Tender Nomination and Processing of Production Sample Clauses

The 'Tender, Nomination and Processing of Production' clause defines the procedures and obligations for parties to declare, schedule, and manage the delivery and handling of produced goods, typically in the context of commodities or energy contracts. It outlines how and when a seller must notify the buyer of available production (tender), how the buyer nominates quantities for delivery, and the steps for processing or transferring the product. This clause ensures that both parties coordinate logistics efficiently, minimizing disputes and delays by providing a clear framework for the movement and handling of production.
Tender Nomination and Processing of Production 
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