CHANGED TERMS. The terms of the Specific Provisions, including without limitation, the stated Purchase Price, shall be based upon particular factors affecting the sale, including the Quantity to be purchased, the Specifications and grade of Marine Fuel being purchased, the Delivery Date, and similar factors. If after finalization of the Specific Provisions either (i) Buyer or the Master should require an increase or decrease of more than ten percent (10%) in the Quantity to be delivered, (ii) Buyer or the Master should require any material change in the Specifications or grade of Marine Fuel to be delivered, (iii) Buyer or the Master should require any change in either the Receiving Vessel, the Point of Sale, the Delivery Point, the Delivery Date, the manner of delivery or any other material provision of the Contract, or (iv) the Receiving Vessel should fail for any reason to take delivery within four (4) days of the Delivery Date, Seller shall have the right, at its sole option, to (I) proceed as requested by Buyer, (II) cancel the Contract, (III) propose to reschedule deliveries or (IV) negotiate a new Purchase Price with Buyer.
Appears in 2 contracts
Sources: Marine Fuel Purchase and Sale Agreement, Marine Fuel Sales Contract