CIF Schedule Sample Clauses

The CIF Schedule clause defines the specific terms and details related to a Cost, Insurance, and Freight (CIF) arrangement in a contract. It typically outlines the responsibilities for shipping, insurance coverage, and delivery points, specifying when risk and ownership transfer from seller to buyer. For example, it may list the port of shipment, the required insurance policy, and the timeline for delivery. This clause ensures both parties have a clear understanding of their obligations and the logistics involved, thereby reducing the risk of disputes over shipping and insurance responsibilities.
POPULAR SAMPLE Copied 1 times
CIF Schedule i. Interim Payments. The Company agrees, and shall pay Easthampton Fifteen Thousand and NO/100 Dollars ($15,000) representing additional fees, costs and expenses the Parties reasonably anticipate will be incurred by Easthampton in the Company’s permitting process in two (2) equal payments of Seven Thousand Five Hundred Dollars ($7,500) each, made within thirty (30) days of the following milestones: (1) The Company's receipt of provisional licenses from the CCC for an MDO; and (2) the Company receipt of any and all necessary and required permits, licenses and/or approvals required by Easthampton including a certificate of occupancy for the Property and appeal periods related the forgoing licenses and permits have expired with no appeal having been taken. These payments shall be treated as an advance on the CIF for the first year after the Opening Date. Irrespective of this interim payment, the Company shall be solely responsible for all fees, costs and expenses it incurs or may incur during any permitting process or in the operation of its business. Unless otherwise allowed by law, this payment shall be treated as an advance on the CIF for the first year after the Opening Date. Should the Company relocate to a different jurisdiction after obtaining a provisional license from the CCC the second payment detailed herein shall become immediately due and owing

Related to CIF Schedule

  • Shift Schedule The words "shift schedule" when used in this Agreement shall mean a timetable of the shifts and off days assigned to a position or group of positions which commences at the beginning of a pay period and includes one complete rotation of said shifts.

  • Wage Schedule The pay rate (including increments and stated extras) as agreed to and hereinafter in this Schedule provided, shall be in effect during the term of the Agreement.

  • Contract Schedule The information set forth in the Contract Schedule is true and correct.

  • LIST OF SCHEDULES Schedule 1.1

  • PROGRESS SCHEDULE The Contractor, within ten (10) working days of receiving notice of the award of the contract, shall prepare and submit for the State's and Architect's information an estimated progress schedule for the Work. The progress schedule shall be related to the entire Project to the extent required by the Contract Documents, and shall provide for expeditious and practicable execution of the Work.