Compensation for short delivery/lifting. 4.5.1 If for a Year, the Level of Delivery by the Seller, or the Level of Lifting by the Purchaser falls below 100% with respect to that Year, the defaulting Party shall be liable to pay compensation to the other Party for such shortfall in the Level of Delivery or Level of Lifting, as the case may be, (“Failed Quantity”) in terms of the following:
Appears in 2 contracts
Sources: Coal Supply Agreement, Coal Supply Agreement