Common use of Build – Up Period Clause in Contracts

Build – Up Period. 2.10.1 Build-Up Period shall be the period of 6 months commencing on the First Delivery Date. In case CIL decides at its sole discretion to import, Build-up period shall be extended for a further period of six months for commencing supply of imported coal During the Build- Up Period any compensation arising on account of short supply or short lifting, as per Clause -4.6 of this Agreement, shall not be payable by either Party. Supply of coal by Seller shall start only after the Purchaser’s power plant becoming ready to start lighting up the boilers, to be confirmed by the Purchaser to the Seller in writing with documentary evidence. 2.10.2 The indicative Coal quantities to be supplied by the Seller and to be offtaken by the Purchaser during the Build- up Period are shown below. For avoidance of doubt, it is clarified that the quantities mentioned are indicative and the actual scheduled quantities may exceed or be lower compared to the quantities indicated below. The quantities shall however not exceed the pro-rated contracted quantities under this Agreement Build-Up Period [A period of 6 /12 months from First Delivery Date as the case may be] Per month

Appears in 1 contract

Sources: Fuel Supply Agreement

Build – Up Period. 2.10.1 Build-Up Period shall be the period of 6 months commencing on the First Delivery Date. In case CIL decides at its sole discretion to import, Build-up period shall be extended for a further period of six months for commencing supply of imported coal During the Build- Up Period any compensation arising on account of short supply or short lifting, as per Clause -4.6 -3.6 of this Agreement, shall not be payable by either Party. Supply of coal by Seller shall start only after the Purchaser’s power plant becoming ready to start lighting up the boilers, to be confirmed by the Purchaser to the Seller in writing with documentary evidence. 2.10.2 The indicative Coal quantities to be supplied by the Seller and to be offtaken by the Purchaser during the Build- up Period are shown below. For avoidance of doubt, it is clarified that the quantities mentioned are indicative and the actual scheduled quantities may exceed or be lower compared to the quantities indicated below. The quantities shall however not exceed the pro-rated contracted quantities under this Agreement Build-Up Period [A period of 6 /12 months from First Delivery Date as the case may be] Per month

Appears in 1 contract

Sources: Coal Supply Agreement

Build – Up Period. 2.10.1 Build-Up Period shall be the period of 6 months commencing on the First Delivery Date. In case CIL decides at its sole discretion to import, Build-up period shall be extended for a further period of six months for commencing supply of imported coal coal. During the Build- Build-Up Period any compensation arising on account of short supply or short lifting, as per Clause -4.6 of this Agreement, shall not be payable by either Party. Supply of coal by Seller shall start only after the Purchaser’s power plant becoming ready to start lighting up the boilers, to be confirmed by the Purchaser to the Seller in writing with documentary evidence. 2.10.2 The indicative Coal quantities to be supplied by the Seller and to be offtaken by the Purchaser during the Build- up Period are shown below. For avoidance of doubt, it is clarified that the quantities mentioned are indicative and the actual scheduled quantities may exceed or be lower compared to the quantities indicated below. The quantities shall however not exceed the pro-rated contracted quantities under this Agreement Build-Up Period [A period of 6 /12 months from First Delivery Date as the case may be] Per monthNIL

Appears in 1 contract

Sources: Modified Model Fuel Supply Agreement