Common use of Seller’s Failure to Deliver Clause in Contracts

Seller’s Failure to Deliver. If, for any Season during any Planning Period during the Capacity Credit Term, Seller fails to deliver all or any portion of the Contract Quantity for such Season by the Delivery Deadline for such Planning Period in accordance with the terms hereof, then, except to the extent provided in Section 5.2, Seller shall pay Buyer, in accordance with Section 7.2, within five (5) Business Days of Seller’s receipt of an invoice therefor from Buyer:

Appears in 4 contracts

Samples: Credit Purchase Agreement, Capacity Credit Purchase Agreement, Capacity Credit Purchase Agreement

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