Common use of Regulation of Power Supply would be on pro-rata Clause in Contracts

Regulation of Power Supply would be on pro-rata. basis i.e., in the ratio of amount due and unpaid to total amount due against the relevant Monthly Xxxx. In case of shortfall in amount of LC available, the right to regulate shall be in the ratio of shortfall in LC maintained /available to the total amount of LC required.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Sale Agreement

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Regulation of Power Supply would be on pro-rata. basis i.e., in the ratio of amount due and unpaid to total amount due against the relevant Monthly XxxxBill. In case of shortfall in amount of LC available, the right to regulate shall be in the ratio of shortfall in LC maintained /available to the total amount of LC required.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement (Ppa)

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