Template:GTMA Master Agreement 2004 Force Majeure Definition

"Force Majeure” means any event or circumstance beyond the reasonable control of a Party, acting and having acted as a Reasonable and Prudent Operator, which, in respect of a Settlement Period, prevents:

(a) an ECV Notification from being submitted to the ECV Aggregation Agent; or

(b) the aggregate Settlement Period Volumes from being received or taken into account by the Settlement Administration Agent in determining the Account Energy Imbalance Volume for the relevant Energy Account of that Party for that Settlement Period;