Alternative Damages definition

Alternative Damages means such damages, expressed in dollars or dollars per MMBtu, as the parties shall agree upon in the Transaction Confirmation, in the event either Seller or Buyer fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer.
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Alternative Damages means such damages, expressed in United States dollars or United States dollars per MMBtu, or Canadian dollars or Canadian dollars per GJ, as the parties shall agree upon in the Transaction Confirmation, in the event either Seller or Buyer fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer.”
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Alternative Damages means such damages, expressed in dollars or dollars per MMBtu, as the parties agree upon in the Transaction Confirmation, in the event either Seller or Buyer fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer.
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Examples of Alternative Damages in a sentence

  • Notwithstanding Section 3.2, the parties may agree to Alternative Damages in a Transaction Confirmation executed in writing by both parties.

  • The User shall cover all costs related to the Alternative Damages Report and the work of an independent damage assessor hired by the User or third parties.

  • The Alternative Damages Report presented by the User and other documents presented by the User to the Company shall be evaluated together with other information collected and prepared by the Company and the loss adjustment expert involved by it and other service providers.

  • The User may raise his reasoned objections to the damage assessment performed by the Company or the loss adjustment expert involved by it within a period of 7 (seven) days, presenting a damage assessment and valuation report prepared by an independent certified (licensed) assessor involved by the User, which is in line with legal requirements applicable to such assessment and documents (hereinafter referred to as the Alternative Damages Report).

  • Notwithstanding clause (b)(ii) of this Gas Annex, the parties may agree to Alternative Damages in a Confirmation executed in writing by both parties.

  • Full uniforms should always be worn, no student should be found in partial uniform.

  • Where Alternative Damages or this clause is expressed to apply to a Transaction, the sole and exclusive remedy of the parties in the event of a breach of an obligation to deliver or receive Gas for the Transaction shall be payments provided for as Alternative Damages in the Confirmation.

  • Director Ward asked why is TCA moving forward with this project before determining an alignment to complete the 241 to Interstate 5.

  • Since 2000, hundreds of people have been killed in both successful and unsuccessful strikes.

  • Alternative Damages Resulting from IEC’S Breach of the Contracts 265.


More Definitions of Alternative Damages

Alternative Damages means that clause 10.5 applies in the event of a breach of an obligation to deliver or receive Gas under this Agreement.
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Alternative Damages means such damages, expressed in United States dollars or United States dollars per MMBtu, or Mexican pesos or Mexican pesos per GJ, as the parties shall agree upon in the Transaction Confirmation, in the event either Seller or Buyer fails to perform a Firm obligation to deliver Gas in the case of Seller or to receive Gas in the case of Buyer.
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Related to Alternative Damages

  • Punitive Damages are those damages awarded as a penalty, the amount of which is neither governed nor fixed by statute.

  • Consequential Damages means Losses claimed to have resulted from any indirect, incidental, reliance, special, consequential, punitive, exemplary, multiple or any other Loss, including damages claimed to have resulted from harm to business, loss of anticipated revenues, savings, or profits, or other economic Loss claimed to have been suffered not measured by the prevailing Party’s actual damages, and any other damages typically considered consequential damages under Applicable Law, regardless of whether the Parties knew or had been advised of the possibility that such damages could result in connection with or arising from anything said, omitted, or done hereunder or related hereto, including willful acts or omissions.

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

  • Consequential Loss means loss of profits, anticipated loss of profit or revenue, loss of production, loss of business opportunity, loss of or damage to goodwill or reputation, loss of use or any other similar loss, but excludes:

  • Actual Damages has the meaning set forth in Section 12.4(C).

  • Delay Damages means the damages assessed pursuant to Section 3.2(a) hereof.

  • Structural damage means a covered building, regardless of the date of its construction, has experienced the following.

  • Damages means any loss, claim, damage, liability, costs and expenses (including, without limitation, reasonable attorney's fees and disbursements and costs and expenses of expert witnesses and investigation).

  • Maximum Liability has the meaning assigned to such term in Section 10.10.

  • Third Party Claims has the meaning set forth in Section 11.1.