Common use of Interruption Without Notice Clause in Contracts

Interruption Without Notice. Should an interruption occur without the notice herein required, the interrupting Party shall be liable for and pay all associated penalties and cashout costs and losses charged by either Transporter, if any; further, if the subject Gas is transported by an Intrastate Transporter, the interrupting Party shall also pay the non-interrupting Party an amount equal to $0.05 multiplied by one-half of the DCQ.

Appears in 7 contracts

Samples: Master Spot Purchase/Sale Agreement, Master Natural Gas Purchase/Sale Agreement, Master Spot Purchase/Sale Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!