GCV [ARB] definition
Examples of GCV [ARB] in a sentence
If GCV (ARB) is above/below 4200cal/kg, then price shall be adjusted pro-rata per the following formula basis: Adjusted price = CIF INR x Actual GCV (ARB) 4200 Kcal/Kg If GCV(ARB) under 4000Kcal/Kg, double penalty will be applicable for the calorific values below 4000 Kcal/Kg at Buyer`s option.
If GCV (ARB) is above/below 4200cal/kg, then price shall be adjusted pro-rata per thefollowing formula basis: Adjusted price = If GCV(ARB) under 4000Kcal/Kg, double penalty will be applicable for the calorific values below 4000 Kcal/Kg at Buyer`s option.
The Basic Price of Coal sold and supplied under this Agreement shall be US$ XXXX(XXXXX United States Dollars Only) Per Metric Ton FOBST XXXXXXXX, Basis XXXX Kcal/Kg GCV (ARB), with Fractions Pro Rata.
If the difference between results on challenged Certificate of Sampling & Analysis and Umpire Certificates is greater than the inter laboratory reproducibility (61 kcal/ kg in case of GCV (ARB)), with umpire certificate results on lower side, then Umpire certificate shall prevail, else challenged Certificate of Sampling & Analysis results shall prevail as final and binding.
The Coal with GCV (ARB) below XXXX kcal/kg (the rejection limit), shipped under this Agreement, shall be liable to be rejected with no liability upon the Buyer.