Common use of MARKET SUPPORT Clause in Contracts

MARKET SUPPORT. In order to .sure the success of the Project, Malaysia and the Parties agree that off taking of product shall be arranged in accordance with the Preferential Trading Arrangements among ASEAN Member States. To ensure the success of the Project, Malaysia and the Parties hereto agree that subject to Article 3.4, the Project shall have priority right to supply the- Malaysian domestic market and the available ASEAN markets. For this purpose available ASEAN markets means: the markets in the Philippines and Thailand after considering their own domestic production of urea. the market in Indonesia if there is insufficient production of urea in Indonesia. As and when an ASEAN Urea Project in Indonesia is established and becomes operational, the ASEAN Urea Projects in Indonesia and Malaysia shall share equally the available ASEAN markets excluding the market in Indonesia. In the event there is surplus production from the ASEAN Urea Project in Malaysia, Malaysia shall guarantee to absorb the surplus production at the agreed formula price by supplying its own domestic market and the markets outside ASEAN countries or both so as to maintain the plant production rate as indicated in the feasibility study report as finally accepted, having due regard to the technical constraints which may be experienced by the project plant. Subject to the provision of paragraph 2 of this Article, Malaysia and the Parties agree that, the appropriate time each year the host count, shall invite ASEAN Member, States to state their annual urea requirements from which the minimum urea offtake by the ASEAN member States shall be computed and agreed upon. Malaysia and the Parties also agree that the ASEAN Urea Project (Malaysia), in conjunction with the ASEAN Urea Project (Indonesia), shall take into consideration the possibility of supplying urea to ASEAN member countries in a manner that would enable the host country, the two Projects and the purchasing ASEAN member entries to benefit from the most cost-efficient supply and transport arrangements f urea without altering the agreed market sharing arrangements.

MARKET SUPPORT. In order to .sure ensure the success of the Project, Malaysia Indonesia and the Parties agree that off taking of product shall be arranged in accordance with the Preferential Trading Arrangements among ASEAN Member States. To ensure the success of the Project, Malaysia Indonesia and the Parties hereto agree that subject to Article 3.4, the Project shall have priority right to supply the- Malaysian the Indonesian domestic market and the available ASEAN markets. For this purpose the purpose, available ASEAN markets means: the markets in the Philippines and Thailand after considering their own domestic production of urea. ; and the market in Indonesia Malaysia if there is insufficient production of urea in IndonesiaMalaysia. As and when an ASEAN Urea Project in Indonesia Malaysia is established and becomes operational, the ASEAN Urea Projects in Indonesia and Malaysia shall share equally the available ASEAN markets excluding the market in IndonesiaMalaysia. In the event that there is surplus production from the ASEAN Urea Project in MalaysiaIndonesia, Malaysia Indonesia shall guarantee to absorb the surplus production at the agreed formula price by supplying its own domestic market and the markets outside ASEAN countries or both so as to maintain maintain. the plant production rate as indicated in the feasibility study report as finally accepteds accepted by the ASEAN Economic Ministers on 2-4 September 1977 at Pattaya, having due regard to the technical constraints which may be experienced by the the-project plant. Subject to the provision of paragraph 2 of this Article, Malaysia Indonesia and the Parties agree that, that at the appropriate time each year the host count, country shall invite ASEAN Member, Member States to state their annual urea requirements from which the minimum urea offtake off take by the ASEAN member Member States shall be computed and agreed upon. Malaysia Indonesia and the Parties also agree that the ASEAN Urea Project (MalaysiaIndonesia), in conjunction with the ASEAN Urea Project project (IndonesiaMalaysia), shall take into consideration the possibility of supplying urea to ASEAN member countries in a manner that would enable the host country, the two Projects and the purchasing ASEAN member entries countries to benefit from the most cost-efficient supply and transport arrangements f of urea without altering the agreed market sharing arrangements.

MARKET SUPPORT. In order to .sure ensure the success of the Project, Malaysia Indonesia and the Parties agree that off taking of product shall be arranged in accordance with the Preferential Trading Arrangements among ASEAN Member States. To ensure the success of the Project, Malaysia Indonesia and the Parties hereto agree that subject to Article 3.4, the Project shall have priority right to supply the- Malaysian the Indonesian domestic market and the available ASEAN markets. For this purpose the purpose, available ASEAN markets means: the markets in the Philippines and Thailand after considering their own domestic production of urea. ; and the market in Indonesia Malaysia if there is insufficient production of urea in IndonesiaMalaysia. As and when an ASEAN Urea Project in Indonesia Malaysia is established and becomes operational, the ASEAN Urea Projects in Indonesia and Malaysia shall share equally the available ASEAN markets excluding the market in IndonesiaMalaysia. In in the event that there is surplus production from the ASEAN Urea Project in MalaysiaIndonesia, Malaysia Indonesia shall guarantee to absorb the surplus production at the agreed formula price by supplying its own domestic market and the markets outside ASEAN countries or both so as to maintain maintain. the plant production rate as indicated in the feasibility study report as finally accepteds accepted by the ASEAN Economic Ministers on 2-4 September 1977 at Pattaya, having due regard to the technical constraints which may be experienced by the the-project plant. Subject to the provision of paragraph 2 of this Article, Malaysia Indonesia and the Parties agree that, that at the appropriate time each year the host count, country shall invite ASEAN Member, Member States to state their annual urea requirements from which the minimum urea offtake off take by the ASEAN member Member States shall be computed and agreed upon. Malaysia Indonesia and the Parties also agree that the ASEAN Urea Project (MalaysiaIndonesia), in conjunction with the ASEAN Urea Project project (IndonesiaMalaysia), shall take into consideration the possibility of supplying urea to ASEAN member countries in a manner that would enable the host country, the two Projects and the purchasing ASEAN member entries countries to benefit from the most cost-efficient supply and transport arrangements f of urea without altering the agreed market sharing arrangements.

