Capacity Damages definition

Capacity Damages has the meaning set forth in Exhibit B.

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Capacity Damages means an amount equal to Two Hundred Fifty Thousand Dollars ($250,000) per MW.

Capacity Damages means collectively Storage Capacity Damages and PV Capacity Damages.

Examples of Capacity Damages in a sentence

Capacity Damages shall not be offset or reduced by the payment of Development Security, Performance Security, Delay Damages, or any other form of liquidated damages under this Agreement.
Each Party acknowledges and agrees that: (a) the damages PacifiCorp would incur due to Seller’s failure to satisfy the Storage Power Capacity Guarantee is difficult or impossible to predict with certainty; (b) it is impractical and difficult to assess actual damages in these circumstances; and, therefore, (c) Storage Power Capacity Damages as agreed to by the Parties are a fair and reasonable calculation of damages and not a penalty.
If the Contractor does not meet the ▇▇▇▇ Capacity Guarantee, the Contractor will credit the Judicial Council an amount of the ▇▇▇▇ Capacity Damages against the Judicial Council’s next Rent payment(s), which amount shall be calculated as the product of the under-performance and the annual Rent.
If the Licensee does not meet the ▇▇▇▇ Capacity Guarantee, the Licensee will credit the Judicial Council an amount of the ▇▇▇▇ Capacity Damages against the Judicial Council’s next Rent payment(s), which amount shall be calculated as the product of the under-performance and the annual Rent.
If Seller fails to construct the Storage Contract Capacity by such date, Seller shall pay Capacity Damages to Buyer, in an amount equal to Two Hundred Fifty Thousand Dollars ($250,000) for each MW that the Storage Contract Capacity exceeds the Installed Battery Capacity, and the Storage Contract Capacity and other applicable portions of the Agreement shall be adjusted accordingly.

More Definitions of Capacity Damages

Capacity Damages has the meaning set forth in Article 9.3.

Capacity Damages means an amount equal to Two Hundred Fifty Thousand Dollars ($250,000) per MW. The Delivery Term shall not commence until Seller completes each of the following conditions: Seller has provided copies of all documentation required to be provided as a condition precedent to commencement of the Delivery Term, e.g., Interconnection Agreement, proof of insurance, satisfaction of other Seller commitments, etc.; All applicable permits and government approvals required for the operation of the Facility have been obtained; Seller has provided Buyer with a copy of written notice from the CAISO that the Facility has achieved Full Capacity Deliverability Status; Seller has delivered the Performance Security to Buyer; and Seller has paid Buyer all amounts owing under the PPA as of such date, if any.

Capacity Damages means an amount equal to Five Hundred Thousand Dollars ($500,000) per MW.

Capacity Damages has the meaning set forth in Exhibit B. “CEQA” means the California Environmental Quality Act.

Capacity Damages means an amount equal to Two Hundred Fifty Thousand Dollars ($250,000) per MW. Seller shall provide notice of expected COD to Buyer in writing no less than sixty (60) days in advance of such date.

Capacity Damages has the meaning set forth in Section 5 of Exhibit B. “Capacity Payment(s)” has the meaning set forth in Exhibit C.

Capacity Damages means any liquidated damages paid by the Project Developer to CCP pursuant to Exhibit B of the PPA.