Common use of Shrinkage allowance Clause in Contracts

Shrinkage allowance. (a) A shrinkage allowance (the Shrinkage Allowance) of 0.5% of the quantity of the original Consignment delivered (or Client's Entitlement, if applicable) will be deducted in respect of all Receival Tonnage(For clarification, if 100 tonnes of Product is received, after allowing for the Shrinkage Allowance only 99.50 tonnes will be Outturned.)

Appears in 2 contracts

Samples: www.qldbulkterminals.com, www.qldbulkterminals.com

AutoNDA by SimpleDocs

Shrinkage allowance. (a) A shrinkage allowance (the Shrinkage Allowance) of 0.5% of the quantity of the original Consignment delivered (or Client's Entitlement, if applicable) will be deducted in respect of all Receival Tonnage(For clarification, if 100 tonnes of Product is received, after allowing for the Shrinkage Allowance only 99.50 tonnes will be Outturned.);

Appears in 1 contract

Samples: www.qldbulkterminals.com

AutoNDA by SimpleDocs

Shrinkage allowance. (a) A shrinkage allowance (the Shrinkage Allowance) of 0.5% of the quantity of the original Consignment delivered (or Client's Entitlement, if applicable) will be deducted in respect of all Receival Tonnage(For Product that is Outturned from the Facility; (For clarification, if 100 tonnes of Product is received, after allowing for the Shrinkage Allowance only 99.50 tonnes will be Outturned.)

Appears in 1 contract

Samples: Container Packing Agreement

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