Common use of PRICE OF COAL Clause in Contracts

PRICE OF COAL. 9.1 The price of Coal delivered hereunder shall be the sum of the Base Price, sizing charges, transportation charges up to the Delivery Point, rapid loading charges, statutory charges, levies and other charges, as applicable (“As Delivered Price of Coal”). The components of the As Delivered Price of Coal shall be determined on the basis of the rates/criteria duly notified by CIL/Seller/statutory authority from time to time. 9.2 The price of Imported Coal shall be as decided and declared by CIL from time to time. 9.3 Any statutory levy or tax including royalty payable to the State Govt./ Central Govt for supply of Coal under this Agreement shall be borne by the Purchaser with effect from the date such charges are made applicable 9.4 Freight charges, irrespective of the mode of transportation of the Coal supplied, shall be borne by the Purchaser. 9.5 The Purchaser shall be liable to make payment to the Seller in terms of this Agreement on the basis of Declared Grade.

PRICE OF COAL. 9.1 The “As Delivered price of Coal” for the Coal delivered hereunder shall be the sum of the Base Price, sizing charges, transportation charges up to the Delivery Point, rapid loading charges, statutory charges, levies and other charges, as applicable (“As Delivered Price of Coal”). The components of the As Delivered Price of Coal shall be determined on the basis of the rates/criteria duly notified by CIL/Seller/statutory authority from time to timetime as is applicable to the Purchaser and in force for the time being. 9.2 The price of Imported Coal shall be as decided and declared by CIL from time to time. 9.3 Any statutory levy or tax including royalty payable to the State Govt./ Central Govt for supply of Coal under this Agreement shall be borne by the Purchaser with effect from the date such charges are made applicable 9.4 Freight charges, irrespective of the mode of transportation of the Coal supplied, shall be borne by and to the account of the Purchaser. 9.5 The Purchaser shall be liable to make payment to the Seller in terms of this Agreement Agreement, on the basis of Declared GradeGrade with respect to all quantity of Coal supplied irrespective of when and in what condition the loaded wagons/ xxxxx/road transport vehicles reach or do not reach the destination.

PRICE OF COAL. 9.1 10.1 The price of Coal delivered hereunder shall be the sum of the Base Price, sizing charges, transportation charges up to the Delivery Point, rapid loading charges, statutory charges, levies and other charges, as applicable (“As Delivered Price of Coal”). The components of the As Delivered Price of Coal shall be determined on the basis of the rates/criteria duly notified notifications issued by CIL/Seller/CIL / Seller / statutory authority from time to time. Accordingly, in case of revision of any component of the As Delivered Price of Coal by the CIL/Seller/statutory authority, the Purchaser shall be liable to pay the revised component of As Delivered Price of Coal as and from the date the revised rates/criteria becomes or has become effective. 9.2 The price of Imported Coal shall be as decided 10.2 Deleted 10.3 Royalties, Taxes, Duties, Cess, and declared by CIL from time to time. 9.3 Any such statutory levy or tax including royalty levies payable to the State Govt./ Government/ Central Govt for supply of Coal under this Agreement Government or to any other statutory authority shall be borne by the Purchaser with effect from on the date such charges are made applicablebasis of grade of Coal as declared by the Seller, as applicable at the time of delivery. 9.4 Freight 10.4 In all cases, the entire freight charges, irrespective of the mode of transportation of the Coal supplied, shall be borne by and to the account of the Purchaser. 9.5 The Purchaser shall be liable to make payment to the Seller in terms of this Agreement on the basis of Declared Grade.