Common use of Delivery and Acceptance and Net Scheduling Obligations Clause in Contracts

Delivery and Acceptance and Net Scheduling Obligations. where there is more than one Individual Contract between the Parties in respect of a Time Unit and a Delivery Point, the Contract Quantity shall be the Net Contract Quantity, the Contract Price shall be the energy weighted average of the Contract Prices of the relevant Individual Contracts for that Time Unit and that Delivery Point in respect of which the Net Buyer is the Buyer and the "Default Quantity" shall be the difference between the Net Contract Quantity and the Delivered Quantity.

Delivery and Acceptance and Net Scheduling Obligations. where there is more than one Individual Contract between the Parties in respect of a Time Unit and a Delivery Point, the Contract Quantity shall be the Net Contract Quantity, the Contract Price shall be the energy weighted average of the Contract Prices of the relevant Individual Contracts for that Time Unit and that Delivery Point in respect of which the Net Buyer Seller is the Buyer Seller and the "Default Quantity" Quantity "shall be the difference between the Net Contract Quantity and the Delivered Quantity.; and