Lost Production definition
Examples of Lost Production in a sentence
Seller shall provide to Buyer relevant data and supporting documentation so that Buyer can verify the calculation of Lost Production.
Seller is not entitled to compensation for Lost Production if Energy is curtailed due to any reason that qualifies as an Uncompensated Curtailment.
Your completed application must be sent to the USDA Citrus Canker Eradication Program, Attn: Lost Production Pay- ments Program, c/o Division of Plant Industry, 3027 Lake Alfred Road, Win- ter Haven, FL 33881.
Lost Production must be calculated using data from the SCADA System and based on actual measurements during the applicable time as recorded by the Plant’s measurement instrumentation.
In the event the delivery of energy is curtailed due to a reason that qualifies as a Compensated Curtailment, and such curtailment results in Lost Production, Seller shall be entitled to Lost Production Damages on a monthly basis as its sole and exclusive remedy and Buyer’s sole and exclusive liability.