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.
Appears in 4 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
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.
Appears in 1 contract
Samples: Power Purchase Agreement
