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Direct damages may include, but are not limited to: (i) the positive difference (if any) between the price of Block Energy Supply hereunder and the price at which the Buyer or Seller is able to purchase or sell (as applicable) Block Energy Supply (or any components of Block Energy Supply it is able to purchase or sell) from or to third parties, including PJM; (ii) Emergency Energy charges; and (iii) additional transmission or congestion costs incurred to purchase or sell Block Energy Supply.", "size": 4, "hash": "6d3a691b0f5f95d97d961aab63cafc2a", "id": 4}, {"samples": [{"hash": "bKBdSfidMUf", "uri": "/contracts/bKBdSfidMUf#default-damages", "label": "Supply Agreement", "score": 33.1576652527, "published": true}, {"hash": "8EX0nnAfbSh", "uri": "/contracts/8EX0nnAfbSh#default-damages", "label": "Supply Agreement", "score": 31.8960514069, "published": true}, {"hash": "8tVgZdwdIec", "uri": "/contracts/8tVgZdwdIec#default-damages", "label": "Supply Agreement", "score": 27.9566669464, "published": true}], "snippet_links": [{"key": "direct-damages", "type": "clause", "offset": [6, 20]}, {"key": "commercially-reasonable-manner", "type": "clause", "offset": [38, 68]}, {"key": "the-non", "type": "clause", "offset": [75, 82]}, {"key": "defaulting-party", "type": "definition", "offset": [83, 99]}, {"key": "default-by-the", "type": "clause", "offset": [134, 148]}, {"key": "the-price", "type": "clause", "offset": [241, 250]}, {"key": "the-companies", "type": "definition", "offset": [299, 312]}, {"key": "the-\u2587", "type": "clause", "offset": [316, 321]}, {"key": "to-third-parties", "type": "clause", "offset": [464, 480]}, {"key": "energy-charges", "type": "definition", "offset": [536, 550]}, {"key": "costs-incurred", "type": "definition", "offset": [596, 610]}, {"key": "section-51", "type": "clause", "offset": [706, 717]}], "snippet": "means direct damages, calculated in a commercially reasonable manner, that the Non-Defaulting Party incurs as a result of an Event of Default by the Defaulting Party. Default Damages may include: (i) the positive difference (if any) between the Price of \u2587\u2587\u2587\u2587 Supply hereunder and the price at which the Companies or the \u2587\u2587\u2587\u2587 Supplier is able to purchase or sell (as applicable) \u2587\u2587\u2587\u2587 Supply (or any components of \u2587\u2587\u2587\u2587 Supply it is able to purchase or sell) from or to third parties including other \u2587\u2587\u2587\u2587 Suppliers and PJM; (ii) Emergency Energy charges; (iii) additional transmission or congestion costs incurred to purchase or sell \u2587\u2587\u2587\u2587 Supply; and (iv) Costs. 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Direct damages may include, but are not limited to: (i) the positive difference (if any) between the price of Full Requirements Service hereunder and the price at which the Buyer or Seller is able to purchase or sell (as applicable) Full Requirements Service (or any components of Full Requirements Service it is able to purchase or sell) from or to third parties, including PJM; (ii) Emergency Energy charges; and (iii) additional transmission or congestion costs incurred to purchase or sell Full Requirements Service.", "size": 3, "hash": "fb5fa40104b320e1ab2008e7a69ef10d", "id": 6}, {"samples": [{"hash": "hFEFULOe4EM", "uri": "/contracts/hFEFULOe4EM#default-damages", "label": "Lease Agreement (Cardinal Infrastructure Group Inc.)", "score": 37.1341546886, "published": true}, {"hash": "1nZr0j2C4o", "uri": "/contracts/1nZr0j2C4o#default-damages", "label": "Lease Agreement (Cardinal Infrastructure Group Inc.)", "score": 37.1341546886, "published": true}], "snippet_links": [{"key": "defined-in-section", "type": "clause", "offset": [0, 18]}], "snippet": "Defined in Section 19(b)(ii)(A)(2).", "size": 2, "hash": "8eb07bdfb8f93a7a3144f012b6d7de79", "id": 7}, {"samples": [{"hash": "gnUkcnljzr", "uri": "/contracts/gnUkcnljzr#default-damages", "label": "Long Term Alternative Energy Credit Supplier Master Agreement", "score": 24.625289917, "published": true}, {"hash": "hM0cEbXPWMr", "uri": "/contracts/hM0cEbXPWMr#default-damages", "label": "Alternative Energy Credit Supply Master Agreement", "score": 24.3812465668, "published": true}], "snippet_links": [{"key": "period-of-time", "type": "clause", "offset": [15, 29]}, {"key": "damages-and-costs", "type": "clause", "offset": [85, 102]}, {"key": "commercially-reasonable-manner", "type": "clause", "offset": [120, 150]}, {"key": "the-non", "type": "clause", "offset": [157, 