Services Weights and Quality Sample Clauses
The "Services, Weights, and Quality" clause defines the standards and specifications for the services to be provided under the agreement, including the required quality levels and any relevant measurement criteria such as weights or quantities. In practice, this clause outlines how the services will be delivered, what benchmarks or metrics will be used to assess their quality, and may specify tolerances or acceptable ranges for performance. Its core function is to ensure both parties have a clear, mutual understanding of the expectations for service delivery, thereby reducing the risk of disputes over quality or performance.
Services Weights and Quality. (a) Settlements and Accounting. Producer will be solely responsible to provide all back office administrative and accounting responsibilities for A-B in connection with this Agreement, including but not limited to making settlements under Contracts, issuing associated payments and invoices to corn suppliers, balancing open Contracts activity with corn suppliers, balancing open contract activity and daily settlement activity between Producer and A-B, and providing daily activity reporting to A-B, including reporting of: (i) current Corn inventory held at the Delivery Destinations, (ii) open Contracts and Sales Confirmations with consolidated delivery dates, and (iii) Corn delivered to a Delivery Destination, both with respect to Corn accepted by Producer and Corn rejected by Producer for failure to meet Corn Quality Standards. Producer will provide such information in a daily report to A-B in a form reasonably acceptable to A-B. Producer will also be solely responsible for completing necessary UCC and Farm Security Act searches to confirm clear title in the Corn delivered for the benefit of A-B and will defend, indemnify and hold A-B harmless for, all costs, liabilities and expenses of A-B incurred in connection with any errors by Producer with respect to such searches, including, without limitation, reasonable attorney fees. Producer will perform such searches in a commercially reasonable manner consistent with industry standards.
Services Weights and Quality