ferc out clause

FERC-out clause. Oil & gas. A provision in a contract to sell natural gas specifying that if a regulatory agency does not allow the price paid to the producer to be passed on to consumers, either the contract price will be reduced accordingly or the contract will be terminated. — Also termed regulatory-out clause.

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词条贡献者

资深译员Dan，毕业于美国顶尖的高级翻译学院，专注翻译各种与消费者集团诉讼有关的法律文件。