Examples of Delay LDs in a sentence
If this Agreement is terminated pursuant to this Section 3.3.7, neither Party shall have any liability to the other Party whatsoever (including liability for previously accrued Delay LDs or Capacity Charges, but excluding liability in respect of Delay Book Out Charges and interest accrued on the DLD Escrow at the Default Rate).
Delay LDs shall be offset against Capacity Charges as they come due.
The Seller shall pay any COD Delay LDs owing by the Seller to the Buyer within 30 days following the date specified in paragraph (b) above.
Immediately upon Seller's receipt of the quoted Delay Book Out Charge, Seller shall notify Buyer as to whether Seller elects to pay Delay LDs, provide Replacement Power, request Buyer to procure Substitute Power or accept the Delay Book Out Charge (the "Delay Election").
If Seller rejects the Delay Book Out Charge, then Seller shall be liable for Delay LDs until the earlier to occur of (a) the time at which Seller begins to deliver or causes to be delivered Replacement Power, (b) the Commercial Operations Date, or (c) the first day of the seven (7) day period to which a subsequent Delay Book Out Charge applies.