Line Losses Sample Clauses
The Line Losses clause defines how losses of electricity that occur during transmission and distribution are accounted for between the contracting parties. Typically, this clause specifies the method for calculating the amount of energy lost as it travels through power lines, and determines which party—such as the supplier or the purchaser—is responsible for bearing the cost of these losses. By clearly allocating responsibility for line losses, the clause ensures transparency in billing and prevents disputes over energy quantities delivered versus received.
Line Losses. The Seller will be responsible for all Line Losses, and all costs and liabilities relating to the transmission of Energy and other electricity, if applicable, on the Seller’s Side of the POI.
Line Losses. In addition to collection of the rates and charges provided for in Article I above, Company shall retain the applicable percentage provided pursuant to Company's Commission approved tariffs of the quantities received from Customer hereunder, for reimbursement in kind from Customer for shrinkage or line losses.