The Purchased Commodities Sample Clauses

The Purchased Commodities. Subject to the terms and conditions of this Agreement, Xxxxx agrees to purchase from Seller, and Xxxxxx agrees to sell and arrange to deliver to Xxxxx, (+/- 15%) metric tons of U.S. origin soybean meal (the "Purchased Commodities"). Seller shall have the option of shipping 15 per cent more or less than the specified quantity, at the contract price per metric ton (total payment due will be adjusted according to the final bill of lading, either higher or lower). The Purchased Commodities have been represented by USDA to the Seller to conform to the following specifications: USA Soybean Meal in bulk as defined in standard specifications of the National Oilseeds Processing Association (NOPA) trading rules per the latest revision of October 2012. Protein of 46.5 percent; Moisture 12.5 percent; Fat minimum 0.5 percent; Fiber maximum 4.0 percent; in bulk. Quality discounts for protein level below 46.5 %, but not less than 45.5 %, 1 :1 ratio down to 45.5 %. Quality Discounts for moisture above 12.5 %, but not to exceed 13.0 % (1 :1 ratio). All claims to be settled on analysis rounded to the nearest tenth of a percent. Fives (5s) are rounded up. Conformity of the SBM with the above specifications will be determined by INDEPENDENT LABORATORY ANALYSIS Inspection at loading, as provided below.
Sample 1
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The Purchased Commodities. Subject to the terms and conditions of this Agreement, Buyer agrees to purchase from Seller, and Seller agrees to sell and arrange to deliver to Buyer, (+/- 15%) metric tons of U.S. origin soybeans (the "Purchased Commodities"). Seller shall have the option of shipping 15 per cent more or less than the specified quantity, at the contract price per metric ton (total payment due will be adjusted according to the final xxxx of lading, either higher or lower). The Purchased Commodities have been represented by USDA to the Seller to conform to the following specifications: Commodity Specification
Sample 1
The Purchased Commodities. Subject to the terms and conditions of this Agreement, Xxxxx agrees to purchase from Seller, and Xxxxxx agrees to sell and arrange to deliver to Buyer, the additional tonnage of MT (+/-15%) of U.S. origin soybean meal (the "Purchased Commodities"). Total payment due will be adjusted according to the final bills of lading, either higher or lower. The Purchased Commodities have been represented by USDA to the Seller to conform to the following specifications: USA Soybean Meal (SBM) in Bulk as defined in Standard specifications of the National Oilseeds processing Association (NOPA) trading rules revised February 2014: Protein of 46.5 percent; Moisture 12.5 percent; Fat minimum 0.5 percent; Fiber maximum 3.8 percent; in bulk. Quality discounts for protein level below 46.5%, but not less than 45.5%, 1 :1 ratio down to 45.5%. Quality Discounts for moisture above 12.5%, but not to exceed 13% (1 :1 ratio). All claims to be settled on analysis rounded to the nearest tenth of a percent. Fives (5s) are rounded up. Packaging: Bulk Conformity of the SBM with the above specifications will be determined by INDEPENDENTLABORATORY ANALYSIS Inspection at loading, as provided below.
Sample 1
The Purchased Commodities. Subject to the terms and conditions of this Agreement, Buyer agrees to purchase from Seller, and Seller agrees to sell and arrange to deliver to Buyer, 33,700 (+/- 10%) metric tons of U.S. origin soybean meal (the "Purchased Commodities"), in bulk. Seller shall have the option of shipping 10% more or less than the specified quantity, at the contract price per metric ton (total payment due will be adjusted according to the final xxxx of lading, either higher or lower). The Purchased Commodities have been represented by USDA to the Seller to conform to the following specifications: USA Soybean Meal in bulk as defined in standard specifications of the National Oilseeds Processing Association (NOPA) trading rules per the latest revision. • Protein of 47.5 percent, moisture. 12.0 percent; minimum fat 0.5 percent; maximum fiber
Sample 1

Related to The Purchased Commodities

  • Rejected Commodities When a Customer rejects a commodity, Contractor will remove the commodity from the premises within ten (10) calendar days after notification of rejection, and the risk of loss will remain with the Contractor. Commodities not removed by the Contractor within ten

  • Commodities Commodity based investments, whether made by investing directly in physical commodities, for example gold, or by investing in companies whose business is substantially concerned with commodities or through commodity linked products, may be impacted by a variety of political, economic, environmental and seasonal factors. These relate to real world issues that impact either on demand or on the available supply of the commodity in question. Other factors that can materially affect the price of commodities include regulatory changes, and movement in interest rates and exchange rates. Their value can fall as well as rise, and in some cases an investment in commodity linked products might result in the delivery of the underlying.

  • Commodity A tangible good, which may or may not meet the specifications herein. Commodities under this contract are Agriculture and Lawn Equipment which includes the Base Equipment, associated OEM Options, Accessories and Implements and Replacement Parts classified under twenty-one (21) Groups, listed in section 3.1.

  • Purchase Closing Section 2.1 Purchase 5 Section 2.2 Closing 5 Section 2.3 Closing Conditions 6

  • Purchased Assets Subject to the terms and conditions of this Agreement, at the Closing, each Seller shall sell, convey, assign, transfer and deliver to the Buyer, and the Buyer shall purchase, free and clear of all Encumbrances, all right, title and interest of such Seller in and to the following Assets (collectively, the “Purchased Assets”):

  • Receivables (a) Other than in the ordinary course of business consistent with its past practice, such Grantor will not (i) grant any extension of the time of payment of any Receivable, (ii) compromise or settle any Receivable for less than the full amount thereof, (iii) release, wholly or partially, any Person liable for the payment of any Receivable, (iv) allow any credit or discount whatsoever on any Receivable or (v) amend, supplement or modify any Receivable in any manner that could adversely affect the value thereof.

  • Purchase and Sale Agreement The Participating Investors and the selling Key Holder agree that the terms and conditions of any Proposed Key Holder Transfer in accordance with Subsection 2.2 will be memorialized in, and governed by, a written purchase and sale agreement with the Prospective Transferee (the “Purchase and Sale Agreement”) with customary terms and provisions for such a transaction, and the Participating Investors and the selling Key Holder further covenant and agree to enter into such Purchase and Sale Agreement as a condition precedent to any sale or other transfer in accordance with this Subsection 2.2.

  • Dealer The seller of automobiles or light trucks that originated one or more of the Receivables and assigned the respective Receivable, directly or indirectly, to Ally Bank under an existing agreement between such seller and Ally Bank. Dealer Agreement: An existing agreement between Ally Bank or one of its Affiliates and a Dealer with respect to a Receivable. Default: Any occurrence that is, or with notice or the lapse of time or both would become, an Event of Default.

  • Eligible Consumers Residential, commercial, industrial, municipal, or other consumers of electricity who receive Basic Service from the Local Distributor as of the Effective Date, at one or more locations within the geographic boundaries of the Town. This includes (1) Basic Service consumers who have indicated that they do not want their contact information shared with Competitive Suppliers for marketing purposes; and (2) consumers receiving Basic Service plus an optional Green Power product that allows concurrent enrollment in either Basic Service or competitive supply. This excludes (1) Basic Service consumers who have asked their Local Distributor to not enroll them in competitive supply; (2) Basic Service consumers enrolled in a Green Power product that prohibits switching to a Competitive Supplier; and (3) consumers receiving competitive supply service.

  • Purchased Services During the term of this Collective Agreement, no regular employee will be declared surplus in his/her position as a result of the use of purchased services to perform the work normally performed by that employee.

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