Disruption Fallbacks. The following Market Disruption Fallbacks in Section 7.5(c) of the Commodity Definitions shall apply, in the following order, except as otherwise specifically provided in any Confirmation: (A) Postponement (with Maximum Days of Disruption equal to three Commodity Business Days); (B) Fallback Reference Price (if the parties have specified an alternate Commodity Reference Price in a Confirmation); (C) Negotiated Fallback; and (D) Fallback Reference Dealers.
Appears in 2 contracts
Sources: Transaction Confirmation (Txu Corp /Tx/), Transaction Confirmation (Txu Corp /Tx/)
Disruption Fallbacks. The following Market Disruption Fallbacks in Section 7.5(c) of the Commodity Definitions shall apply, in the following order, except as otherwise specifically provided in any Confirmation:
(A) Postponement (with Maximum Days of Disruption equal to three Commodity Business Days);
(B) Fallback Reference Price (if the parties have specified an alternate Commodity Reference Price in a Confirmation);
(C) Negotiated Fallback; and
(D) Fallback Reference Dealers.
Appears in 1 contract
Disruption Fallbacks. The following Market Disruption Fallbacks in Section 7.5(c) of the Commodity Definitions shall apply, in the following order, except as otherwise specifically provided in this Confirmation or any Other Confirmation:
(A) Postponement (with Maximum Days of Disruption equal to three Commodity Business Days);
(B) Fallback Reference Price (if the parties have specified an alternate Commodity Reference Price in a this Confirmation or any Other Confirmation);
(C) Negotiated Fallback; and
(D) Fallback Reference Dealers.
Appears in 1 contract