LD for Delay in Commissioning. (a) If the Commercial Operation Date of the Project has not occurred by the Required Commercial Operation Date and such date has not been extended in accordance with this Contract by the Parties or as a consequence of a Force Majeure Event or Political Event or Change in Law and the delay is attributable to the Company, the Company shall pay to BPDB as liquidated damages for delays in Commissioning equal to USD 50 (fifty) per MW per day or fraction thereof.
Appears in 6 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
LD for Delay in Commissioning. (a) If the Commercial Operation Date of the Project has not occurred by the Required Commercial Operation Date and such date has not been extended in accordance with this Contract by the Parties or as a consequence of a Force Majeure Event or Political Event or Change in Law and the delay is attributable to the Company, the The Company shall pay to BPDB as liquidated damages for delays in Commissioning equal to at the rate of USD 50 (fiftyFifty) or equivalent BDT per MW day of proposed capacity per day or fraction thereof.
Appears in 1 contract
Samples: Power Purchase Agreement