164]}, {"key": "defaulting-party", "type": "definition", "offset": [165, 181]}, {"key": "with-respect-to", "type": "clause", "offset": [189, 204]}, {"key": "specified-amount", "type": "clause", "offset": [209, 225]}, {"key": "an-event-of-default", "type": "clause", "offset": [241, 260]}, {"key": "not-limited", "type": "clause", "offset": [298, 309]}, {"key": "price-of-the-product", "type": "clause", "offset": [363, 383]}, {"key": "the-buyer", "type": "clause", "offset": [417, 426]}, {"key": "to-third-parties", "type": "clause", "offset": [501, 517]}, {"key": "equal-to", "type": "definition", "offset": [532, 540]}, {"key": "required-by", "type": "definition", "offset": [576, 587]}], "snippet": "means, for the period of time specified in Section 10.2(b)(ii) (Remedies) any direct damages and Costs, calculated in a commercially reasonable manner, that the Non-Defaulting Party incurs with respect to the Specified Amount as a result of an Event of Default. Direct damages may include, but are not limited to: (i) the positive difference (if any) between the price of the Product hereunder and the price at which the Buyer or Seller is able to purchase or sell (as applicable) the Product from or to third parties, or an amount equal to the alternative compliance payment required by the AEPS Act for each AEC not delivered.", "size": 2, "hash": "49777f9619349b811d5bac10669b2fc0", "id": 8}, {"samples": [{"hash": "jY9purgpBc", "uri": "/contracts/jY9purgpBc#default-damages", "label": "Explanatory and Warranties", "score": 26.7494869232, "published": true}], "snippet_links": [{"key": "agreed-compensation", "type": "clause", "offset": [10, 29]}, {"key": "to-the-company", "type": "clause", "offset": [30, 44]}, {"key": "termination-of-the-agreement", "type": "clause", "offset": [68, 96]}, {"key": "your-default", "type": "definition", "offset": [123, 135]}, {"key": "total-profits", "type": "definition", "offset": [168, 181]}, {"key": "received-by", "type": "definition", "offset": [182, 193]}, {"key": "date-of-default", "type": "definition", "offset": [237, 252]}, {"key": "sum-of", "type": "clause", "offset": [265, 271]}], "snippet": "means the agreed compensation to the Company by you in the event of termination of the Agreement and/or Arrangement due to your default for an amount equivalent to the total profits received by you within two (2) years period before the date of default occurs or a sum of RM200,000.00 (whichever is higher)", "size": 1, "hash": "e302a7dbf587d9551dcce88d9eaf27a9", "id": 9}, {"samples": [{"hash": "8MLvW6nFDKb", "uri": "/contracts/8MLvW6nFDKb#default-damages", "label": "Supply Master Agreement", "score": 24.5208759308, "published": true}], "snippet_links": [{"key": "period-of-time", "type": "clause", "offset": [15, 29]}, {"key": "damages-and-costs", "type": "clause", "offset": [85, 102]}, {"key": "commercially-reasonable-manner", "type": "clause", "offset": [120, 150]}, {"key": "the-non", "type": "clause", "offset": [157, 164]}, {"key": "defaulting-party", "type": "definition", "offset": [165, 181]}, {"key": "with-respect-to", "type": "clause", "offset": [189, 204]}, {"key": "specified-amount", "type": "clause", "offset": [209, 225]}, {"key": "an-event-of-default", "type": "clause", "offset": [241, 260]}, {"key": "not-limited", "type": "clause", "offset": [298, 309]}, {"key": "the-price", "type": "clause", "offset": [359, 368]}, {"key": "product-service", "type": "clause", "offset": [382, 397]}, {"key": "the-buyer", "type": "clause", "offset": [431, 440]}, {"key": "to-third-parties", "type": "clause", "offset": [609, 625]}, {"key": "energy-charges", "type": "definition", "offset": [657, 671]}, {"key": "costs-incurred", "type": "definition", "offset": [721, 735]}], "snippet": "means, for the period of time specified in Section 12.2(b)(ii) (Remedies) any direct damages and Costs, calculated in a commercially reasonable manner, that the Non-Defaulting Party incurs with respect to the Specified Amount as a result of an Event of Default. Direct damages may include, but are not limited to: (i) the positive difference (if any) between the price of Long-Term Product Service hereunder and the price at which the Buyer or Seller is able to purchase or sell (as applicable) Long-Term Product Service (or any components of Long-Term Product Service it is able to purchase or sell) from or to third parties, including PJM; (ii) Emergency Energy charges; and (iii) additional transmission or congestion costs incurred to purchase or sell Long-Term Product Service.", "size": 