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Common use of Imbalance Clause in Contracts

Imbalance. the difference between the delivered quantities and the Redelivered quantities at the end of the Product replacement (in metric ton in air).

Appears in 3 contracts

Sources: Framework Agreement, Product Replacement Framework Contract, Framework Agreement for Product Replacement

Related Clauses

  • Imbalances
  • Gas Imbalances
  • Volumes
  • Delivery Point
  • Balancing

Parent Clauses

  • Calls for Tenders for Specific Markets
  • Procedure
  • DEFINITIONS
  • Representations and Warranties of Earthstone
  • Representations and Warranties of Magellan

Sub-Clauses

  • Charges for Imbalances
  • Cumulative Imbalance
  • Shipper's Obligation to balance
  • Settlement
  • Elimination of Cumulative Imbalances
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