MARKET SUPPORT. In order to .sure ensure the success of the Project, Malaysia Thailand and the Parties agree that off taking of product shall be arranged in accordance with the Preferential Trading Arrangements among ASEAN Member States. To ensure the success of the Project, Malaysia Thailand and the Parties hereto agree that that, subject to Article 3.42 paragraph 4 below, the Project shall have priority right to supply the- Malaysian the Thailand domestic market and the available ASEAN markets. For this purpose purpose, "available ASEAN markets markets" means: the markets in Indonesia, Malaysia and Brunei Darussalam; the market of the Philippines, net of domestic requirements supplied at a concessional price under existing and temporary bilateral agreement between the Philippines and Thailand after considering their own domestic production of urea. the market in Indonesia if there is insufficient production of urea in Indonesia. As and when an a non-ASEAN Urea Project in Indonesia is established and becomes operational, the ASEAN Urea Projects in Indonesia and Malaysia shall share equally the available ASEAN markets excluding the market in Indonesiacountry. In the event there is surplus production from the ASEAN Urea Project in MalaysiaProject, Malaysia Thailand shall guarantee to absorb the surplus production at the agreed formula price by supplying its own domestic market and the markets outside ASEAN countries or both so as to maintain the plant production rate rates as indicated in the feasibility study report as finally accepted, having due regard to the technical constraints which may be experienced by the project Project plant. Subject to the provision provisions of paragraph 2 of this ArticleArticle 0, Malaysia xxxxxxxxx 0 xxxxx, Xxxxxxxx and the Parties agree that, that at the appropriate time each year the host count, country shall invite ASEAN Member, Member States to state their annual urea potash requirements from which the minimum urea potash offtake by the ASEAN member Member States shall be computed and agreed upon. Malaysia Thailand and the Parties also agree that the ASEAN Urea Project (Malaysia), in conjunction with the ASEAN Urea Project (Indonesia), shall take into consideration the possibility of supplying urea potash to ASEAN member countries Member States in a manner that would enable the host country, the two Projects Project and the purchasing ASEAN member entries Member States to benefit from the most cost-efficient supply and transport arrangements f urea without altering the agreed market sharing arrangementsfor potash sales and deliveries.

MARKET SUPPORT. In order to .sure ensure the success of the Project, Malaysia and the Parties agree that off taking offtaking of product shall be arranged in accordance with the Preferential Trading Arrangements among ASEAN Member States. To ensure the success of the Project, Malaysia and the Parties hereto agree that subject to Article 3.4, the Project shall have priority right to supply the- the Malaysian domestic market and the available ASEAN markets. For this purpose purpose, “available ASEAN markets markets” means: the markets in the Philippines and Thailand after considering their own domestic production of urea. the market in Indonesia if there is insufficient production of urea in Indonesia. As and when an ASEAN Urea Project in Indonesia is established and becomes operational, the ASEAN Urea Projects in Indonesia and Malaysia shall share equally the available ASEAN markets excluding the market in Indonesia. In the event there is surplus production from the ASEAN Urea Project in Malaysia, Malaysia shall guarantee to absorb the surplus production at the agreed formula price by supplying its own domestic market and the markets outside ASEAN countries or both so as to maintain the plant production rate as indicated in the feasibility study report as finally accepted, having due regard to the technical constraints which may be experienced by the project plant. Subject to the provision of paragraph 2 of this Article, Malaysia and the Parties agree that, that at the appropriate time each year the host count, country shall invite ASEAN Member, Member States to state their annual urea requirements from which the minimum urea offtake by the ASEAN member Member States shall be computed and agreed upon. Malaysia and the Parties also agree that the ASEAN Urea Project (Malaysia), in conjunction with the ASEAN Urea Project (Indonesia), shall take into consideration the possibility of supplying urea to ASEAN member countries in a manner that would enable the host country, the two Projects and the purchasing ASEAN member entries to benefit from the most cost-efficient supply and transport arrangements f of urea without altering the agreed market sharing arrangements.