Common use of Replacement Gas Clause in Contracts

Replacement Gas. (a) In this clause: (i) LG Period means a period of time over which an LG Quantity is calculated, being a period of not less than 12 Calendar Months; (ii) LG Quantity means the Quantity of Gas that is calculated as follows: (A) the aggregate of the measured Quantities of Gas received into the Network at all Receipt Points; less (B) the aggregate of measured Quantities of Gas Delivered on behalf of all Network Users to Delivery Points; less (C) any increase (or plus any decrease) in linepack in the Network (as determined by JGN, acting reasonably), over an LG Period, as calculated at least 6 Calendar Months after the end of that LG Period; (b) Not used

Replacement Gas. (a) In this clause: (i) LG Period means a period of time over which an LG Quantity is calculated, calculated being a period of not less than 12 Calendar Months; (ii) LG Quantity means the Quantity of Gas that is calculated as follows: (A) the aggregate of the measured Quantities of Gas received into the Network at all Receipt Points; less (B) the aggregate of the measured Quantities of Gas Delivered on behalf of all Network Users to Delivery Points; less (C) any increase (or plus any decrease) in linepack in the Network (as determined by JGN, Evoenergy acting reasonably), over an LG Period, as calculated at least 6 Calendar Months after the end of that LG Period; . (b) Not used.