WEIGHING, SAMPLING AND MOISTURE DETERMINATION. (a) Concentrate shall be weighed, sampled and moisture determined upon arrival of the Concentrate at Buyer’s Warehouse under the inspection of an internationally recognized supervision company appointed by Seller and Buyer and in lot sizes of approximately 250 (two hundred and fifty) wmt in accordance with international practice. All sampling costs shall be shared equally between Buyer and Seller. The final wet weight shall be the wet weight measured upon Delivery of the Concentrate at the Warehouse under the supervision of an internationally recognized supervision company less 0.35%. The moisture thus determined shall be final for settlement purposes.
Appears in 2 contracts
Sources: Cerro Los Gatos Lead Concentrate Sales Agreement (Sunshine Silver Mining & Refining Corp), Cerro Los Gatos Lead Concentrate Sales Agreement (Sunshine Silver Mining & Refining Corp)