Under Delivery definition

Under Delivery means the delivery to the Transportation System by a Shipper of a quantity of Natural Gas on a Day that is less than the Shipper's Nominated Quantity on the Day;

Under Delivery occurs where Actual Delivery is less than Deal Delivery and Under Delivered shall be construed accordingly;

Under Delivery means an imbalance created when a Xxxxxx’x deliveries of Gas to Customers out of its Pool exceed the quantities of Gas delivered by Xxxxxx into the Pool during a Gas Day. Any capitalized terms used herein, which are not defined herein, shall have the meanings set forth in the Service Regulations.

Examples of Under Delivery in a sentence

• Where Under Delivery Compensation is due in accordance with clause 20.1 the Buyer shall also be liable to pay to Channel 4 forthwith the cost of the Audit Report.

• Channel 4 has the right to appoint a firm of auditors (the “Auditors”) to audit the Records and produce a report (the “Audit Report”) in order to establish whether or not the Buyer has complied or will comply with the Agreement and, in particular, the Buyer Commitment (and any obligation in relation to Under Delivery Compensation) at any time during the course of the Agreement and after the Agreement has expired.

• In the event that the Buyer fails to comply with its Buyer Commitment obligations and such failure is evidenced in the Audit Report, Channel 4 reserves its right to require the Buyer to pay to Channel 4 forthwith (together with any applicable VAT) the amount of any Under Delivery (as identified in the Audit Report) (the “Under Delivery Compensation”).

• Under Delivery Preferences chose “Statement by mail.” Then click “I agree to the terms of the agreement” followed by the “Submit” button.

• The transfer of storage method adds Over Delivery to or withdraws Under Delivery from Storage, respectively.

More Definitions of Under Delivery

Under Delivery means the Gross Expenditure money value calculated by the auditors as being the amount by which the Broadcast Share, Volume or other Client Commitment actually delivered to Sky across the Agreement is less than the Broadcast Share, Volume or other Client Commitment expressly set out in the Deal Agreement;

Under Delivery means the Supplier has not met the Performance Guarantee for a cost equal to or less than the Pricing Guarantee (excluding any ‘package’ discounts achieved through partnerships, sponsorships or similar) for that Performance Guarantee for a particular channel in any Pricing Year;

Under Delivery means Under Supply caused by the Supplier's failure to Deliver Contract Coal [and/or Qualifying Alternative Coal] for any reason other than force majeure;

Under Delivery means the delivery to a client of a volume below that declared in corresponding documentation or the issuance by a fuel measurement system of quantities that are below the corresponding amounts as determined by a standard measurement practice.

Under Delivery means that deliveries on behalf of Shipper are less than the Shipper’s Actual Throughput as determined from daily meter readings at Shipper’s Facility.

Under Delivery shall have the meaning given to that term in Section 6.3.

Under Delivery means an imbalance created when a Pooler’s deliveries of Gas to Customers out of its Pool exceed the quantities of Gas delivered by Pooler into the Pool during a Gas Day.