Common use of Availability Liquidated Damages Clause in Contracts

Availability Liquidated Damages. If the Actual Availability is less than the Guaranteed Availability, then Owner shall owe CHGE liquidated damages equal to: ((Guaranteed Availability) - (Actual Availability)) x (Contract Capacity) x ($[4,829]/MW 2) For example: (98.0% - 96.5%) x (5.0 MW) x ($[4,829]/MW 3) = $36,217.50 4

Availability Liquidated Damages. If the Actual Availability is less than the Guaranteed Availability, then Owner shall owe CHGE liquidated damages equal to: ((Guaranteed Availability) - (Actual Availability)) x (Contract Capacity) x (U.S. $[4,829]/MW 2) For example: (98.096.0% - 96.594.5%) x (5.0 MW) x (U.S. $[4,829]/MW 3) = U.S. $36,217.50 44 Capacity.

Availability Liquidated Damages. If the Actual Availability is less than the Guaranteed Availability, then Owner shall owe CHGE liquidated damages equal to: ((Guaranteed Availability) - (Actual Availability)) x (Contract Capacity) x (U.S. $[4,829]/MW 2) For example: (98.096.0% - 96.594.5%) x (5.0 10.0 MW) x (U.S. $[4,829]/MW 3) = U.S. $36,217.50 472,435 4 Capacity.