Common use of Minimum Volume Clause in Contracts

Minimum Volume. Except for the two weeks of scheduled downtime, the minimum target volume of Chips to be processed and delivered each week is 2,500 tons. In the event the agreed to quarterly target volume of 31,250 tons is not met, at the end of each quarter both parties shall meet and use their best efforts to resolve the shortfall. This does not relieve BLUE RIDGE PAPER of its obligation to purchase or L-P of its obligation to produce the estimated annual amount of 125,000 tons of chips stated here in.

Minimum Volume. Except for the two weeks of scheduled downtime, the minimum target volume of Chips to be processed and delivered each week is 2,500 5,700 tons. In the event the agreed to quarterly target volume of 31,250 71,250 tons is not met, at the end of each quarter both parties shall meet and use their best efforts to resolve the shortfall. This does not relieve BLUE RIDGE PAPER CHAMPION of its it’s obligation to purchase or L-P of its SUNCREST obligation to produce the estimated annual amount of 125,000 285,000 tons of chips stated here in.