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

法律翻译Barbara，毕业于英国一流的高级翻译学院，专注翻译各类与艺术诉讼有关的法律文件。