Common use of Estimated invoices Clause in Contracts

Estimated invoices. INEOS and the Shippers Group recognise that the indices specified in Clause 6 of Section 1 and Attachment F and/or the actual quantity of Shippers Production delivered in any Month may not be available in time to facilitate invoicing as aforesaid and in such event the invoice and the payment will be based on INEOS's best estimate of the indices and quantity concerned and will be subject to adjustment in the invoice issued in the following Month or as soon as practicable thereafter following upon the publication of the actual indices and/or the availability of the actual quantities for the Month in question.

Estimated invoices. ‌ INEOS and the Shippers Group recognise that the indices specified in Clause 6 of Section 1 and Attachment F and/or the actual quantity of Shippers Production delivered in any Month may not be available in time to facilitate invoicing as aforesaid and in such event the invoice and the payment will be based on INEOS's best estimate of the indices and quantity concerned and will be subject to adjustment in the invoice issued in the following Month or as soon as practicable thereafter following upon the publication of the actual indices and/or the availability of the actual quantities for the Month in question.