Guaranteed Contract Storage Capacity. (i) During the Delivery Term, Seller shall maintain the Storage Facility with a Contract Storage Capacity of not less than the Guaranteed Contract Storage Capacity. (ii) If the Contract Storage Capacity for the Storage Facility is determined during a Storage Capacity Test to be less than the Guaranteed Contract Storage Capacity, Seller shall pay to Buyer as liquidated damages for such deficiency an amount determined by multiplying (i) the number of months since the last Storage Capacity Test (including the month in which the most current Storage Capacity Test was completed) by
Appears in 2 contracts
Samples: Storage Capacity Agreement, Storage Capacity Agreement
Guaranteed Contract Storage Capacity.
(i) During the Delivery Term, Seller shall maintain the Storage Facility with a Contract Storage Capacity of not less than the Guaranteed Contract Storage Capacity.
(ii) If the Contract Storage Capacity for the Storage Facility is determined during a Storage Capacity Test to be less than the Guaranteed Contract Storage Capacity, Seller shall pay to Buyer PGE as liquidated damages for such deficiency an amount determined by multiplying (i) the number of months since the last Storage Capacity Test (including the month in which the most current Storage Capacity Test was completed) by
Appears in 2 contracts
Samples: Wholesale Renewable Power and Storage Capacity Purchase Agreement, Wholesale Renewable Power and Storage Capacity Purchase Agreement
Guaranteed Contract Storage Capacity.
(i) During the Delivery Term, Seller shall maintain the Storage Facility with a Contract Storage Capacity of not less than the Guaranteed Contract Storage Capacity.
(ii) If the Contract Storage Capacity for the Storage Facility is determined during a Storage Capacity Test to be less than the Guaranteed Contract Storage Capacity, Seller shall pay to Buyer PGE as liquidated damages for such deficiency an amount determined by multiplying (i) the number of months since the last Storage Capacity Test (including the month in which the most current Storage Capacity Test was completed) by
Appears in 1 contract
Samples: Wholesale Renewable Power and Storage Capacity Purchase Agreement
