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
If Seller fails to construct the Storage Contract Capacity by such date, Seller shall pay Capacity Damages to Buyer, in an amount equal to One Hundred Thousand Dollars ($100,000) 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 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 any liquidated damages paid by the Project Developer to CCP pursuant to Exhibit B of the PPA.
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.