1, "hash": "5b0d61db2f0bb57d1c9f4b38e80834e2", "id": 10}], "next_curs": "ClwSVmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjgLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIYZGVmYXVsdC1kYW1hZ2VzIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "Default Damages", "snippet": "means direct damages, calculated in a commercially reasonable manner, that the Non-Defaulting Party incurs as a result of an Event of Default by the Defaulting Party. Default Damages may include: (i) the positive difference (if any) between the price of SSO Supply hereunder and the price at which Duke Energy Ohio or the SSO Supplier is able to purchase or sell (as applicable) SSO Supply (or any components of SSO Supply it is able to purchase or sell) from or to third parties including other SSO Suppliers and PJM; (ii) Emergency Energy charges; (iii) additional transmission or congestion charges incurred to purchase or sell SSO Supply; and (iv) Costs.", "size": 86, "id": "default-damages", "examples": ["Neither Party will be liable for <strong>Default Damages</strong> if this Agreement is terminated by a Governmental Authority.", "If the Defaulting Party disputes the Non-Defaulting Party\u2019s calculation of the <strong>Default Damages</strong> or Termination Payment, in whole or in part, the Defaulting Party must, within three (3) Business Days of receipt of the Non-Defaulting Party\u2019s calculation of the <strong>Default Damages</strong> or Termination Payment, provide to the Non-Defaulting Party a detailed written explanation of the basis for such dispute.", "Subject to Section 7.3(e), the Defaulting Party shall pay <strong>Default Damages</strong> on or before three (3) Business Days after receipt of an invoice therefor.", "Subject to Section 5.3(e), the Defaulting Party shall pay <strong>Default Damages</strong> on or before three (3) Business Days after receipt of an invoice therefor.", "Any Registration <strong>Default Damages</strong> payable pursuant to Section 8(a)(iii) shall cease to accrue during any Deferral Period.", "Any dispute under this Section 5.3(e) shall be subject to the dispute resolution procedures in Article 10; provided, however, that if the <strong>Default Damages</strong> or Termination Payment is due from the Defaulting Party, the Defaulting Party must first provide commercially reasonable financial assurances to the Non- Defaulting Party in an amount equal to the <strong>Default Damages</strong> or Termination Payment, as the case may be.", "Any dispute under this Section 7.3(e) shall be subject to the dispute resolution procedures in Article 11; provided, however, that if the <strong>Default Damages</strong> or Termination Payment is due from the Defaulting Party, the Defaulting Party must first provide Performance Assurance to the Non- Defaulting Party in an amount equal to the <strong>Default Damages</strong> or Termination Payment, as the case may be.", "Any amounts of Registration <strong>Default Damages</strong> due pursuant to this Section 7 will be payable in cash on the next succeeding interest payment date to Holders entitled to receive such Registration <strong>Default Damages</strong> on the relevant record dates for the payment of interest.", "Any dispute under this Section 7.3(e) shall be subject to the dispute resolution procedures in Article 11; provided, however, that if the <strong>Default Damages</strong> or Termination Payment is due from the Defaulting Party, the Defaulting Party must first provide Performance Assurance to the Non-Defaulting Party in an amount equal to the <strong>Default Damages</strong> or Termination Payment, as the case may be.", "If the Termination Payment has been retained by Duke Energy Ohio as security for additional amounts that may be determined to be due and owing by the SSO Supplier, and if, upon making a final determination of <strong>Default Damages</strong> and payment therefor, the Termination Payment, or any portion thereof, is to be made to the SSO Supplier, Duke Energy Ohio will pay interest at the Interest Rate on the Termination Payment amount being made to the SSO Supplier for the period of such retention."], "related": [["registration-default-damages", "Registration Default Damages", "Registration <strong>Default Damages</strong>"], ["default-fee", "Default Fee", "Default Fee"], ["default-date", "Default Date", "Default Date"], ["default-fund", "default fund", "default fund"], ["delay-damages", "Delay Damages", "Delay Damages"]], "related_snippets": [], "updated": "2026-02-21T05:44:01+00:00"}, "json": true, "cursor": ""}}