Common use of Duty to Mitigate Damages Clause in Contracts

Duty to Mitigate Damages. Each Party agrees that it has a duty to mitigate damages and that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Solar Energy Power Purchase Agreement

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Duty to Mitigate Damages. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s 's performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Power Purchase and Sale Agreement (Eastern Edison Co)

Duty to Mitigate Damages. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s performance or non-performance of this the Agreement.

Appears in 1 contract

Samples: Power Purchase Agreement (Us Geothermal Inc)

Duty to Mitigate Damages. Each Party agrees that it has will have a duty to mitigate damages and that it will use commercially reasonable efforts to minimize any mitigate damages incurred by it may incur as a result of and for which the other Party’s performance or non-performance of this AgreementParty is responsible.

Appears in 1 contract

Samples: Stock Purchase Agreement (Enstar Group LTD)

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Duty to Mitigate Damages. Each Party agrees acknowledges that it has a duty to mitigate damages and that it will shall use commercially reasonable good faith efforts to minimize any damages it find a substitute buyer or seller, as the case may incur as a result of be, in the event that the other Party’s performance or non-performance of this AgreementParty does not perform its obligations hereunder.

Appears in 1 contract

Samples: Shareholders Agreement (Cheniere Energy Inc)

Duty to Mitigate Damages. Each Party agrees that it has a duty to mitigate the ------------------------ damages and that it will use would otherwise be recoverable from the other Party pursuant to this Agreement by taking appropriate, commercially reasonable efforts actions to minimize any damages it may incur as a result reduce or limit the amount of the other Party’s performance or non-performance of this Agreementsuch damages.

Appears in 1 contract

Samples: Agreement (Metropolitan Life Separate Account E)

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