Examples of Deficiency Quantity in a sentence
In the event of a Seller's Deficiency Default, Seller shall pay Buyer the sum of the following: (i) an amount equal to the product of the Seller's Deficiency Quantity multiplied by the Replacement Price Differential, plus (ii) liquidated damages equal to $0.15 multiplied by Seller's Deficiency Quantity to cover Buyer's administrative and operational costs.
In the event of a Buyer's Deficiency Default, Buyer shall pay Seller the sum of the following: (i) an amount equal to the product of Buyer's Deficiency Quantity multiplied by the Replacement Price Differential, plus (ii) liquidated damages equal to $0.15 multiplied by Buyer's Deficiency Quantity to cover Seller's administrative and operational costs.
If on any Gas Day Seller fails to Schedule Buyer's Requested Quantity, then such occurrence shall constitute a "Seller's Deficiency Default" and "Seller's Deficiency Quantity" shall be the numerical difference between Buyer's Requested Quantity and the amount of Gas Scheduled for such Gas Day.
If on any Gas Day Buyer fails to Schedule the DCQ, then such occurrence shall constitute a "Buyer's Deficiency Default" and "Buyer's Deficiency Quantity" shall be the numerical difference between the DCQ and the quantity of Gas Scheduled for such Gas Day.
If on any Gas Day Seller fails to Schedule the DCQ, then such occurrence shall constitute a "Seller's Deficiency Default" and "Seller's Deficiency Quantity" shall be the numerical difference between the DCQ and the quantity of Gas Scheduled for such Gas Day.
The EDAM RSE Downward Insufficiency Charge will be calculated as the product of (a) the EDAM RSE Hourly Downward RSE Deficiency Quantity and (b) the Marginal Energy Cost of that Balancing Authority Area.
The Deficiency Quantity shall be calculated without regard to the Cargo Tolerance.
Where the Purchaser defaults in its acceptance obligation as aforesaid, the Seller shall use all reasonable efforts to maximize the Replacement Value of any Deficiency Quantity and the Seller shall prepare and deliver to the Purchaser, within five Business Days after the end of the applicable Delivery Month, a certificate setting out the calculation of the Replacement Value accompanied by reasonably available back-up documentation therefor.
If, as a result of an NSP billing adjustment, the quantity of Delivered Energy is decreased (the “Electricity Deficiency Quantity”) and NSP reduces the amount of Bill Credits allocated to Subscriber for such period, Operator will reimburse Subscriber for the amount paid by Subscriber in consideration for the Electricity Deficiency Quantity.
As a theory of crime, SAT tries to explain why people knowingly break moral rules formalised in law; it does not seek to explain whether the rules being broken are legitimate or morally justified (that is, whether the rules being broken are or should be norms).