Examples of Shortfall Quantity in a sentence
Disposal of any part rake quantity that is left with the contractor at the end of the contract will be decided mutually and in case, it is not possible to return the same to NPL, recovery at the rate 2 x (Notified Base Price of coal including applicable taxes, royalties, cess on ROM Coal x Shortfall Quantity will be made.
Shortfall Quantity = Lifted quantity (X) less delivered quantity adjusted for TM% (Y).
The Shipper shall be liable for payment of Transmission Charges and Transporter shall not be liable for any Shortfall Quantity for such period of suspension.
Buyer shall pay Seller an amount equal to the Cargo Shortfall Quantity, multiplied by the CSP (the “Cargo Shortfall Payment”).
Recovery of Coal value for the Coal shortfall quantity for the entire quantity of the issued DO(s) shall be computed at the time of final settlement of the Contract as per the following table: Shortfall Quantity = Total Lifted quantity (X) less Total Payable Quantity (as per S No. 14.2) at NPL (Y) If X-Y is positive, then a recovery shall be computed as follows: Shortfall Qty (MT)* 4000 MT will be considered as one Rake quantityThis shall not come under capping and recoverable at actual.