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.

  • 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.

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

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

  • Notwithstanding Section 32.2, the parties may agree to Alternative Damages in a Transaction Confirmation executed in writing by both parties.


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 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. 2.2. "Base Contract" shall mean a contract executed by the parties that incorporates these General Terms and Conditions by reference; that specifies the agreed selections of provisions contained herein; and that sets forth other information required herein and any Special Provisions and addendum(s) as identified on page one. 2.
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Alternative Damages means such damages, if applicable, expressed in dollars or centsdollars per kwhMMBtu, as the parties may agree upon in the Transaction Confirmation, in the event either Seller or Buyer fails to perform a Firm obligation to deliver ElectricityGas in the case of Seller or to receive ElectricityGas 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 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

  • 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.

  • Consequential Loss means indirect or consequential loss or damage such as, but not limited to, loss of contract, bargain, expectation, opportunity, profit, production, revenue, anticipated cost reduction or interest payable howsoever caused, arising out of or in connection with this Contract.

  • 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).