Delivery Range definition
Examples of Delivery Range in a sentence
If in its sole assessment the Builder concludes that it is possible for the Vessel to be delivered prior to the last date within the Delivery Range then it shall give written notice to the Buyer of the date by which the Vessel can be delivered (the “Revised Delivery Date”).
Where the Builder considers that it may be able to deliver the Vessel prior to the last date within the Delivery Range then the provisions of this clause shall apply.
By no later than 10th January 2019 the Builder shall make an assessment of whether it may be possible for the Vessel to be delivered within the Delivery Range.
At least seven (7) months before the Starting Delivery Date, Buyer shall provide Notice to Seller reducing the Adjusted Starting Delivery Range from three (3) months to one (1) month (the “Re-adjusted Starting Delivery Date Range”) provided that such one (1) month period must begin and end within the Adjusted Starting Delivery Date Range.
As to each Firm Order, Seller shall be obligated to deliver to Buyer Product constituting between ninety percent (90%) and one hundred and ten percent (110%) of such Firm Order (the "Delivery Range"), and Buyer agrees that any delivery of Product within the Delivery Range shall constitute full and complete compliance by Seller of its delivery obligations under such Firm Order.
Seller shall calculate the Adjusted Base Price pursuant to Section 10.2 for each quarterly adjustment date (beginning on the first Day of the Adjusted Starting Date Delivery Range for the first quarterly adjustment) and provide Notice to Buyer of the Adjusted Base Price that will take effect thereon.