Over Acceptance. If in respect of an hour and/or a Day the Delivered Quantity exceeds the Contract Quantity by reason of the Buyer’s Default, the Buyer shall pay to the Seller as compensation for its resulting losses (if any) an amount (if positive) equal to: (a) the Seller’s Balancing Charges; minus (b) the product of the absolute value of the Default Quantity and the Contract Price.”
Appears in 6 contracts
Samples: Logistic Swap Agreement, Logistic Swap Agreement, Logistic Swap Agreement
