Outturn Date definition

Outturn Date means the date on which Noranda credits Auramet's segregated metal account with the refined metal purchased by Auramet hereunder. All capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Noranda Agreement.
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Examples of Outturn Date in a sentence

  • If the Outturn Entitlement has not been outturned, in full, before the Outturn Date, EMERALD may, after providing at least 10 days’ notice and consulting during that period with the Warehouser, Title Transfer on behalf of the Warehouser at the best available price for such quality and quantity of Commodity and account to the Warehouser for the sale proceeds net of selling costs and expenses.

  • Malting barley grades not outturned by the Outturn Date may be regraded to Feed grade at EMERALD’s discretion, acting reasonably.

  • If the Outturn Entitlement has not been outturned, in full, before the Outturn Date, EMERALD GRAIN may, after providing at least 10 days’ notice and consulting during that period with the Warehouser, Title Transfer on behalf of the Warehouser at the best available price for such quality and quantity of Commodity and account to the Warehouser for the sale proceeds net of selling costs and expenses.

  • Malting barley grades not outturned by the Outturn Date may be regraded to Feed grade at EMERALD GRAIN’s discretion, acting reasonably.

  • Such adjustment shall be calculated based on an amount equal to the then applicable market based PM lending rates (as reasonably determined by Buyer) for the period of time from the original Outturn Date to the date the Estimated Quantity is finally credited to Buyer’s Metal Account released to Buyer.

  • Subject to Buyer’s other rights hereunder, including the right of termination, if the Estimated Quantity is not credited to the account designated by Buyer in writing to Seller (“Buyer’s Metal Account”) on the Outturn Date, the Purchase Price shall be adjusted to reflect the additional financing cost of such delay.

  • Subject to Buyer’s other rights hereunder, including the right of termination, if the Estimated Quantity is not credited to Buyer’s Metal Account on the Outturn Date, the Purchase Price shall be adjusted to reflect the additional financing cost of such delay.

  • Such adjustment shall be calculated using an amount equal to the then applicable PM lending rates (as reasonably determined in good faith by Buyer) for the period of time from the original Outturn Date to the date the Estimated Quantity is finally credited to Buyer’s Metal Account released to Buyer.

  • The Purchase Price shall be based on the pricing established pursuant to Section 2.1 above and adjusted to reflect the agreed upon cost of financing and any market contango or backwardation for the period from the date of payment to the Outturn Date.

  • Notwithstanding any of the foregoing, if, for any reason, there is a shortfall at the Outturn Date, then Seller shall immediately, through pool transfer, market transaction, or other manner acceptable to Buyer, transfer to Buyer the subject PM shortfall.