Capacity Damages definition

Capacity Damages has the meaning set forth in Exhibit B.
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.

  • 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 Capacity, and the Storage Contract Capacity and other applicable portions of the Agreement shall be adjusted accordingly.

  • If the Contractor does not meet the XXXX Capacity Guarantee, the Contractor will credit the Judicial Council an amount of the XXXX 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.

  • Liquidated damages include, but are not limited to Daily Delay Damages, RA Deficiency Amount, Capacity Damages, Guaranteed Energy Production Damages, Damage Payment, and Termination Payment.


More Definitions of Capacity Damages

Capacity Damages has the meaning set forth in Article 9.3.
Capacity Damages means an amount equal to Five Hundred Thousand Dollars ($500,000) per MW.
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 has the meaning set forth in Exhibit B. “CEQA” means the California Environmental Quality Act.
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 an amount equal to (i) the replacement price for such Capacity Requirement in the PJM Daily Capacity Credit Market (as defined in the PJM Agreement or any product or market that becomes a surrogate therefor), plus (ii) any penalties assessed by PJM against JCP&L as a direct result of NJEA's failure to deliver the Capacity Requirement in accordance with Section 5.1 hereof. Except as otherwise provided in Section 8.2(a) hereof, the damages provided in this Section 5.2 shall be the sole and exclusive remedy of JCP&L for any failure of NJEA to deliver the Capacity Requirement hereunder and there shall be no other adjustment of the Energy Payment as a result of NJEA's failure to deliver such Capacity Requirement. The invoice for the amount payable hereunder shall include a written statement explaining in reasonable detail the calculation of such amount. 5.3
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.