Common use of Shrinkage, Dust & Outturn Entitlement Clause in Contracts

Shrinkage, Dust & Outturn Entitlement. (a) The Client acknowledges and agrees that Viterra is entitled to deduct from the Outturn a percentage of Grain initially received on behalf of the Client (Received Quantity) on account of Shrinkage and Dust. The net quantity of the Outturn remaining after such deductions is called the Outturn Entitlement (Outturn Entitlement). (b) Viterra will specify the method of calculation of the deductions for Shrinkage and Dust in the Pricing, Procedures and Protocols Manual. (c) Viterra will own and be entitled to deal in the quantity of Grain deducted from the Outturn for Shrinkage and Dust at any time following receival of Grain at a Viterra Facility.