Delivery Shortfall definition

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

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

• 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.

• 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 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.

• Each Party agrees and acknowledges that (i) the damages that Xxxxx 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 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 3.1.4.

Delivery Shortfall has the meaning set forth in Section 3.4 of this Contract.

Delivery Shortfall means the difference between the minimum consumption less the total delivered volume for the supply period; “demand side response” (DSR) is where in the unlikely event of the UK gas system being unable to balance due to a critical loss of supply, a National Executive Committee as delegated by National Grid will take steps to bring the UK gas system into balance which may involve the involuntary temporary discontinuation of commercially firm consumers’ gas supplies.

Delivery Shortfall. If the Vendor is unable to supply the volume set forth in any current Forward Supply Plan in any month the Purchaser may, at its option, purchase sawlogs from an alternative supplier to make up the shortfall. The Vendor will compensate the Purchaser for any loss arising as the result of a delivery shortfall in accordance with statutory and common law rights and remedies.

Delivery Shortfall has the meaning under clause 20.1. Dispute has the meaning given to that term in clause 23.2. Dispute Notice has the meaning given to that term in clause 23.2. Economically Deliverable Reserves means the level of 1P Reserves within the Gas Production Area identified as deliverable during each Contract Year in