Delivery Shortfall definition

Delivery Shortfall shall have the meaning set forth in Section 4.3 hereof.

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Delivery Shortfall means the difference between the minimum consumption less the total delivered volume for the supply period;

Delivery Shortfall means the difference between the minimum consumption less the total delivered volume for the supply period; “disconnect” means removing the supply to a meter (which may include the removal of a meter);

Examples of Delivery Shortfall in a sentence

Each Party agrees and acknowledges that (i) the damages that Buyer would incur due to a Delivery Shortfall would be difficult or impossible to predict with certainty, and (ii) it is impractical and difficult to assess actual damages in the circumstances stated, and therefore the Cover Damages as agreed to by the Parties and set forth herein is a fair and reasonable calculation of such damages.
In the event that Seller fails to satisfy any of its obligations to Deliver any of the Products hereunder in accordance with Section 4.1 and Section 4.2, and such failure is not excused under the express terms of this Agreement (a “Delivery Shortfall”), Seller shall pay Buyer an amount for such Delivery Shortfall equal to the Cover Damages.
In the event that Seller fails to satisfy any of its obligations to Deliver any of the Products hereunder in accordance with Section 4.1, and such failure is not excused under the express terms of this Agreement (a “Delivery Shortfall”), Seller shall pay Buyer an amount for such Delivery Shortfall equal to the Cover Damages.
For the avoidance of doubt, Buyer, in its sole discretion, may choose to withdraw Gas stored by it or on its behalf in CINGSA (or any other storage facility), up to the Delivery Shortfall Volume (“CINGSA Gas Substitution”), and in such circumstance Buyer may attempt to replace the Gas representing such CINGSA Gas Substitution via Cover.
In the event that Seller fails to Deliver the Products hereunder in accordance with Section 4.1, and such failure is not excused under the express terms of this Agreement (a “Delivery Shortfall”), Seller shall pay Buyer an amount for such Delivery Shortfall equal to the Cover Damages.

More Definitions of Delivery Shortfall

Delivery Shortfall means the amount (in MWh) for each hour, or shorter settlement interval as required by ISO-NE, by which the Scheduled Energy is less than the Metered Output, and where such shortfall is not excused under Section 4.2(a).

Delivery Shortfall. Shall have the meaning described in Section 4.09 of this Agreement.

Delivery Shortfall has the meaning set forth in Section 7.1.

Delivery Shortfall means the difference in grams, calculated at a given date of any year between (a) the total quantity of Bulk Product which Solvay is committed to supply before said given date according to the Delivery Schedule for such year, and (b) the total quantity of Bulk Product complying with the requirements of Article 8.2 delivered to Millennium during such year before said given date. A Delivery Shortfall shall be [**].

Delivery Shortfall means when, for any Day during the Delivery Period of a Transaction, the Daily Delivered Bitcoin with respect to such Transaction for such Day is less than the Daily Delivery Quota.

Delivery Shortfall means a failure to convert delivered PIUs into WCUs in line with the Indicative Verification Timeframes in Schedule D. Ecosystem Services are Effective Date means the date this Agreement comes into force as set out on the cover sheet of this Agreement.

Delivery Shortfall means the Daily Delivery Quota, on a transaction day, is less than the amount in the Forward Contract.