Ingot Form Clause Samples
The 'Ingot Form' clause defines the specific physical shape and characteristics that metal ingots must meet under a contract. It typically outlines requirements such as size, weight, purity, and markings that the ingots should possess upon delivery. For example, it may specify that gold ingots must be cast in standard bars of a certain weight and stamped with identifying information. This clause ensures that both parties have a clear understanding of the acceptable form of the ingots, reducing the risk of disputes over product conformity and facilitating smooth delivery and acceptance processes.
Ingot Form. SMC may direct JM to provide palladium and platinum in the form of ingot by providing JM with seven (7) days prior notice. Ingot shall be manufactured by JM at an additional fee of $ per ounce of palladium or platinum and shipped F.O.B. Facility, for the credit of SMC’s account.
Ingot Form. SMC may direct Heraeus to provide palladium and platinum in the form of ingot by providing Heraeus with seven (7) days prior notice. Ingot shall be manufactured by Heraeus at an additional fee of $3.00 per ounce of palladium or platinum and shipped F.O.B. Facility, for the credit of SMC’s account.