Common use of Quantity Measurement Clause in Contracts

Quantity Measurement. 6.1 The invoice quantity shall be determined by DSC based on the reading given by its calibrated flow meters, corrected for temperature. 6.2 DSC shall be responsible for the upkeep and maintenance of its calibrated flow meters. 6.3 DSC shall arrange for the testing and calibration of all its tanks and calibrated flow meters on a regularly scheduled basis. 6.4 If at any time PURCHASER has reasonable grounds to suspect that any measuring equipment is not accurate in any respect, the discrepancy or suspected discrepancy shall be immediately reported to DSC in writing along with any evidence in support of such claim and DSC shall arrange for the testing of the relevant piece of measuring equipment. 6.5 If any piece of measuring equipment fails to register or, upon test, is found not to be within +/- 0.5 percent accuracy then, for the purposes of this Agreement, a reasonable adjustment in accordance with generally accepted engineering practices shall be made correcting all measurements made with that piece of measuring equipment. Such adjustments shall reflect, if determinable, the actual period during which any inaccurate measurements were made. If such period cannot be determined it shall be deemed to be such period as shall be equal to one-half of the time from the date of the previous test of such measurement equipment, provided that the period covered by any such correction shall not exceed 6 months.

Appears in 3 contracts

Samples: Supply Agreement (Kraton Performance Polymers, Inc.), Supply Agreement (Kraton Polymers LLC), Supply Agreement (Kraton Polymers LLC)

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Quantity Measurement. 6.1 The invoice quantity shall be determined by DSC SC based on the reading given by its calibrated flow meters, corrected for temperature. 6.2 DSC SC shall be responsible for the upkeep and maintenance of its calibrated flow meters. 6.3 DSC SC shall arrange for the testing and calibration of all its tanks and calibrated flow meters on a regularly regular scheduled basis. 6.4 If at any time PURCHASER has reasonable grounds to suspect that any measuring equipment is not accurate in any respect, the discrepancy or suspected discrepancy shall be immediately reported to DSC SC in writing along with any evidence in support of such claim and DSC SC shall arrange for the testing of the relevant piece of measuring equipment. 6.5 If any piece of measuring equipment fails to register or, upon test, is found not to be within +/- 0.5 percent accuracy then, for the purposes of this Agreement, a reasonable adjustment in accordance with generally accepted engineering practices shall be made correcting all measurements made with that piece of measuring equipment. Such adjustments shall reflect, if determinable, the actual period during which any inaccurate measurements were made. If such period cannot be determined it shall be deemed to be such period as shall be equal to one-half of the time from the date of the previous test of such measurement equipment, provided that the period covered by any such correction shall not exceed 6 months.

Appears in 2 contracts

Samples: Supply Agreement (Kraton Polymers LLC), Supply Agreement (Kraton Polymers LLC)

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