Common use of Failure to Accept Electricity Clause in Contracts

Failure to Accept Electricity. To the extent that the Buyer fails to accept a quantity of electricity in accordance with § 8 (Primary Obligations For Delivery and Acceptance of Electricity) during a Delivery Period, the Buyer shall pay the Seller as compensation for damages an amount for such quantity of non-accepted electricity equal to the product of:

Appears in 10 contracts

Samples: cms.energytraderseurope.org, Power Purchase Agreement, Power Purchase Agreement

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