Common use of SUSPENSION OF COAL SUPPLIES Clause in Contracts

SUSPENSION OF COAL SUPPLIES. 13.1 In the event any payment due under this Agreement is not made by the Purchaser by the due date, the Seller shall be entitled to regulate and/or suspend further delivery of Coal till such day the payment as due along with the interest amount is received by the Seller. The quantity of Coal not delivered by the Seller pursuant to such regulation and/or suspension of delivery of Coal shall be the Regulated Quantity Not Supplied (RQNS) and Deemed Delivered Quantity (DDQ) of Coal shall accrue to the Seller for the quantity equal to RQNS. 13.2 In the event the Seller suspends the Coal supplies pursuant to Clause 13.1, during such period that the Coal supplies remain suspended, while the Seller shall be relieved of his obligations under this Agreement, the obligations of the Purchaser under this Agreement shall be deemed to remain in full force. The seller shall however reserve 13.3 The Seller shall resume the Coal supplies within three (3) days of payment of the outstanding amount together with interest.

SUSPENSION OF COAL SUPPLIES. 13.1 14.1 In the event any payment due under this Agreement is not made by the Purchaser by the due date, the Seller shall be entitled to regulate and/or suspend further delivery of Coal till such day the payment as due along with the interest amount is received by the Seller. The quantity of Coal not delivered by the Seller pursuant to such regulation and/or suspension of delivery of Coal shall be the Regulated Quantity Not Supplied (RQNS) and Deemed Delivered Quantity (DDQ) of Coal shall accrue to the Seller for the quantity equal to RQNS. 13.2 14.2 In the event the Seller suspends the Coal supplies pursuant to Clause 13.114.1, during such period that the Coal supplies remain suspended, while the Seller shall be relieved of his obligations under this Agreement, the obligations of the Purchaser under this Agreement shall be deemed to remain in full force. The seller shall however reserve. 13.3 14.3 The Seller shall resume the Coal supplies within three (3) days of payment of the outstanding amount together with interest.

SUSPENSION OF COAL SUPPLIES. 13.1 In the event any payment due under this Agreement is not made by the Purchaser by the due date, the Seller shall be entitled to regulate and/or suspend further delivery of Coal till such day the payment as due along with the interest amount is received by the Seller. The quantity of Coal not delivered by the Seller pursuant to such regulation and/or suspension of delivery of Coal shall be the Regulated Quantity Not Supplied (RQNS) and Deemed Delivered Quantity (DDQ) of Coal shall accrue to the Seller for the quantity equal to RQNS. 13.2 In the event the Seller suspends the Coal supplies pursuant to Clause 13.114.1, during such period that the Coal supplies remain suspended, while the Seller shall be relieved of his obligations under this Agreement, the obligations of the Purchaser under this Agreement shall be deemed to remain in full force. The seller shall however reserve. 13.3 The Seller shall resume the Coal supplies within three (3) days of payment of the outstanding amount together with interest.