Inaccurate Meters. If any of the electric meters is deemed to be inaccurate under the Meter Service Agreement, deliveries shall be measured by reference to Seller’s check-meters, if any are installed and registering accurately, or the meter readings for the period of inaccuracy shall be adjusted as far as can be reasonably ascertained by Seller from the best available data, subject to review and approval by Buyer. If the period of the inaccuracy cannot be ascertained reasonably, any such adjustment shall be for a period equal to one-half of the time elapsed since the preceding test by applying the percentage of inaccuracy so found. Seller shall promptly cause such electric meters to be corrected and, where such inaccuracy was determined pursuant to a test required by Buyer, Seller shall bear the expense of any such test.
Inaccurate Meters. In the event that the Metering System is found to be inaccurate or functioning improperly, the correct amount of Net Energy Output delivered to Utility during the period for which inaccurate measurements were made shall be determined using in the Backup Metering System or other procedures defined in Schedule 5 (Metering), as appropriate.
Inaccurate Meters. If testing of the Revenue Meters indicates that an inaccuracy of more than +/-.5% in measurement of Electric Energy has occurred, the affected Revenue Meter shall be recalibrated promptly to register accurately within the Revenue Meter manufacturer stated tolerances. Each Party shall comply with any reasonable request of the other concerning the sealing of meters, the presence of a representative of the other Party when the seals are broken and the tests are made, and other matters affecting the accuracy of the measurement of Electric Energy. If either Party believes that there has been a meter failure or stoppage, it shall immediately notify the other Party.
Inaccurate Meters. If a meter is out of service or registering inaccurately by a variation greater than one percent (1%), the volumes of Gas delivered shall be estimated:
(A) by using the volumes registered by the check meter or meters of Seller, if installed and accurately registering, or
(B) in the absence of estimation pursuant to clause (A), by correcting the error if the percentage of error is ascertainable by calibration, test or mathematical calculations, or
(C) in the absence of estimation pursuant to both clause (A) and clause (B), then by estimating the quantity of deliveries based on deliveries during comparable Periods under similar conditions when the meter was registering accurately.
Inaccurate Meters. Subject to the Agreement, if any test of Metering Equipment pursuant to the Agreement shows that the measurements taken by that Metering Equipment are outside a margin of accuracy of plus 2% or minus 3% (the ‘allowable margin of accuracy’) of the Quantity of Gas delivered through that Metering Equipment then:
(a) the party responsible for that Metering Equipment must ensure that Metering Equipment is repaired or adjusted as soon as is practicable so that the measurements it takes are within the allowable margin of accuracy or replace that Metering Equipment with Metering Equipment that takes measurements within the allowable margin of accuracy; and
(b) the Tubridgi Parties jointly must correct previous readings taken from that Metering Equipment to reflect the actual Quantity Gas delivered (or a reasonable estimate of the Quantity of Gas delivered) since the date of the last reading taken from that Metering Equipment or, if later, the last date on which that Metering Equipment was tested and the measurements found to be within the allowable margin of accuracy.
Inaccurate Meters. If any of the electric meters is deemed to be inaccurate under the Meter Service Agreement (as defined in the CAISO Tariff), deliveries shall be measured by reference to Seller’s check-meters, if any are installed and registering accurately, or the meter readings for the period of inaccuracy shall be adjusted as far as can be reasonably ascertained by Seller from the best available data, subject to review and approval by Buyer. If the period of the inaccuracy cannot be ascertained reasonably, any such adjustment shall be for a period equal to one-half of the time elapsed since the preceding test by applying the percentage of inaccuracy so found. Seller shall promptly cause such electric meters to be corrected and, where such inaccuracy was determined pursuant to a test required by Buyer, Seller shall bear the expense of any such test.
Inaccurate Meters. In the event adjustments to an invoice are required as a result of corrected measurements made with respect to inaccurate meters as described in Article 13.2, the Parties shall use the method of correcting measurements described in Article 13.2 to recompute the amounts due from or to GPA for the Net Energy Output and, in the event of corrected measurements made in respect of any Dependable Capacity Test, the Dependable Capacity sold under this Agreement during the period of inaccuracy. If the total amount, as recomputed, due from a Party for the period of one inaccuracy varies from the total amount due as previously computed, and payment of the previously computed amount has been made, then, following agreement by the Parties on the amount due as a result of the recomputation, Project Company shall promptly issue an adjusted billing statement. The owing Party shall pay any amount owed as shown on such billing statement within thirty (30) Days of the issuance of the adjusted billing statement.
Inaccurate Meters. If a meter is out of service or registering inaccurately, the volumes of Gas delivered shall be estimated:
a. by using the registration of the check meter or meters of Seller, if installed, and accurately registering, or in the absence of (a),
b. by correcting the error if the percentage of error is ascertainable by calibration, test or mathematical calculations, or in the absence of both (a) and (b), then,
c. by estimating the quantity of deliveries based on deliveries during comparable periods under similar conditions when the meter was registering accurately.
Inaccurate Meters. If a Producer-installed metering device fails to register, or if the measurement made by such device is found upon testing to be inaccurate by more than 2% at the design calibration point, an adjustment will be made correcting all measurements made by such metering device for billing purposes for both the amount of the inaccuracy and the period of inaccuracy. If such period is not ascertainable, the previous records will be corrected back one-half of the time elapsed since the date of the last test. If the amount of the inaccuracy cannot be ascertained, the Project Energy delivered during such period will be determined on the basis of the best data available, using the following order of priority:
(a) the Utility's back-up meters, if installed and accurately registering;
(b) by correcting the error if the percentage is ascertainable by calibration, tests or mathematical calculation after the instrumentation is returned to service; or
(c) by estimating the Project Energy delivered based on deliveries during previous or subsequent periods under similar conditions when the instrumentation was or is operating accurately.
Inaccurate Meters. In the event adjustments to an Invoice are required as a result of corrected measurements made with respect to inaccurate meters, the Parties shall use the corrected measurements described in Article 12.4 of this Agreement to recompute the amounts due from or to EVN for the Net Energy Output and the Dependable Capacity sold under this Agreement during the period of inaccuracy. If the total amount, as recomputed, due from a Party for the period of one inaccuracy varies from the total amount due as previously computed, and payment of the previously computed amount has been made, then, following agreement by the Parties on the amount due as a result of recomputation, the BOT Company shall promptly issue an adjusted Invoice. The owing Party shall pay such amount within thirty (30) Days of the issuance of the adjusted Invoice plus interest at the prime lending rate prevailing in Vietnam as announced by the Bank from time to time (for Dong obligations) or the LIBOR (for all other obligations) for each Day from the original due date until the date on which payment is made.
