Common use of Shortfall Gas Clause in Contracts

Shortfall Gas. Shortfall Gas is any quantity of Natural Gas not made available by SELLER at Delivery Point(s) in respect of any Day of Delivery Period for reasons other than Force Majeure and/or Agreed Repairs. Such Shortfall Gas shall be determined by adding up the daily underdeliveries which occurred under this GSFA during the Month of Delivery concerned, calculated as the difference (if positive) between:

Appears in 2 contracts

Samples: Sales Framework Agreement, Sales Framework Agreement

AutoNDA by SimpleDocs

Shortfall Gas. Shortfall Gas is any quantity of Natural Gas not made available by SELLER at Delivery Point(s) Point in respect of any Day of Delivery Period for reasons other than Force Majeure and/or Agreed RepairsMajeure. Such Shortfall Gas shall be determined by adding up the daily underdeliveries which occurred under this GSFA GSA during the Month of Delivery Period concerned, calculated as the difference (if positive) between:

Appears in 2 contracts

Samples: Sales Agreement, Sales Agreement

Shortfall Gas. Shortfall Gas is any quantity of Natural Gas not made available by SELLER at Delivery Point(s) Point in respect of any Day of Delivery Period for reasons other than Force Majeure and/or Agreed Repairs. Such Shortfall Gas shall be determined by adding up the daily underdeliveries which occurred under this GSFA GSA during the Month of Delivery Period concerned, calculated as the difference (if positive) between:

Appears in 1 contract

Samples: Sales Agreement

AutoNDA by SimpleDocs

Shortfall Gas. 5.2.1 Shortfall Gas is any quantity of Natural Gas not made available by the SELLER at Delivery Point(s) in respect of any Day of Delivery Period during a Month for reasons other than Force Majeure and/or Agreed RepairsMajeure. Such Shortfall Gas shall be determined by adding up the daily underdeliveries under deliveries which occurred under this GSFA GSA during the Month of Delivery concerned, calculated as the difference (if positive) between:

Appears in 1 contract

Samples: Gas Sales Agreement

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