SHRINKAGE. The Outturn Entitlement is subject to a weight deduction for Shrinkage. The Shrinkage allowance is set out in Schedule 1. The fees charged for Receival is calculated on delivered weight, and Storage Charges are calculated on shrunk weight. It is in the interest of the Warehouser to ensure that, if possible, Title Transfers are negotiated and paid on the basis of delivered weight not shrunk weight.
Appears in 5 contracts
Samples: Bunge Grower Warehousing Agreement, Bunge Grower Warehousing Agreement, Bunge Grower Warehousing Agreement
SHRINKAGE. The Outturn Entitlement is subject to a weight deduction for Shrinkageshrinkage. The Shrinkage shrinkage allowance is set out in Schedule 1. The Note that the fees charged for Receival is calculated on delivered weight, and Storage Charges are calculated on shrunk weight. It is in the interest of the Warehouser to ensure that, if possible, Title Transfers are negotiated and paid on the basis of delivered weight not shrunk weight.
Appears in 1 contract
Samples: Context and Interpretation
