Seller Liquidated Damages definition

Seller Liquidated Damages as defined in Section 12.17(c).
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Seller Liquidated Damages shall have the meaning set forth in Section 8.3 hereof.
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Seller Liquidated Damages shall have the meaning set forth in Section 16(a).
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Examples of Seller Liquidated Damages in a sentence

  • Notwithstanding the foregoing, in no event shall Seller receive the Seller Liquidated Damages Amount if Seller receives the Specific Performance Liquidated Damages Amount.

  • Provided the respective Minimum Electrical Losses Guarantee is met by Seller, Liquidated Damages shall be assessed by Purchaser and Seller agrees to pay, at a rate per kW that the Electrical Losses of a Unit exceeds the corresponding Electrical Losses Guarantee while the Unit is operating at the base rated load which is set forth in Exhibit A.

  • Upon payment of the Seller Liquidated Damages Amount (and any amounts due and owing pursuant to Section 3(e) of Schedule 12.3), none of the Buyer Related Parties shall have any further liability or obligation relating to or arising out of this Agreement or the Contemplated Transactions, and no Person shall have any rights or claims against the Buyer Related Parties under this Agreement or otherwise, whether at Law or equity, in contract, in tort or otherwise.

  • The parties agree that the Seller Liquidated Damages are not intended as a penalty but as liquidated damages in a reasonable amount that will compensate Sellers for Buyers’ failure to consummate the Contemplated Transactions, which amount would otherwise be impossible to calculate with precision.

  • In no event shall the arbitrator have the authority to award Seller Liquidated Damages or damages of less than $5,600,000 or in excess of $7,000,000.

  • If the Seller fails to do so, or the Buyer is not convinced with the rationale provided by the Seller, Liquidated Damages up to/at 2% per month or part thereof, will be imposed.

  • The Financial Conduct Authorityregulates the financial services industry in the UK and their address is 00 Xxx Xxxxx Xxxxxxxxx, Xxxxxx Xxxxx, Xxxxxx, X00 0XX.

  • If this Agreement is terminated pursuant to Section 8.1(d), the sole and exclusive remedy of the CFC Parties and their Affiliates shall be strictly limited to retention of the Purchased Assets and the prompt payment by the Buyer to the Company of an amount not to exceed $100 million for any Losses on an after Tax basis actually incurred or suffered by the Sellers as a result of such breach, as liquidated damages (the "Seller Liquidated Damages").

Related to Seller Liquidated Damages

  • Delay Liquidated Damages has the meaning set forth in Section 13.1.

  • SPECIAL LIQUIDATED DAMAGES means the amount payable by the Transport Supplier in case of default arising out of Non-availability of vehicle(s)/crew when the Company's operations are normal and also Non-availability of services due to unauthorized / lightening strike by Transport Supplier or his/her crew for any reason whatsoever. The period of non-availability of services will be treated as shutdown and shall attract Special Liquidated damage at the rate of twice the pro- rata fixed charge per day. Special L.D. shall be levied irrespective of whether such default resulted in a shutdown for the whole day or part thereof.

  • Liquidated Damages means all liquidated damages then owing pursuant to Section 5 of the Registration Rights Agreement.

  • Performance Liquidated Damages means any liquidated damages resulting from the Project’s performance which are required to be paid by the EPC Contractor or any other Material Project Party for or on account of any diminution to the performance of the Project.

  • Liquidated Damages Amount has the meaning set forth in Section 2(e) hereof.

  • Damages Payment Date With respect to the Series A Notes, each Interest Payment Date.

  • Seller Damages shall have the meaning given to such term in Section 14.3.

  • Liquidated Damages Multiplier means, with respect to a particular Purchaser, (i) the product of the Common Unit Price multiplied by (ii) the number of Purchased Units purchased by such Purchaser that may not be disposed of without restriction and without the need for current public information pursuant to any section of Rule 144 (or any similar provision then in effect) under the Securities Act.

  • Closing Payment has the meaning set forth in Section 2.2.

  • Closing Payment Amount has the meaning specified in Section 1.5.

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Rejection Damages Claim means any Claim on account of the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code or the repudiation of such contract.

  • Indemnified Damages shall have the meaning assigned to such term in Section 6(a).

  • Deficiency Payment has the meaning set forth in Section 9(a).

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Damage Payment means the dollar amount equal to the amount initially posted as Project Development Security pursuant to Section 8.4(a).

  • Registration Default Damages shall have the meaning set forth in Section 8 hereof.

  • 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.

  • Resale Damages means, with respect to any Rejected Purchase, an amount equal to (a) the positive net amount, if any, by which the applicable Price that would have been paid pursuant to Section 5.1 hereof for such Rejected Purchase, had it been accepted, exceeds the Resale Price multiplied by the quantity of that Rejected Purchase, plus (b) any applicable penalties assessed by ISO-NE or any other Person against Seller as a result of Buyer’s failure to accept such Products. Seller shall provide a written statement explaining in reasonable detail the calculation of any Resale Damages.

  • Contingent Payments has the meaning set forth in Section 2.05(b).

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Contingent Payment shall have the meaning set forth in Section 2.2(a).

  • Noneconomic damages ’ means damages for phys-

  • Assumed Interest Amount With respect to any Distribution Date and Class of Subordinated Certificates, one month's interest accrued during the related Interest Accrual Period at the Pass-Through Rate for such Class on the applicable Assumed Balance immediately prior to that Distribution Date.

  • Cover Damages means, with respect to any Delivery Failure, an amount equal to (a) the positive net amount, if, any, by which the Replacement Price exceeds the applicable Price that would have been paid pursuant to Section 5.1 hereof, multiplied by the quantity of that Delivery Failure, plus (b) any applicable penalties and other costs assessed by ISO-NE or any other Person against Buyer as a result of Seller’s failure to deliver such Products in accordance with the terms of this Agreement. Buyer shall provide a statement for the applicable period explaining in reasonable detail the calculation of any Cover Damages.