Common use of Daily Delay Damages Clause in Contracts

Daily Delay Damages. The amounts payable by Seller under Section 2.4(B)(3) (Daily Delay Damages and Termination Right) shall constitute Liquidated Damages under this Article 9 (Liquidated Damages) and Seller shall be pay such amounts in accordance with the provisions of Section 2.4(B)(3) (Daily Delay Damages and Termination Right).

Appears in 1 contract

Sources: Power Purchase Agreement

Daily Delay Damages. The amounts payable by Seller under Section 2.4(B)(32.4(D)(1)(b) (Daily Delay Damages and Termination RightDamages) shall constitute Liquidated Damages under this Article 9 (Liquidated Damages) and Seller shall be pay such amounts in accordance with the provisions of Section 2.4(B)(32.4(D)(1)(b) (Daily Delay Damages and Termination RightDamages).

Appears in 1 contract

Sources: Power Purchase Agreement (Hawaiian Electric Co Inc)