Common use of GEP DAMAGES CALCULATION Clause in Contracts

GEP DAMAGES CALCULATION. In accordance with the provisions in Section 3.1(e)(ii), GEP Damages means the liquidated damages payment due by Seller to Buyer, calculated as follows: [(A-B) X (C-D)] Where: A = the Guaranteed Energy Production for the Performance Measurement Period, in MWh B = Sum of Delivered Energy over the Performance Measurement Period, in MWh C= Replacement price for the Performance Measurement Period, in $/MWh, which is the sum of

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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GEP DAMAGES CALCULATION. In accordance with the provisions in Section 3.1(e)(ii), GEP Damages means the liquidated damages payment due by Seller to Buyer, calculated as follows: [(A-B) X (C-D)] Where: A = the Guaranteed Energy Production for the Performance Measurement Period, in MWh B = Sum of Delivered Energy over the Performance Measurement Period, in MWh C= Replacement price Price for the Performance Measurement Period, in $/MWh, which is reflecting the sum of

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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