Common use of Delay in Commercial Operations Clause in Contracts

Delay in Commercial Operations. If the Commercial Operations Date has not occurred by the Required Commercial Operations Date (as such date may have been extended as a consequence of a Force Majeure Event), the Company shall pay BPDB, Monthly in arrears until the Commercial Operations Date, as liquidated damages for delays in Commissioning of the Facility, an amount equal to the product of (a) $100.00 and (b) the Contracted Facility Capacity in MW for each Day (or any fraction thereof) of delay of the Commercial Operations Date beyond the Required Commercial Operations Date. In no event shall the total amount of damages assessed under this Section 8.1 exceed twelve (12) Months of liquidated delay damages.

Delay in Commercial Operations. If the Commercial Operations Date has not occurred by the Required Commercial Operations Date (as such date may have been extended as a consequence of a Force Majeure EventEvent in accordance with the terms of this Agreement and Implementation Agreement), the Company shall pay BPDB, Monthly in arrears until the Commercial Operations Date, as liquidated damages for delays in Commissioning of the Facility, an amount equal to the product of (a) $100.00 50.00 and (b) the Contracted Facility Capacity in MW for each Day (or any fraction thereof) of delay of the Commercial Operations Date beyond the Required Commercial Operations Date. In no event shall the total amount of damages assessed under this Section 8.1 exceed twelve (12) Months of liquidated delay damages.

Delay in Commercial Operations. If the Commercial Operations Date has not occurred by the Required Commercial Operations Date (as such date may have been extended as a consequence of a Force Majeure Event or a Political Event), the Company shall pay BPDB, Monthly in arrears until the Commercial Operations Date, as liquidated damages for delays in Commissioning of the Facility, an amount equal to the product of (a) $100.00 and (b) the Contracted Facility Capacity in MW for each Day (or any fraction thereof) of delay of the Commercial Operations Date beyond the Required Commercial Operations Date. In no event shall the total amount of damages assessed under this Section 8.1 exceed twelve (12) Months of liquidated delay damages.

Delay in Commercial Operations. If the Commercial Operations Date has not occurred by the Required Commercial Operations Date (as such date may have been extended as a consequence of a Force Majeure Event), the Company shall pay BPDBthe Off-Taker, Monthly in arrears until the Commercial Operations Date, as liquidated damages for delays in Commissioning of the Facility, an amount equal to the product of (a) $100.00 $ 50.00 and (b) the Contracted Facility Electricity Equivalent Capacity in MW for each Day (or any fraction thereof) of delay of the Commercial Operations Date beyond the Required Commercial Operations Date. In no event shall the total amount of damages assessed under this Section 8.1 exceed twelve (12) Months of liquidated delay damages.