Common use of Readjustment Clause in Contracts

Readjustment. A/ At the end of each semester, the amount to be invoiced for each of the shipments made during that semester, shall be readjusted according to the moisture content and to the dry basis BPL concentration shown by the corresponding analysis as reached in pursuance of Article 4 above. Such readjustment shall be used as a basis for a debit or a credit note to be sent by the Seller to the Buyer. B/ In case of dispute over Feral content of a cargo, the Seller shall request the arbitration laboratory to perform on analysis of the element in question on one of the samples drawn during the loading operations. Should the arbitration analysis establish that Feral content, at the departure from the loading port, is higher than 1.5%, the final dry basis BPL content as reached for the price variation shall be diminished by two BPL points per cent for each point of Feral in excess of 1.5% and proportionately for fractions. C/ Readjustment shall in no case be accepted as a justification for delay in payment of invoices and debit notes related to the delivery.

Readjustment. A/ At the end of each semester, the amount to be invoiced for each of the shipments made during that semester, shall be readjusted according to the moisture content and to the dry basis BPL concentration shown by the corresponding analysis as reached in pursuance of Article 4 above. Such readjustment shall be used as a basis for a debit or a credit note to be sent by the Seller to the Buyer. B/ In case of dispute over Feral content of a cargo, the Seller shall request the arbitration laboratory to perform on an analysis of the element in question on one of the samples drawn during the loading operations. Should the arbitration analysis establish that Feral content, at the departure from the loading port, is higher than 1.5%, the final dry basis BPL content as reached for the price variation shall be diminished by two BPL points per cent for each point of Feral in excess of 1.5% and proportionately for fractions. C/ Readjustment shall in no case be accepted as a justification for delay in payment of invoices and debit notes related to the delivery.

Readjustment. A/ At the end of each semester, the amount to be invoiced for each of the shipments made during that semester, shall be readjusted according to the moisture content and to the dry basis BPL concentration shown by the corresponding analysis as reached in pursuance of Article 4 above. Such readjustment shall be used as a basis for a debit or a credit note to be sent by the Seller to the Buyer. B/ In case of dispute over Feral content of a cargo, the Seller shall request the arbitration laboratory to perform on an analysis of the element in question on one of the samples drawn during the loading operations. Should the arbitration analysis establish that Feral content, at the departure from the loading port, is higher than 1.51.5 %, the final dry basis BPL content as reached for the price variation shall be diminished by two BPL points per cent for each point of Feral in excess of 1.51.5 % and proportionately for fractions. C/ Readjustment shall in no case be accepted as a justification for delay in payment of invoices and debit notes related to the delivery.

Readjustment. A/ - At the end of each semester, the amount to be invoiced for each of the shipments made during that semester, shall be readjusted according to the moisture content and to the dry basis BPL concentration shown by the corresponding analysis as reached in pursuance of Article 4 above. Such readjustment shall be used as a basis for a debit or a credit note to be sent by the Seller to the Buyer. . B/ - In case of dispute over Feral content of a cargo, the Seller shall request the arbitration laboratory to perform on an analysis of the element in question on one of the samples drawn during the loading operations. Should the arbitration analysis establish that Feral content, at the departure from the loading port, is higher than 1.5%, the final dry basis BPL content as reached for the price variation shall be diminished by two BPL points per cent for each point of Feral in excess of 1.5% and proportionately for fractions. . C/ - Readjustment shall in no case be accepted as a justification for delay in payment of invoices and debit notes related to the delivery.