Delays in Commissioning the Facility. (a) Subject to the provisions of this Agreement if the Facility is not Commissioned on or before the Required Commercial Operations Date, then, the Company shall pay to JPS [AMOUNT IN WORDS to be determined by the OUR] Dollars ($[AMOUNT IN FIGURES]) (or the Jamaican Dollar equivalent) per MW for each Day or part thereof by which the Commissioning of the Facility is delayed beyond [COMMERCIAL OPERATION DATE]; provided that the cumulative amount of such payments shall not exceed [ AMOUNT IN WORDS to be determined by the OUR] Dollars ($[AMOUNT IN FIGURES]) (or the Jamaican Dollar equivalent). These payments shall be liquidated damages for the detrimental impact of such delay.
Delays in Commissioning the Facility. (a) Subject to the provisions of this Agreement if the Facility is not Commissioned on or before the Required Commercial Operations Date, then, the Company shall pay to GPL [AMOUNT IN WORDS] Dollars ($[AMOUNT IN FIGURES]) (or the Guyana Dollar equivalent at the prevailing exchange rate) per MW for each Day or part thereof by which the Commissioning of the Facility is delayed beyond [COMMERCIAL OPERATION DATE]; provided that the cumulative amount of such payments shall not exceed [ AMOUNT IN WORDS] Dollars ($[AMOUNT IN FIGURES]) (or the Guyana Dollar equivalent at the prevailing exchange rate). These payments shall be liquidated damages for the detrimental impact of such delay.
Delays in Commissioning the Facility. (a) If the Facility shall not have been Commissioned on or before the Required Commercial Operations Date, then, the Company shall pay to JPS Two Hundred and Fifty Dollars ($250.00) (or the Jamaican Dollar equivalent) per MW for each Day or part thereof by which the Commissioning of the Facility is delayed beyond [COMMERCIAL OPERATION DATE]; provided that the cumulative amount of such payments shall not exceed ten million Dollars ($10,000,000.00) (or the Jamaican Dollar equivalent). These payments shall be liquidated damages for the detrimental impact of such delay.
Delays in Commissioning the Facility. (a) Subject to the provisions of this Agreement if the Facility is not Commissioned on or before the Required Commercial Operations Date, then, the Company shall pay to JPS Two Hundred and Thirty Dollars ($230.00) (or the Jamaican Dollar equivalent) per kW for each Day or part thereof by which the Commissioning of the Facility is delayed beyond [COMMERCIAL OPERATION DATE]; provided that the cumulative amount of such payments shall not exceed [ AMOUNT IN WORDS to be determined by the OUR] Dollars ($[AMOUNT IN FIGURES]) (or the Jamaican Dollar equivalent). These payments shall be liquidated damages for the detrimental impact of such delay.
