Mitigation if Maritime Link not Complete Sample Clauses

Mitigation if Maritime Link not Complete. If Emera is entitled to compensation for a Compensation Event under Section 8.6(a)(ii), (iii) or (iv), Emera shall mitigate the Compensation Damages by taking commercially reasonable steps to minimize the Actual Capital Costs and applicable AFUDC of the Maritime Link incurred (as “Actual Capital Costs” and “AFUDC” are defined in the ML-JDA), and if so minimized, the amount of the Undelivered Nova Scotia Block will be calculated by multiplying the Nova Scotia Block by the ratio of the Actual Capital Costs and applicable AFUDC actually incurred taking into account such mitigation to the then most current estimate of the Capital Costs (as “Capital Costs” is defined in the ML-JDA) and applicable AFUDC that would have been incurred by Emera had the Compensation Event not occurred. Any costs incurred by Emera in minimizing the Actual Capital Costs shall be included in the Actual Capital Costs, and related AFUDC.
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Related to Mitigation if Maritime Link not Complete

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