Common use of Product Shortages Clause in Contracts

Product Shortages. Unless otherwise specified in the Confirmation , Seller agrees to reimburse Buyer for any substantiated shortage on shipment in excess of 2% of the scheduled volume, provided that authority to unload railcars or other transport equipment with excessive shortage is granted by Seller before unloading and a signed document by a person accepted by Seller attesting to the shortage is sent by Buyer to Seller within thirty (30) Days from the date the railcar or other transport equipment was inspected.

Product Shortages. Unless otherwise specified in the Confirmation , Seller agrees to reimburse Buyer for any substantiated shortage on railcar shipment in excess of 22 % of the scheduled volume, provided aggregate railcar volume providing that authority to unload railcars or other transport equipment with excessive shortage is granted by Seller before unloading and a signed document by a and notarized affidavit from the railroad agent or other person accepted by Seller attesting to the shortage is sent by Buyer to Seller within thirty (30) Days 30 days from the date the railcar or other transport equipment was inspected.