Supply obligation of the BESSD Sample Clauses

Supply obligation of the BESSD. In case the BESSD fails to offer the contracted power as per this Agreement to SECI/Buying Entity and sells the contracted power without its consent to any other party, the BESSD, on a complaint to this effect by SECI/Buying Entity to the load dispatch centre concerned, shall be debarred from participating in Power Exchanges and on the Discovery of Efficient Electricity Pricing portal and scheduling of any new short-term contracts from the Project for a period of three months from the date on which the default has been taken cognizance by the concerned load dispatch centre. The period of debarment shall increase to six months for second default and shall be one year for each successive default. Such debarment of the BESSD shall be without prejudice to the rights of SECI/Buying Entity for seeking compensation for the default by the BESSD under this Agreement.
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