Common use of Failed Deliveries Clause in Contracts

Failed Deliveries. kWh * Delivery Failure Cost * 1 MWh / 1000 kWh, plus any other costs of the Clearing House as applicable Where kWh = the number of kilowatt hours delivered. Delivery Failure Cost = the costs of the Clearing House by kWh incurred from GRTgaz in accordance with the GRTgaz Rules in respect of any failure by a Clearing Member to correctly make a delivery.

Appears in 2 contracts

Samples: www.cftc.gov, www.ice.com

AutoNDA by SimpleDocs

Failed Deliveries. kWh * Delivery Failure Cost * 1 MWh / 1000 kWh, plus any other costs of the Clearing House as applicable Where kWh = the number of kilowatt hours delivered. Delivery Failure Cost = the costs of the Clearing House by kWh incurred from GRTgaz GRTGaz in accordance with the GRTgaz Rules in respect of any failure by a Clearing Member to correctly make a delivery.

Appears in 2 contracts

Samples: www.cftc.gov, www.ice.com

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.