 7 Calendar Days (3 days before and 3 days after the vessel’s ETA specified in the nomination) in which the Confirmation Note is issued and beyond such validity period, it is the Seller’s option to adjust the price upward in parallel to the price fluctuation frustration of the market; and 3.1.3 (iii) ex-wharf and excludes any charges for wharfage, barging, mooring or other similar charges. 3.2 (b) The Buyer shall pay any and all applicable duties and charges, whether or not specified in the Seller’s quotation or the Confirmation Note, including but not be limited to: 3.2.1 (i) wharfage charges, barging charges or other similar charges; and 3.2.2 (ii) port duties, taxes, charges or other such costs levied by authorities in the place of delivery, incurred by the Seller for the Buyer’s account. 3.3 (c) The Seller has the right to re-adjust the price, to negotiate a new price or to revoke the Agreement of Sale of Marine Fuel if the quantity required changes or, if there is a change to the quality or specification or when the Receiving Vessel’s anticipated arrival date is delayed beyond seven (7) calendar days – as stated in (a) (iia)(ii) hereinabove.

PRICE AND CHARGES. 3.1 Unless otherwise stated in the Confirmation Note, the price for the Marine Fuel set forth in the Confirmation Note shall be: 3.1.1 payable in United States Dollars; 3.1.2 the price per metric ton for each grade of Marine Fuel specified in the Confirmation Note (in the event the price in the Confirmation Note is expressed in volume units, the price shall be converted to price per metric ton at sixty (60) degrees Fahrenheit or fifteen (15) degrees Celsius) multiplied by the applicable quantities of such grade of Marine Fuel, provided that any price specified in the Confirmation Note shall only be valid 7 Calendar Days (3 days before and 3 days after the vessel’s ETA specified in the nomination) in which the Confirmation Note is issued and beyond such validity period, it is the Seller’s option to adjust the price upward in parallel to the price fluctuation frustration of the market; and 3.1.3 ex-wharf and excludes any charges for wharfage, barging, mooring or other similar charges. 3.2 The Buyer shall pay any and all applicable duties and charges, whether or not specified in the Seller’s quotation or the Confirmation Note, including but not be limited to: 3.2.1 wharfage charges, barging charges or other similar charges; and 3.2.2 port duties, taxes, charges or other such costs levied by authorities in the place of delivery, incurred by the Seller for the Buyer’s account. 3.3 The Seller has the right to re-adjust the price, to negotiate a new price or to revoke the Agreement of Sale of Marine Fuel if the quantity required changes or, if there is a change to the quality or specification or when the Receiving Vessel’s anticipated arrival date is delayed beyond seven (7) calendar days – as stated in (a) (ii) hereinabove.

PRICE AND CHARGES. 3.1 (a) Unless otherwise stated in the Confirmation Note, the price for the Marine Fuel set forth in the Confirmation Note shall be: 3.1.1 (i) payable in United States Dollars; 3.1.2 (ii) the price per metric ton for each grade of Marine Fuel specified in the Confirmation Note (in the event the price in the Confirmation Note is expressed in volume units, the price shall be converted to price per metric ton at sixty (60) degrees Fahrenheit or fifteen (15) degrees Celsius) multiplied by the applicable quantities of such grade of Marine Fuel, provided that any price specified in the Confirmation Note shall only be valid 7 Calendar Days (3 days before and 3 days after the vessel’s ETA specified in the nomination) in which the Confirmation Note is issued and beyond such validity period, it is the Seller’s option to adjust the price upward in parallel to the price fluctuation frustration of the market; and 3.1.3 (iii) ex-wharf and excludes any charges for wharfage, barging, mooring or other similar charges. 3.2 (b) The Buyer shall pay any and all applicable duties and charges, whether or not specified in the Seller’s quotation or the Confirmation Note, including but not be limited to: 3.2.1 (i) wharfage charges, barging charges or other similar charges; and 3.2.2 (ii) port duties, taxes, charges or other such costs levied by authorities in the place of delivery, incurred by the Seller for the Buyer’s account. 3.3 (c) The Seller has the right to re-adjust the price, to negotiate a new price or to revoke the Agreement of Sale of Marine Fuel if the quantity required changes or, if there is a change to the quality or specification or when the Receiving Vessel’s anticipated arrival date is delayed beyond seven (7) calendar days – as stated in (a) (ii) hereinabove.