Level of Delivery. Level of Delivery with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Delivery (LD) = (DQ+DDQ+FM+RF) X 100 Where: LD = Level of Delivery of Coal by the Seller during the Year. DQ = Delivered Quantity, namely, aggregate actual quantities of Coal delivered by the Seller during the Year DDQ = Deemed Delivered Quantity, reckoned in the manner stated in Clause 3.11 FM = Proportionate quantity of Coal which could not be delivered by the Seller in a Year due to occurrence of Force Majeure event affecting the Seller and / or the Purchaser, calculated as under: FM = ACQ x Number of days lost under applicable Force Majeure event 365 Note: For the purpose of calculation of ‘Number of days lost under applicable Force Majeure event’, affecting both the Parties shall be counted only once. RF = Quantity of Coal that could not be supplied by the Seller during the Year owing to the Railways not allotting wagons or not placing wagons for loading, in spite of specific valid indent/offer submitted by the Seller to the Railways against valid program(s) submitted by the Purchaser for the purpose.
Level of Delivery. (LD)/ Level of Lifting (LL):
Level of Delivery. Level of Delivery with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Delivery (LD) = (DQ+DDQ+FM) x 100 ACQ Where:
Level of Delivery. Level of Delivery with respect to a Year shall be calculated in the form of percentage as per the following formula: Level of Delivery (LD) = Σ (DQ+DDQ+FM+RF) X 100 Σ (SQ ± VQ) Where: SQ = The Monthly Scheduled Quantity, in Tonnes, for such month; VQ = Increase / decrease over or under the Monthly Scheduled Quantity for such month pursuant to Clause – 3.5.2 and 3.5.3 for such month(s), expressed in Tonnes. LD = Level of Delivery of Coal by the Seller for the year. DQ = Delivered Quantity, namely, aggregate actual quantities of Coal delivered by the Seller during the Month. DDQ = Deemed Delivered Quantity, reckoned in the manner stated in Clause 3.10 FM = Proportionate quantity of Coal which could not be delivered by the Seller in a Month due to occurrence of Force Majeure event affecting the Seller and / or the Purchaser, calculated as under: FM = (SQ ± VQ) x Number of days lost under applicable Force Majeure event Total Days in the corresponding Month Note: For the purpose of calculation of ‘Number of days lost under applicable Force Majeure event’, affecting both the Parties shall be counted only once. RF = Quantity of Coal that could not be supplied by the Seller during the month owing to the Railways not allotting wagons or not placing wagons for loading, in spite of specific valid indent/offer submitted by the Seller to the Railways against valid program(s) submitted by the Purchaser for the purpose.
