Common use of Compensation for Damages Clause in Contracts

Compensation for Damages. a) The violating party shall be obliged to pay compensation for damages caused by its breaches to the affected party. The compensation shall cover the values of actual/direct damages to the affected party as caused by the violating party as well as potential direct benefits for the affected party in case of no breaches;

Appears in 5 contracts

Samples: Standardized Power Purchase Agreement, Standardized Power Purchase Agreement, Standardized Power Purchase Agreement

AutoNDA by SimpleDocs

Compensation for Damages. a) The violating party shall be obliged to pay compensation for damages caused by its breaches to the affected party. The compensation shall cover the values of actual/direct damages to the affected party as caused by the violating party as well as potential direct benefits for the affected party in case of no breaches;.

Appears in 2 contracts

Samples: Standardized Power Purchase Agreement, Standardized Power Purchase Agreement

Compensation for Damages. a) a. The Party violating party the Agreement shall be obliged to pay the compensation for damages caused by its breaches violation activities to the affected aggrieved party. The compensation shall cover Compensation value includes the values value of actual/, direct damages to the affected party as caused losses by the violating party as well as potential but born by the aggrieved party and direct benefits for that the affected aggrieved party in case of should be entitled to if there are no breachesviolations;

Appears in 1 contract

Samples: Standardized Power Purchase Agreement

AutoNDA by SimpleDocs

Compensation for Damages. a) The party violating party the Agreement shall be obliged to pay compensation for damages caused by its breaches violation activities to the affected aggrieved party. The compensation shall cover Compensation value includes the values value of actual/, direct damages to the affected party as caused losses by the violating party as well as potential but born by the aggrieved party and direct benefits for that the affected aggrieved party in case of should be entitled to if there are no breaches;violations.

Appears in 1 contract

Samples: Power Purchase Agreement for Electricity Sale and Purchase

Time is Money Join Law Insider Premium to draft better contracts faster.