Liquidated Damages not amounting to penalty for delay in Commissioning Sample Clauses

Liquidated Damages not amounting to penalty for delay in Commissioning. 4.6.1 The Project shall be fully commissioned within the Scheduled Commissioning Date as defined in this Agreement. If the SPD is unable to commission the Project by the Scheduled Commissioning Date for the reasons other than those specified in Article
AutoNDA by SimpleDocs
Liquidated Damages not amounting to penalty for delay in Commissioning. 4.5.1 If the SPG is unable to commission the Project by the Scheduled Commissioning Dateother than for the reasons specified in Article 4.4.1, the SPG shall pay to PGVCL, damages for the delay in such commissioning and making the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per following:
Liquidated Damages not amounting to penalty for delay in Commissioning. 4.6.1 If the SPD is unable to commission the Project by the Scheduled Commissioning Date other than for the reasons specified in Article 4.5.1 and 4.5.2, the SPD shall pay to SECI, damages for the delay in such commissioning and making the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per the following:
Liquidated Damages not amounting to penalty for delay in Commissioning. 4.6.1 The Project shall be fully commissioned within the Scheduled Commissioning Date as defined in this Agreement. If the BESSD is unable to commission the Project by the Scheduled Commissioning Date for the reasons other than those specified in Article 4.5.1, the BESSD shall pay to SECI, damages for the delay in such commissioning and making the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per the following:
Liquidated Damages not amounting to penalty for delay in Commissioning. 4.6.1 If the SPD is unable to commence supply of power to Procurer by the Scheduled Commissioning Date other than for the reasons specified in Article 4.5.1 and 4.5.2, the SPD shall pay to UPNEDA, Liquidated damages for the delay in such commencement of supply of Power and making the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per the following: In case of delay in commissioning of the Project beyond the SCD upto (& including) the date as on 21 months from the Effective Date of the PPA (as applicable), as part of the liquidated damages, the total PBG amount for the Project shall be encashed on per-day basis and proportionate to the balance capacity not commissioned. .
Liquidated Damages not amounting to penalty for delay in Commissioning. 4.6.1 The Project shall be fully commissioned within the Scheduled Commissioning Date as defined in this Agreement. If the SPD is unable to commission the Project by the Scheduled Commissioning Date for the reasons other than those specified in Article 4.5.1 and 4.5.2, the SPD shall pay to MSPDCL, damages for the delay in such commissioning and making the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per the following: Delay beyond the Scheduled Commissioning Date upto (& including) the date as on 6 months after the Scheduled Commissioning Date: The total PBG amount shall be enchased on per day basis and proportionate to the balance capacity not commissioned. In case of calculation of liquidated damages, a ‘month’ shall comprise 30 days.
Liquidated Damages not amounting to penalty for delay in Commissioning. 4.6.1 The Project (both Solar Manufacturing Plant and Solar PV Power Plant) shall be fully commissioned in line with the milestones/ timelines indicated under clause nos. 15.A.1 and 15.B.1, Section-II, Instructions to Bidders (ITB) of the RfS Documents including its Amendment thereof. In this regard, a duly constituted committee will physically inspect and certify successful commissioning of the Project. If the SPD is unable to commission either the Solar Manufacturing Plant or the Solar PV Power Project by the Scheduled Commissioning Date other than for the reasons specified in Article 4.5.1 and 4.5.2, the SPD shall pay to SECI, damages for the delay in such commissioning and making the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per the following:
AutoNDA by SimpleDocs
Liquidated Damages not amounting to penalty for delay in Commissioning. 4.6.1 The Project shall be fully commissioned within the Scheduled Commercial Operation Date as defined in this Agreement. If the RPD is unable to commission the Project by the Scheduled Commercial Operation Date for any of the reasons other than those specified in Article 4.5.1, and 4.5.2, the RPD shall pay to SECI, damages for the delay in such commissioning and making the Contracted Capacity available for dispatch by the Scheduled Commercial Operation Date as per the following:
Liquidated Damages not amounting to penalty for delay in Commissioning. 4.5.1 If the RPG is unable to commission the Project by the Scheduled Commissioning Date other than for the reasons specified in Article 4.4.1, the RPG shall pay to DISCOM, damages for the delay in such commissioning and making the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per the following: Delay beyond the Scheduled Commissioning Date upto (& including) the date as on nine months from the Date of issue of LoA: The total Performance Bank Guarantee amount shall be encashed on per day basis and proportionate to the balance capacity not commissioned.
Liquidated Damages not amounting to penalty for delay in Commissioning. If the SPG is unable to commission the Project by the Scheduled Commissioning Date other than for the reasons specified in Article 4.4.1, the SPG shall pay to EDG, damages for the delay in such commissioning and making the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per the following: Delay beyond the Scheduled Commissioning Date upto (& including) the date as on Twelve months from the date of signing of PPA between the Parties: The total Performance Bank Guarantee amount shall be encashed on per day basis and proportionate to the balance capacity not commissioned. The maximum time period allowed for commissioning of the full Project Capacity with encashment of Performance Bank Guarantee shall be limited to 14 Months from the date of signing of PPA between the Parties. In case, the Commissioning of the Project is delayed beyond 14 Months from the date of signing of PPA between the Parties shall be considered as an SPG Event of Default and provisions of Article 13 shall apply and the Contracted Capacity shall stand reduced / amended to the Project Capacity Commissioned within 14 Months of the date of signing of PPA between the Parties and the PPA for the balance Capacity will stand terminated and shall be reduced from the project capacity. The SPG further acknowledge that the amount of the liquidated damages fixed is genuine and reasonable pre-estimate of the damages that may be suffered by EDG.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!