Common use of Termination Due to an Event of Default Clause in Contracts

Termination Due to an Event of Default. If the Agreement is terminated by Company in accordance with this Agreement after the Commercial Operations Date due to an Event of Default where Seller is the Defaulting Party, Company shall be entitled to Termination Damages calculated by multiplying the Contract Capacity by $75/kW.

Appears in 28 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Termination Due to an Event of Default. If the Agreement is terminated by Company in accordance with this Agreement after the Commercial Operations Date due to an Event of Default where Seller Subscriber Organization is the Defaulting Party, Company shall be entitled to Termination Damages calculated by multiplying the Contract Capacity by $75/kW.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Termination Due to an Event of Default. If the Agreement is terminated by Company in accordance with this Agreement after the Commercial Operations In-Service Date due to an Event of Default where Seller is the Defaulting Party, Company shall be entitled to SHEET NO. 80.2AI‌ Effective December 30, 2011 Termination Damages calculated by multiplying the Contract Capacity by $7540/kW.

Appears in 1 contract

Samples: Power Purchase Agreement

Termination Due to an Event of Default. If the Agreement is terminated by Company in accordance with this Agreement after the Commercial Operations In-Service Date due to an Event of Default where Seller is the Defaulting Party, Company shall be entitled to SHEET NO. 94.1AI‌ Effective December 30, 2011 Termination Damages calculated by multiplying the Contract Capacity by $7540/kW.

Appears in 1 contract

Samples: Power Purchase Agreement

AutoNDA by SimpleDocs

Termination Due to an Event of Default. If the Agreement is terminated by Company in accordance with this Agreement after the Commercial Operations In-Service Date due to an Event of Default where Seller is the Defaulting Party, Company shall be entitled to Termination Damages calculated by multiplying the Contract Capacity by $7540/kW.kW.‌

Appears in 1 contract

Samples: Power Purchase Agreement

Termination Due to an Event of Default. If the Agreement is terminated by Company in accordance with this Agreement after the Commercial Operations Date due to an Event of Default where Seller is the Defaulting Party, Company shall be entitled to Termination Damages calculated by multiplying the Contract Capacity by $75/kW.kW.‌

Appears in 1 contract

Samples: Power Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!