Commodity Markets Clause Samples
Commodity Markets. Boston acknowledges that there may be instances where M▇▇▇▇▇ may acquire positions in certain commodity markets. Boston acknowledges that there are certain inherent risks associated with taking these forward market positions and that in order to take advantage of the potential cost savings gained by these types of transactions, Boston also may be subject to costs that might be higher than the market at the time a position is closed out. M▇▇▇▇▇ and Boston agree that M▇▇▇▇▇ shall sell such Ingredients to Boston at M▇▇▇▇▇’▇ actual cost (including but not limited to procurement costs and overhead), pursuant to the terms and conditions of this Agreement. M▇▇▇▇▇ does not represent, warrant or guarantee in any way that engaging in the types of transactions described above will reduce the costs charged to Boston. Boston acknowledges that the costs related to such transactions may result in costs that are higher than would have been the case if the materials had been purchased at ordinary market rates.
