Common use of METHOD OF ORDER BOOKING AND DELIVERY OF COAL Clause in Contracts

METHOD OF ORDER BOOKING AND DELIVERY OF COAL. 8.1.1 In terms of the notice by the Corporation issued for monthly Coal allocation / bookings stipulating the time schedule for order booking and advance payment, the Purchaser shall deposit 100% advance payment in the manner provided in Clause 11, for the Monthly Scheduled Quantity determined in terms of Clause 4.9. The Corporation shall arrange to issue sale order(s)/delivery order(s) separately for each colliery and issue necessary loading programme / schedule to the Purchaser as informed by Coal Company. The Purchaser shall arrange to place the required number / type of trucks to lift the Coal as per such loading programme / schedule at its/their own cost. 8.1.2 Deleted. 8.1.3 In the event of any quantity remaining undelivered / unlifted, the Purchaser shall be entitled to the refund of the value of such quantity. 8.1.4 In the event the Purchaser fails to book any quantity of Coal for any month, such Coal quantity shall lapse and shall be treated as failed quantity or DDQ as per clause 6. It is clarified that in no case shall the Purchaser be allowed to book/lift such lapsed/ failed quantity in any subsequent period.

METHOD OF ORDER BOOKING AND DELIVERY OF COAL. 8.1.1 In terms of the notice by the Corporation issued for monthly Coal allocation / bookings stipulating the time schedule for order booking and advance payment, the Purchaser shall deposit 100% advance payment in the manner provided in Clause 11, for the Monthly Scheduled Quantity determined in terms of Clause 4.9. The Corporation shall arrange to issue sale order(s)/delivery order(s) separately for each colliery and issue necessary loading programme / schedule to the Purchaser as informed by Coal Company. The Purchaser shall arrange to place the required number / type of trucks to lift the Coal as per such loading programme / schedule at its/their own cost. 8.1.2 Deleted. 8.1.3 In the event of any quantity remaining undelivered / unlifted, the Purchaser will have to make follow up with respective collieries and Area office for reconciliation of quantity and refunds and shall be entitled to the refund of for such refunds only which actually remitted/credited by WCL area office into MSMCL account towards the value of such un lifted/undelivered quantity. 8.1.4 In the event the Purchaser fails to book any quantity of Coal for any month, such Coal quantity shall lapse and shall be treated as failed quantity or DDQ as per clause 6. It is clarified that in no case shall the Purchaser be allowed to book/lift such lapsed/ failed quantity in any subsequent period.