Examples of Buyer's Default in a sentence
The "Buyer's Default Top-up" is an amount calculated against the possibility of a negative System Marginal Sell Price (SMP Sell), as defined by National Grid in the Network Code.
The "Buyer's Default Top-up" is an amount calculated against the possibility of costs or charges arising from the balancing regime under the NCG Rules.
The "Buyer's Default Top-up" is calculated by reference to System Sell Price (SSP), as defined by the BSC.
Buyer's Security is calculated by reference to the relevant Market Delivery Settlement Price (EDSP) plus a "Buyer's Default Top-up".
Seller's Security and Buyer's Default Top up Note: in the event of a failed delivery, the Clearing House may retain Buyer's Security and/or Seller's Security.
The "Buyer's Default Top-up" is an amount calculated against the possibility of costs or charges arising from the balancing regime under the GASPOOL Rules.
Buyer's Security Buyer's Security is calculated by reference to the relevant MDSP plus a "Buyer's Default Top-up".
If, for any reason for which the Seller is not responsible, the Buyer fails to receive delivery within such period, the Seller may, by written notice to the Buyer, terminate the Contract in respect of that part of the Product which is ready for delivery but has not been delivered due to the Buyer's Default.
Seller's Security and Buyer's Default Top upNote: in the event of a failed delivery, the Clearing House may retain Buyer's Security and/or Seller's Security.
Buyer's Security is calculated by reference to the relevant Market Delivery Settlement Price (MDSP) plus a "Buyer's Default Top-up".