Common use of Unauthorized Overrun Charges Clause in Contracts

Unauthorized Overrun Charges. (i) The Unauthorized Overrun Charges payable for a Fortnight shall be equal the sum of the Unauthorized Overrun Charges payable in respect of each Day in the Fortnight. (ii) The Unauthorised Overrun Charge payable in respect of a Redelivery Point on a Day shall be the product of Unauthorised Overrun Quantity for that CT Redelivery Point on that Day and Unauthorised Overrun Rate (as detailed in the Annexure-1).

Unauthorized Overrun Charges. (i) The Unauthorized Unauthorised Overrun Charges payable for a Fortnight shall be equal the sum of the Unauthorized Unauthorised Overrun Charges payable in respect of each Day in the Fortnight. (ii) The Unauthorised Overrun Charge payable in respect of a Redelivery Point on a Day shall be the product of Unauthorised Overrun Quantity for that CT Redelivery Point on that Day and Unauthorised Overrun Rate (as detailed in the Annexure-1).