Examples of DDP Point in a sentence
Prices include and Seller shall bear all duties, fees, and taxes including sales, use, property, excise, value added and gross receipts levied on this Agreement or the Goods prior to delivery to the DDP Point.
An item will be deemed automatically accepted by Tesla if Panasonic does not receive a notification of non-conformity with sixty (60) days of delivery to the FOB Point, or 30 days of the delivery of the item to the DDP Point.
One Contract Price shall be based on shipment to the DDP Point; an alternate Contract Price will be used in the event Tesla takes delivery of the items at the FOB Point.
Panasonic represents and warrants to Tesla that for a period ending [***] from the date, of delivery of the Item to Tesla at the FOB Point or the DDP Point (“Warranty Period”), the Item will be free from defects in workmanship and material and will comply with the Specifications.
On or before the fifth (5th) day of each calendar month, Tesla will provide Panasonic with a good faith, rolling monthly forecast for Tesla’s anticipated requirements of the Items for the next six (6) months, and issue firm and irrevocable Orders for (i) the first [***] for Orders which specify the DDP Point and will be shipped by boat; (ii) [***] for Orders which specify the FOB Point; or (iii) [***] for Orders which specify the DDP Point and will be shipped by air.
The determination of the Biomass Fuel’s quality at the DDP Point shall be final and grounds for the payment.
Attachment 1 List of Items, Pricing Mechanism, and Lead Times Item: Lithium Ion Cells, Part Number: [***] Contract Prices: Either (I) US$[***] per Item delivered to the FOB Point; (ii) US$[***] per Item delivered to the DDP Point provided that the shipping container is completely full with Items; or (iii) US$[***] per Item delivered by air to the DDP Point.
Even if the result of quality inspection at the DDP Point is outside the permitted range of the Specifications as specified in Article 3, provided such acceptance does not violate any applicable Law, the Buyer may accept the shipment of Biomass Fuel if the Buyer deems it useful, upon mutual agreement on a price adjustment with the Seller.
In several situations, companies with close financial ties to the Obama Administration have won government loans and grants despite having questionable financial strength.
If the Seller fails to deliver the relevant quantity of Biomass Fuel to the DDP Point by the scheduled delivery dates set forth in the Detailed Delivery Schedule, the Seller shall pay the Buyer liquidated damages for each day's delay for the aggregated quantity shortage at the rate of 0.075% times the Contract Price times 1.1(considering the VAT leakage in Republic of Korea), including prorated amounts for fractions of a day's delay.