Common use of Second Paragraph Clause in Contracts

Second Paragraph. For the effects of the adjustment for inflation referred to in the previous paragraph, in case the payment in arrears is made up to or before thirty (30) days, any negative variation of the IGPM shall be considered as being null.

Appears in 2 contracts

Sources: Electric Power Purchase and Sale Agreement (Braskem Sa), Electric Power Purchase and Sale Agreement (Braskem Sa)