Common use of Build – Up Period Clause in Contracts

Build – Up Period. 2.10.1 Build-Up Period shall commence immediately after the First Delivery Date. The Build-Up Period shall be a period of 3 months from the First Delivery Date. Whereas other provisions of this Agreement shall remain valid and enforceable for coal supplies during the Build up period, any compensation arising on account of short supply or short lifting, as per Clause 4.5 of this Agreement, during the Build up period shall not be payable by either Party. 2.10.2 The indicative coal quantities to be supplied by the Seller and to be purchased by the Purchaser during the Build- Up Period is shown below. For avoidance of doubt, it is clarified that the mentioned quantities are indicative and the actual scheduled quantities may exceed or be lower compared to the quantities indicated above. The quantities shall however not exceed the pro-rated contracted quantities under this Agreement. Build-Up Period [A period of 3 month from First Delivery Date]

Build – Up Period. 2.10.1 Build-Up Period shall commence immediately after the First Delivery Date. The Build-Up Period shall be a period of 3 6 months from the First Delivery Date. Whereas other provisions of this Agreement shall remain valid and enforceable for coal supplies during the Build up period, any compensation arising on account of short supply or short lifting, as per Clause 4.5 4.6 of this Agreement, during the Build up period shall not be payable by either Party. 2.10.2 The indicative coal quantities to be supplied by the Seller and to be purchased by the Purchaser during the Build- Up Period is shown below. For avoidance of doubt, it is clarified that the quantities mentioned quantities are indicative and the actual scheduled quantities may exceed or be lower compared to the quantities indicated above. The quantities shall however not exceed the pro-rated contracted quantities under this Agreement. Agreement Build-Up Period [A period of 3 6 month from First Delivery Date]