Lost Production Damages definition

Lost Production Damages means the amount of compensation, if any, Seller is entitled to receive as a result of a Compensated Curtailment, calculated as follows:LPD = LP * EPPWhere “LPD" means the Lost Production Damages in respect to any applicable Calendar Month (expressed in dollars);
Lost Production Damages means the amount of compensation, if any, Seller is entitled to receive as a result of a Compensated Curtailment, calculated as follows:
Lost Production Damages means the amount of compensation, if any, Seller is entitled to receive as a result of a Compensated Curtailment, calculated as follows: LPD = LP * EPP

Examples of Lost Production Damages in a sentence

  • In the event the delivery of energy is curtailed due to a reason that qualifies as a Compensated Curtailment, and such curtailment results in Lost Production, Seller shall be entitled to Lost Production Damages on a monthly basis as its sole and exclusive remedy and Buyer’s sole and exclusive liability.

  • The Energy Purchase Price, as selected by the Seller and described in Exhibit A, will be applicable for the term of the contract.In the event the delivery of energy is curtailed due to a reason that qualifies as a Compensated Curtailment, and such curtailment results in Lost Production, Seller shall be entitled to Lost Production Damages on a monthly basis as its sole and exclusive remedy and Buyer’s sole and exclusive liability.

  • Seller is entitled to compensation for Lost Production Damages, if Energy is curtailed due to any reason that qualifies as a Compensated Curtailment.

  • In the event the delivery of Energy is curtailed due to a reason that qualifies as a Compensated Curtailment, and such curtailment results in Lost Production, Seller shall be entitled to Lost Production Damages on a monthly basis as its sole and exclusive remedy and NorthWestern’s sole and exclusive liability; provided that this limitation on liability shall not apply to damages suffered by Seller due to NorthWestern’s gross negligence or willful misconduct.

  • Seller is not entitled to compensation for Lost Production Damages if Energy is curtailed due to any reason that qualifies as an Uncompensated Curtailment.


More Definitions of Lost Production Damages

Lost Production Damages means the amount of compensation, if any, Seller is entitled to receive as a result of Compensated Curtailment, calculated as follows: LPD = (LPOn-Peak * (CPOn-Peak + PTC)) + (LPOff-Peak * (CPOff-Peak + PTC)) Where “LPD” means the Lost Production Damages in respect to any applicable calendar month (expressed in dollars).
Lost Production Damages means the amount of compensation, if any, that Seller is entitled to receive as a result of Compensated Curtailment as calculated in Section 6.6.2.
Lost Production Damages means the amount of compensation, if any, Seller is

Related to Lost Production Damages

  • Consequential Damages means Losses claimed to have resulted from any indirect, incidental, reliance, special, consequential, punitive, exemplary, multiple or any other Loss, including damages claimed to have resulted from harm to business, loss of anticipated revenues, savings, or profits, or other economic Loss claimed to have been suffered not measured by the prevailing Party’s actual damages, and any other damages typically considered consequential damages under Applicable Law, regardless of whether the Parties knew or had been advised of the possibility that such damages could result in connection with or arising from anything said, omitted, or done hereunder or related hereto, including willful acts or omissions.

  • Direct Damage has the meaning given to it in clause 26.2;

  • Compensatory Damages are those amounts awarded to compensate for the actual damages sustained, and are not awarded as a penalty, nor fixed in amount by statute.

  • Consequential Loss means indirect or consequential loss or damage such as, but not limited to, loss of contract, bargain, expectation, opportunity, profit, production, revenue, anticipated cost reduction or interest payable howsoever caused, arising out of or in connection with this Contract.

  • Product Liability means any liability, claim or expense, including but not limited to attorneys’ fees and medical expenses, arising in whole or in part out of a breach of any express or implied product warranty by the Company, strict liability in tort, negligent manufacture of product, negligent provision of services, product recall, or any other allegation of liability arising from the design, testing, manufacture, packaging, labeling (including instructions for use), or sale of products.

  • Economic damages means objectively verifiable monetary losses, including medical expenses, loss of earnings, burial costs, loss of use of property, cost of replacement or repair, cost of obtaining substitute domestic services, loss of employment, and loss of business or employment opportunities.

  • Damages means any loss, claim, damage, liability, costs and expenses (including, without limitation, reasonable attorney's fees and disbursements and costs and expenses of expert witnesses and investigation).

  • Loss of Use means the total and irrecoverable loss of function of an arm, hand, foot, leg or thumb and index finger of the same hand provided such loss of function is continuous for 12 consecutive months and such loss of function is thereafter determined on evidence satisfactory to Chubb Life to be permanent.

  • Breach of Contract means the failure of a Party to perform any of its obligations in accordance with this Contract, in whole or in part or in a timely or satisfactory manner. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach. If Contractor is debarred or suspended under §24-109-105, C.R.S. at any time during the term of this Contract, then such debarment or suspension shall constitute a breach.

  • Indirect Losses means loss of profits, loss of production, loss of business, loss of business opportunity, or any claim for consequential loss or for indirect loss of any nature;

  • Noneconomic damages ’ means damages for phys-