Common use of Early Termination Damages Do Not Apply Clause in Contracts

Early Termination Damages Do Not Apply. As of the Early Termination Date, the Non-Defaulting Party shall determine, in good faith and in a commercially reasonable manner, the amount owed (whether or not then due) by each party with respect to all Gas delivered and received between the parties under Terminated Transactions and Excluded Transactions on and before the Early Termination Date and all other applicable charges relating to such deliveries and receipts (including without limitation any amounts owed under Section 3.2), for which payment has not yet been made by the party that owes such payment under this Contract.

Appears in 27 contracts

Samples: Sale and Purchase Agreement, Base Contract for Sale and Purchase of Natural Gas, Base Contract for Sale and Purchase of Natural Gas

AutoNDA by SimpleDocs

Early Termination Damages Do Not Apply. As of the Early Termination Date, the Non-Defaulting Party shall determine, in good faith and in a commercially reasonable manner, the amount owed (whether or not then due) by each party with respect to all Gas delivered and received between the parties under Terminated Transactions and Excluded Transactions on and before the Early Termination Date and all other applicable charges relating to such deliveries and receipts (including without limitation any amounts owed under Section 3.2), ) for which payment has not yet been made by the party that owes such payment under this Contract.

Appears in 2 contracts

Samples: Base Contract for Sale and Purchase of Natural Gas (Montauk Renewables, Inc.), Base Contract for Sale and Purchase of Natural Gas (Montauk Renewables, Inc.)

Early Termination Damages Do Not Apply. As Xx of the Early Termination Date, the Non-Defaulting Party shall determine, in good faith and in a commercially reasonable manner, the amount owed (whether or not then due) by each party with respect to all Gas delivered and received between the parties under Terminated Transactions and Excluded Transactions on and before the Early Termination Date and all other applicable charges relating to such deliveries and receipts (including without limitation any amounts owed under Section 3.2), for which payment has not yet been made by the party that owes such payment under this Contract.

Appears in 1 contract

Samples: Base Contract for Sale and Purchase of Natural Gas (Montauk Renewables, Inc.)

AutoNDA by SimpleDocs

Early Termination Damages Do Not Apply. As of the Early Termination Date, the Non-Defaulting Non&$45;Defaulting Party shall determine, in good faith and in a commercially reasonable manner, the amount owed (whether or not then due) by each party with respect to all Gas delivered and received between the parties under Terminated Transactions and Excluded Transactions on and before the Early Termination Date and all other applicable charges relating to such deliveries and receipts (including without limitation any amounts owed under Section 3.2), for which payment has not yet been made by the party that owes such payment under this Contract.

Appears in 1 contract

Samples: Base Contract for Sale and Purchase of Natural Gas (Corning Natural Gas Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!