Common use of Liquidated Damages not amounting to penalty for delay in Commissioning Clause in Contracts

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:

Appears in 2 contracts

Samples: Storage Purchase Agreement, Storage Purchase Agreement

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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 SECIGUVNL, damages for the delay in such commissioning and making the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per the following:

Appears in 2 contracts

Samples: Storage Purchase Agreement, Storage Purchase Agreement

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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 SECINVVN, damages for the delay in such commissioning and making the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per the following:

Appears in 1 contract

Samples: Storage Purchase Agreement

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