Common use of Shortfall Gas Clause in Contracts

Shortfall Gas. If for any reason other than Force Majeure, the SELLER makes available to the BUYER at the Delivery Point in respect of any Day within the Delivery Period a quantity of Natural Gas which is less than the delivery obligation according to the Article 4.1 (DCQ), then a quantity equal to the difference between the delivery obligation (DCQ) and the quantity actually delivered at the Delivery Point shall be categorized as a Shortfall Gas.

Appears in 2 contracts

Sources: Gas Sales Agreement, Gas Sales Agreement