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.