Common use of Damages Upon Termination by Default Clause in Contracts

Damages Upon Termination by Default. Upon a termination of this Agreement by the Non-Defaulting Party as a result of a Default Event by the Defaulting Party, the Defaulting Party shall pay a Termination Payment to the Non-Defaulting Party determined as follows (the “Termination Payment”):

Appears in 21 contracts

Samples: Solar Power Purchase Agreement, Solar Equipment Lease Agreement, Solar Equipment Lease Agreement

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Damages Upon Termination by Default. Upon a termination of this Agreement by the Non-Non- Defaulting Party as a result of a Default Event by the Defaulting Party, the Defaulting Party shall pay a Termination Payment to the Non-Defaulting Party determined as follows (the “Termination Payment”):

Appears in 3 contracts

Samples: Community Distributed Generation Credit Purchase Agreement, Performance Guarantee Agreement (Ppa), Solar Power Purchase Agreement

Damages Upon Termination by Default. Upon a termination of this Agreement by the Non-Defaulting Party as a result of a Default Event by the Defaulting Partypursuant to Section 11(b)(ii), the Defaulting Party shall pay a Termination Payment termination payment to the Non-Defaulting Party determined as follows (the “Termination Payment”):

Appears in 2 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement

Damages Upon Termination by Default. Upon a termination of this Agreement by the Non-Defaulting Non‐Defaulting Party as a result of a Default Event by the Defaulting Party, the Defaulting Party shall pay a Termination Payment to the Non-Non‐ Defaulting Party determined as follows (the “Termination Payment”):

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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Damages Upon Termination by Default. Upon a termination of this Agreement by the Non-Defaulting Party as a result of a Default Event by the Defaulting Party, the Defaulting Party shall pay a Termination Payment to the Non-Non- Defaulting Party determined as follows (the “Termination Payment”):

Appears in 1 contract

Samples: Solar Services Agreement

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