Common use of Termination Due to Failure to Meet a Guaranteed Project Milestone Date Clause in Contracts

Termination Due to Failure to Meet a Guaranteed Project Milestone Date. If the Agreement is terminated by Company pursuant to Section 13.4 (Damages and Termination), Company shall be entitled to Termination Damages calculated by multiplying the Contract Capacity by $50/kW.

Appears in 29 contracts

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

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Termination Due to Failure to Meet a Guaranteed Project Milestone Date. If the Agreement is terminated by Company pursuant to Section 13.4 (Damages and Termination), Company shall be entitled to Termination Damages calculated by multiplying the Contract Capacity by $50/kW.__/kW. [DRAFTING NOTE: COMPANY WILL SPECIFY THE DOLLAR AMOUNT OF THE TERMINATION DAMAGES.]

Appears in 1 contract

Samples: Scheduled and Contingency Capacity Purchase Agreement

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Termination Due to Failure to Meet a Guaranteed Project Milestone Date. If the Agreement is terminated by Company pursuant to Section 13.4 (Damages and Termination), Company shall be entitled to Termination Damages calculated by multiplying the Contract Capacity by $50/kW.kW.‌‌‌

Appears in 1 contract

Samples: Power Purchase Agreement

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