Shortfall Damages definition

Shortfall Damages has the meaning specified in Section 6.5(c).
Shortfall Damages shall have the definition set forth in the Power Purchase Agreement
Shortfall Damages has the meaning set forth in Section 9.3.

Examples of Shortfall Damages in a sentence

  • Second, I would like to thank Erica Davis and Jess Murphy for not only offering additional critiques of this thesis, but also providing friendship and the much-needed support required to write a thesis.

  • Within 60 Days of the end of the Term, Seller shall provide for review and approval a determination of the final Contract Price Adjustment and Shortfall Damages Payment, given the Rate Cap Limit.

  • The Parties acknowledge and agree that the damages that Purchaser would incur due to shortfalls in Output would be difficult or impossible to predict with certainty, and it is impractical and difficult to assess actual damages in those circumstances and, therefore, Shortfall Damages are a fair and reasonable calculation of such damages.

  • In no event shall the Shortfall Damages be less than zero dollar ($0).

  • By the tenth (10th) day following the end of the calendar month in which Delay Damages or Capacity Shortfall Damages begin to accrue, as applicable, and continuing on the tenth (10th) day of each calendar month during the period in which Delay Damages accrue (and the following months, if applicable), PGE shall deliver to Seller an invoice showing PGE’s computation of such damages and any amount due PGE in respect thereof for the preceding calendar month.


More Definitions of Shortfall Damages

Shortfall Damages has the meaning set forth in Section 9.3. “Shortfall Energy” has the meaning set forth in Section 9.1.
Shortfall Damages means damages for Seller’s failure to provide the Committed Load Reduction during a Program Event or Capacity Test, the calculation of which shall be done pursuant to Section 4.9(c).
Shortfall Damages shall be determined by multiplying (x) Shortfall Energy, by (y) the positive difference, if any, of the Replacement Price less the PPA Price. The “Replacement Price” shall be the total price at which the Buyer would have to pay to purchase energy, RECs and capacity of comparable value to replace the Shortfall Energy.
Shortfall Damages has the meaning set forth in Section 4.1(b).
Shortfall Damages means and refer to the product of (x) the difference between (A) (Y)620,750,000 and (B) an amount equal to the Qualified Aggregate Net Sales (as defined below) of the Company for the six-month period ending September 30, 1998, multiplied by (y) 0.87, and (ii) the term "QUALIFIED AGGREGATE NET SALES" shall mean and refer to that portion of the Company's aggregate net sales with an average gross margin of no less than thirty five percent (35%).
Shortfall Damages has the meaning specified in Section 6.5(c). “Solar RFP” has the meaning set forth in the Recitals to this Agreement. “State” means the Commonwealth of Virginia.
Shortfall Damages means a payment in the amount equal to the product of the Shortfall and the Contract Price paid by Seller to Buyer.