OVERAGES AND SHORTAGES Sample Clauses

OVERAGES AND SHORTAGES. Except in the sole discretion of Buyer, overages or shortages of Goods specified in this Order will not be accepted and such Goods will be held at Seller's risk. Buyer shall have no obligation to keep or preserve any overages or shortages of Goods delivered by Seller. Buyer may, and at Seller's request shall, return the Goods at Seller's risk, and all transportation charges, both to and from the original destination, shall be paid by Seller.
AutoNDA by SimpleDocs
OVERAGES AND SHORTAGES. All employees who are required to handle revenue transactions shall abide by the following procedures.
OVERAGES AND SHORTAGES. At the end of each Month, Carrier will calculate and Shipper shall confirm the difference, if any, between the volume of LPG delivered by Shipper at the Receipt Point and the volume of LPG delivered by Carrier to Shipper’s designated customer together with the amount of inventory held at the Matamoros Terminal (the “LPG Variance”). If the LPG Variance results in a shortage of more than one (1.0%) percent, Carrier will reimburse Shipper for the shortage of volume outside measurement tolerance in accordance with Section 6.12 quarterly. If the LPG Variance results in an overage of more than one (1.0%) percent, then such volume shall be the property of Carrier. These procedures shall be in addition to, and not in lieu of, any other provisions of this Agreement requiring Carrier to account to Shipper for all volumes delivered hereunder, but in no event shall the foregoing procedure result in Carrier accounting to Shipper more than once for the same volume.
OVERAGES AND SHORTAGES. 12 The Department agrees that unit members assigned to receive 13 and/or disburse funds for the Department shall not be held liable 14 for shortages, except in the case of fraud, embezzlement, or any 15 other illegal act. All overages shall be the property of the 16 Department. This section does not relieve the unit member from 17 being accountable for errors for purposes of performance evaluations 18 and disciplinary actions. 19
OVERAGES AND SHORTAGES. ARTICLE TERM OF AGREEMENT ............. AND PAYPERIODS SCHEDULE ..........
OVERAGES AND SHORTAGES. If LST purchases by delivery of firm purchase orders more than the minimum purchase requirements for any quarter, then the excess amount shall be applied to the minimum purchase requirements of the immediately subsequent quarter. If LST purchases by delivery of firm purchase orders less than the minimum purchase requirements for any quarter, then the LST may make up such deficiency in the immediately subsequent quarter by purchasing that number of Lasers which equals the amount of such deficiency, exclusive of the minimum purchase requirements for that subsequent quarter.
OVERAGES AND SHORTAGES. Keystone shall deliver and account to Lessee for 100% of Petroleum stored for its account subject to any actual gains or losses due to evaporation or shrinkage due to normal operations at the Tank Facilities. Adjustments for overages or shortages will be determined on a tank by tank basis. In addition to any direct gains or losses due to evaporation or shrinkage during terminalling or incident to Keystone transportation or other services provided by Keystone, the account of Lessee shall be subject to the application of a financial loss allowance equal to 0.05% of all Receipts from Lessee at the Tank Facilities. The financial loss allowance shall be included for the purposes of balancing shipper positions in accordance with Section 5.4 of the Rules and Regulations Governing the Transportation of Petroleum contained in the tariff of TransCanada Keystone Pipeline, LP, an Affiliate of Keystone, in effect at the relevant time. Overages or shortages will be calculated and prorated to Net Standard Volumes on a Monthly basis.
AutoNDA by SimpleDocs

Related to OVERAGES AND SHORTAGES

  • Shortages Claims for shortages in the amount of Products shipped by Patheon will be dealt with by reasonable agreement of the parties.

  • Default – Reprocurement Costs In case of Contract breach by Contractor, resulting in termination by the County, the County may procure the goods and/or services from other sources. If the cost for those goods and/or services is higher than under the terms of the existing Contract, Contractor will be responsible for paying the County the difference between the Contract cost and the price paid, and the County may deduct this cost from any unpaid balance due the Contractor. The price paid by the County shall be the prevailing market price at the time such purchase is made. This is in addition to any other remedies available under this Contract and under law.

Time is Money Join Law Insider Premium to draft better contracts faster.