Common use of Buyer Remedies Clause in Contracts

Buyer Remedies. If Seller has accrued an aggregate amount of (i) Performance Liquidated Damages in an amount equal to the Performance Liquidated Damages Cap, (ii) Performance Delay Liquidated Damages in an amount equal to the Performance Delay Liquidated Damages Cap or Aggregate Performance Delay Liquidated Damages Cap, as applicable, or (iii) Liquidated Damages in an amount equal to the Liquidated Damages Cap, then Buyer may by notice to Seller, at Buyer’s sole discretion, either: (a) [***] (b) [***]

Appears in 7 contracts

Samples: Purchase Order Contract (Venture Global, Inc.), Purchase Order Contract (Venture Global, Inc.), Purchase Order Contract (Venture Global, Inc.)

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Buyer Remedies. If Seller has accrued an aggregate amount of (i) Performance Liquidated Damages in an amount equal to the Performance Liquidated Damages Cap, (ii) Performance Delay Liquidated Damages in an amount equal to the Performance Delay Liquidated Damages Cap or Aggregate Performance Delay Liquidated Damages Cap, as applicable, or (iii) Liquidated Damages in an amount equal to the Liquidated Damages Cap, then Buyer may by notice to Seller, at Buyer’s sole discretion, either: (a) [***] (b) [***].

Appears in 3 contracts

Samples: Purchase Order Contract (Venture Global, Inc.), Purchase Order Contract (Venture Global, Inc.), Purchase Order Contract (Venture Global, Inc.)

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