Completion of Delivery definition
Examples of Completion of Delivery in a sentence
The Agreement shall expire either after; (i) thirty-six (36) Months following Completion of Delivery of the first Base Quantity Cargo or (ii) on December 31, 2014, whichever first occurs, and after all other obligations under the Agreement have been fulfilled.
In no event shall Seller be liable for any claim regarding the quality of the Oil or quantity of any Cargo, unless such claim has been submitted by Buyer to Seller in writing, including reasonable details of the specific facts on which the claim is based and supporting documentation, within ninety (90) Days of the date of Completion of Delivery.
For the purposes of this section, the initial production build-up at the FPSO Terminal shall be the later of; (i) six (6) Months following Completion of Delivery of the first Base Crude Quantity Cargo or (ii) on June 30, 2012.
If delivery is not completed forty-five (45) Days after the ▇▇▇▇ of lading date at the FPSO Terminal payment for Cargo shall be made to Seller promptly within forty- eight (48) hours after Completion of Delivery.
In no event will any payment be made prior to Completion of Delivery to Buyer.
Delivery shall be deemed complete when RHI has approved the technical quality of all the materials set forth in Exhibit A by written notice to Producer ("Completion of Delivery").
For purposes of approving the technical quality of tendered Materials, RHI shall have a ten (10) business day inspection period commencing upon the tendering by Producer of the last of the items required pursuant to Exhibit A (first with respect to Initial Delivery and again with respect to the additional items required for Completion of Delivery).