Examples of Cancellation Costs in a sentence
Interconnected Transmission Owner and Transmission Provider shall use due diligence to minimize Cancellation Costs in the event of a suspension of work.
The obligations of the Construction Parties hereunder with respect to payments, Cancellation Costs, warranties, liability and indemnification shall survive termination to the extent necessary to provide for the determination and enforcement of said obligations arising from acts or events that occurred while the Interconnection Construction Service Agreement was in effect.
The Interconnection Customer shall pay the Transmission Provider each bill for Cancellation Costs within thirty (30) days after, as applicable, the Interconnected Transmission Owner’s or Transmission Provider’s presentation to the Interconnection Customer of written demand therefor, provided that such demand includes reasonable documentation of the Cancellation Costs that the invoicing party seeks to collect.
In the event the Interconnected Transmission Owner incurs Cancellation Costs, it shall provide the Transmission Provider, with a copy to the Interconnection Customer, with a written demand for payment and with reasonable documentation of such Cancellation Costs.
Subject to its payment of Cancellation Costs as explained in Section 14.3 below, the Interconnection Customer may be relieved of its obligations hereunder upon sixty (60) days written notice to Transmission Provider and the Interconnected Transmission Owner.