Excesses and Deficits of the Daily Sample Clauses

Excesses and Deficits of the Daily. Imbalance (Reference Price P2)‌ Each Day J, for each Balancing Zone Z, the Daily Imbalance Excess, as defined in sub-clause 44.1 above, if it exists and with the exception of the quantity defined in sub-clause 47.2 below, is purchased by GRTgaz from the Shipper at a price equal to: TQJA2(J,Z) = P2A(J,Z) x EXBJ(J,Z) Each Day J, for each Balancing Zone Z, the Daily Imbalance Deficit, as defined in sub-clause 44.1 above, if it exists and with the exception of the quantity defined in sub-clause 47.2 below, is sold by GRTgaz to the Shipper at a price equal to: TQJV2(J,Z) = P2V(J,Z) x XXXX(J,Z) Xxxxxxx, as the case may be, and the day immediately following. It is expressly agreed that should GRTgaz provide an erroneous value for a Quantity Taken off or a Quantity Delivered, or does not provide such value, unless such provision or lack of provision is the fault of GRTgaz, GRTgaz is not responsible within the meaning of this sub-clause.
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Related to Excesses and Deficits of the Daily

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  • Application of Miscellaneous Proceeds upon Condemnation, Destruction, or Loss in Value of the Property In the event of a total taking, destruction, or loss in value of the Property, all of the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument, whether or not then due, with the excess, if any, paid to Borrower. In the event of a partial taking, destruction, or loss in value of the Property (each, a “Partial Devaluation”) where the fair market value of the Property immediately before the Partial Devaluation is equal to or greater than the amount of the sums secured by this Security Instrument immediately before the Partial Devaluation, a percentage of the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument unless Borrower and Lender otherwise agree in writing. The amount of the Miscellaneous Proceeds that will be so applied is determined by multiplying the total amount of the Miscellaneous Proceeds by a percentage calculated by taking (i) the total amount of the sums secured immediately before the Partial Devaluation, and dividing it by (ii) the fair market value of the Property immediately before the Partial Devaluation. Any balance of the Miscellaneous Proceeds will be paid to Borrower. In the event of a Partial Devaluation where the fair market value of the Property immediately before the Partial Devaluation is less than the amount of the sums secured immediately before the Partial Devaluation, all of the Miscellaneous Proceeds will be applied to the sums secured by this Security Instrument, whether or not the sums are then due, unless Borrower and Lender otherwise agree in writing.

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