Contract Termination Damages. If Seller does not achieve Commercial Operation on or before the Guaranteed Commercial Operation Date, PGE shall have the right to terminate this Agreement upon ten (10) Days notice to Seller, and Seller shall pay to PGE, as liquidated damages, Contract Termination Damages equal to $200 per kW of Nameplate Capacity (the “Contract Termination Damages”) in addition to all Delay Damages paid or payable pursuant to Section 3.1.11.
Appears in 2 contracts
Samples: Wholesale Renewable Power Purchase Agreement, Wholesale Renewable Power Purchase Agreement
Contract Termination Damages. If Seller does not achieve Commercial Operation on or before the Guaranteed Commercial Operation Date, PGE shall have the right to terminate this Agreement upon ten (10) Days Days’ notice to Seller, and Seller shall pay to PGE, as liquidated damages, Contract Termination Damages equal to $200 per kW of Generating Facility Nameplate Capacity plus $200 per kW of Contract Storage Capacity (the “Contract Termination Damages”) in addition to all Delay Damages paid or payable pursuant to Section 3.1.11.3.1.15.
Appears in 2 contracts
Samples: Wholesale Renewable Power and Storage Capacity Purchase Agreement, Wholesale Renewable Power and Storage Capacity Purchase Agreement
Contract Termination Damages. If Seller does not achieve Commercial Operation on or before the Guaranteed Commercial Operation Date, PGE shall have the right to terminate this Agreement upon ten (10) Days notice to Seller, and Seller shall pay to PGE, as liquidated damages, Contract Termination Damages equal to to $200 per kW of Nameplate Capacity (the “Contract Termination Damages”) in addition to all Delay Damages paid or payable pursuant to Section 3.1.11.
Appears in 2 contracts
Samples: Wholesale Renewable Power Purchase Agreement, Wholesale Renewable Power Purchase Agreement
Contract Termination Damages. If Seller does not achieve Commercial Operation on or before the Guaranteed Commercial Operation Date, PGE shall have the right to terminate this Agreement upon ten (10) Days notice to Seller, and Seller shall pay to PGE, as liquidated damages, Contract Termination Damages equal to $200 per kW of Nameplate Capacity (the “Contract Termination Damages”) in addition to all Delay Damages paid or payable pursuant to Section 3.1.113.1.103.1.11.
Appears in 1 contract
Contract Termination Damages. If Seller does not achieve Commercial Operation on or before the Guaranteed Commercial Operation Date, PGE shall have the right to terminate this Agreement upon ten (10) Days Days’ notice to Seller, and Seller shall pay to PGE, as liquidated damages, Contract Termination Damages equal to [$200 200] per kW of Nameplate Capacity (the “Contract Termination Damages”) in addition to all Delay Damages paid or payable pursuant to Section 3.1.11.3.1.11.
Appears in 1 contract
Contract Termination Damages. If Seller does not achieve Commercial Operation on or before the Guaranteed Commercial Operation Date, PGE shall have the right to terminate this Agreement upon ten (10) Days Days’ notice to Seller, and Seller shall pay to PGE, as liquidated damages, Contract Termination Damages equal to $200 per kW of Generating Facility Nameplate Capacity plus $200 per kW of Contract Storage Capacity (the “Contract Termination Damages”) in addition to all Delay Damages paid or payable pursuant to Section 3.1.113.1.15.
Appears in 1 contract
Samples: Wholesale Renewable Power and Storage Capacity Purchase Agreement
