Determination of LUAF Sample Clauses

Determination of LUAF. On or before the 45th Day after the end of each calendar year and upon the termination or expiration of this Agreement if such occurs other than at the end of a calendar year, Customer shall calculate the LUAF and apply same to the LUAF Target and the LUAF Price to determine the LUAF Payment in accordance with the following provisions and subject to verification by Contractor at its request. All calculations shall be made on a calendar year basis, except upon a termination or expiration of this Agreement that does not occur at the end of a calendar year, in which case the calculation shall be determined on the basis of that part of the annual period then elapsed. The LUAF shall be calculated by determining the difference between (i) total Gas receipt throughput, measured in MMBtus, for all Facilities for such calendar year (or portion thereof as applicable) measured at all receipt points of the Facilities less (ii) total Gas delivery throughput, measured in MMBtus, for all Facilities for the same period of calculation measured at all delivery points of the Facilities (the difference between such receipt throughput and such delivery throughput for such period of calculation, the "LUAF").
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