Common use of Less Than Planned Clause in Contracts

Less Than Planned. If the July 31 actual elevation in a new reservoir is less than in the LDR, the Coordinating Group shall reduce the FELCC of each affected Party by the energy equivalent of the reduced storage. The Coordinating Group shall reduce the FELCC for each affected Party between the beginning of the Critical Period and March 31 of the current Operating Year in those Periods designated by each such Party.

Appears in 3 contracts

Sources: Coordination Agreement, Coordination Agreement, Coordination Agreement