Common use of Producer’s Demurrage Obligations Clause in Contracts

Producer’s Demurrage Obligations. Producer’s responsibility for Demurrage if actual Demurrage compensation is sought, for trucks will begin to accrue after the second (2nd) hour waiting to load at the Facility provided the truck arrived during Normal Operating Hours. For purposes of this Agreement, the term “Demurrage” includes all costs, damages, penalties and charges resulting from any delay in loading and/or unloading of Product shipments, whether due to mechanical failure or other reasons outside the course of normal operations and not including delays resulting from the occurrence of multiple trucks arriving to load within the same general time period.

Appears in 7 contracts

Samples: Off Take Agreement (Lincolnway Energy, LLC), Off Take Agreement (Lincolnway Energy, LLC), Take Agreement (Lincolnway Energy, LLC)

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Producer’s Demurrage Obligations. Producer’s responsibility for Demurrage if actual Demurrage compensation is sought, for trucks will begin to accrue after the second (2nd) hour waiting to load at the Facility provided the truck arrived during Normal Operating Hours. For purposes of this Agreement, the term “Demurrage” includes all costs, damages, penalties and charges resulting from any delay in loading and/or unloading of Product DDG shipments, whether due to mechanical failure or other reasons event outside the course of normal operations and but not including delays resulting from the occurrence of multiple trucks arriving to load within the same general time period.

Appears in 2 contracts

Samples: Off Take Agreement (Heron Lake BioEnergy, LLC), Off Take Agreement (Heron Lake BioEnergy, LLC)

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