Common use of Breach of Obligations/ Roles Clause in Contracts

Breach of Obligations/ Roles. The Parties acknowledge that a breach of any of the obligations/ roles contained herein would result in injuries. The Parties further acknowledge that the amount of the liquidated damages or the method of calculating the liquidated damages specified in this Agreement is a genuine and reasonable pre-estimate of the damages that may be suffered by the non-defaulting Party in each case specified under this Agreement

Appears in 19 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement, Transmission Service Agreement

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Breach of Obligations/ Roles. The Parties acknowledge that a breach of any of the obligations/ roles contained herein would result in injuries. The Parties further acknowledge that the amount of the liquidated damages or the method of calculating the liquidated damages specified in this Agreement is a genuine and reasonable pre-estimate of the damages that may be suffered by the non-defaulting Party in each case specified under this Agreement.

Appears in 14 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement, Transmission Service Agreement

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Breach of Obligations/ Roles. The Parties acknowledge that a breach of any of the obligations/ roles contained herein would result in injuries. The Parties further acknowledge that the amount of the liquidated damages or the method of calculating the liquidated damages specified in this Agreement is a genuine and reasonable pre-estimate of the damages that may be suffered by the non-defaulting Party in each case specified under this AgreementAgreement .

Appears in 6 contracts

Samples: Transmission Service Agreement, Transmission Service Agreement, Transmission Service Agreement

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