Common use of First Delivery Date Clause in Contracts

First Delivery Date. 2.9.1 Not later than 5 days from Effective Date, both parties shall determine a mutually agreeable 3 Month period within a time period of 18 month from the Effective Date for commencement of coal supplies (“Target Start Period”). In the event that the Parties are not able to agree on such 3-Month period then later of the 3 month period suggested by the either party shall be the Target Start Period. The actual date of coal delivery at the Delivery Point by the Seller within the Target Start Period shall be the First Delivery Date. In case there is no coal supply by the Seller at the Delivery Point during Target Start Period owing to reasons other than Force Majeure the last date of Target Start Period shall be deemed to be the First Delivery Date. 2.9.2 The Target Start Period may be extended on account of Force Majeure in accordance with Clause 17, subject to a maximum of 180 days Reference: 1- Letter no. CIL/S&M/47252(New Pol)/318 dated 22.03.2016 2- SHAKTI Policy dated 22.05.2017