Common use of Quantity Tolerance Clause in Contracts

Quantity Tolerance. The quantity tolerance shall be as specified in the relevant AIC or FOSFA contract but shall be at the Company’s option. Where the quantity delivered on a contract is more than the maximum quantity permitted by the tolerance, the Company reserves the right to pay the spot market price for tonnage above the mean contract quantity.

Appears in 1 contract

Sources: Farm Purchase Terms for Grain, Pulses and Oilseeds

Quantity Tolerance. The quantity tolerance shall be as specified in the relevant AIC or FOSFA contract but shall be at the Company’s 's option. Where the quantity delivered on a contract is more than the maximum quantity permitted by the tolerance, the Company reserves the right to pay the spot market price for tonnage above the mean contract quantity.

Appears in 1 contract

Sources: Farm Purchase Terms for Grain, Pulses and Oilseeds