Common use of Default Damages Clause in Contracts

Default Damages. Upon a Host Event of Default, Provider may require Host to pay to Provider the Early Termination Amount. After Provider’s receipt of such Early Termination Amount pursuant to this Section 20(b), Provider shall collect no additional damages resulting from lost revenues from sales of electricity from the Project, cause the Project to be disconnected, and remove the Project from the Site. Provider may continue to operate the Project at the Site, sell electricity produced by the Project to persons other than Host, and recover from Host any loss in revenues resulting from such sales; and/or pursue other remedies available at law or in equity. If necessary to sell electricity to persons other than Host, Host shall allow Provider to add a new meter dedicated to the solar Project, change the point of interconnection, and/or will support Provider with necessary approvals to change the Schedule Z.

Appears in 3 contracts

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

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Default Damages. Upon a Host Event of Default, Provider may require Host to pay to Provider the Early Termination Amount. After Provider’s receipt of such Early Termination Amount pursuant to this Section 20(b), Provider shall collect no additional damages resulting from lost revenues from sales of electricity from the Project, cause the Project to be disconnected, and remove the Project from the Site. Provider may continue to operate the Project at the Site, ; sell electricity produced by the Project to persons other than Host, and recover from Host any loss in revenues resulting from such sales; and/or pursue other remedies available at law or in equity. If necessary to sell electricity to persons other than Host, Host shall allow Provider to add a new meter dedicated to the solar Project, change the point of interconnection, and/or will support Provider with necessary approvals to change the Schedule Z.Z. After Provider’s receipt of such Early Termination Amount pursuant to this Section 20(b), Provider shall collect no additional damages resulting from lost revenues from sales of electricity from the Project.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement (Ppa)

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