Common use of Pro Rata Reduction Clause in Contracts

Pro Rata Reduction. If, during a Month, Seller is unable to deliver all or a portion of the total quantity of Ethylene that Seller is obligated to deliver to all of Seller’s term contracts (including this Agreement) during such Month, Seller shall be entitled to allocate to Buyer a quantity of Ethylene no less than Buyer’s pro rata share of such total quantity during such Month.

Appears in 3 contracts

Sources: Ethylene Sales Agreement, Ethylene Sales Agreement (Westlake Chemical Partners LP), Ethylene Sales Agreement (Westlake Chemical Partners LP)