Examples of Date of Production in a sentence
The premium shall be paid within ten (10) days after the Date of Production for that Excess Ounce, calculated as follows: Spot Price per Ounce Premium Per Ounce -------------------- ----------------- $450.00 to $499.99 $3.00 $500.00 to $549.99 $5.00 $550.00 to $599.99 $7.00 And for each similar increase of $50.00 in the Spot Price over $599.99, Buyer shall pay Seller an increase in the above $7.00 premium of $2.00 per ounce.
Buyer shall pay Seller a premium for each Excess Ounce if, on the Date of Production of that Excess Ounce, the Spot Price for that ounce is $450.00 or more.
It is clarified hereby that delay in the Date of Authorization, will afford the Tenant to delay of the same period of time as the Date of Production of the Certificates of the Tenant for Receipt of Form 4 as stated in this subclause.
Date of Production is based on the date that API is added to the liquid to initiate the formulation (compounding) steps.