Common use of Duty/Right to Mitigate Clause in Contracts

Duty/Right to Mitigate. Each Party agrees that it has a duty to mitigate damages and may use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s non-performance of its obligations under this Agreement.

Appears in 5 contracts

Sources: Utility Agreement, Community Renewable Energy Program Agreement, Utility Agreement

Duty/Right to Mitigate. Each Party agrees that it has a duty to mitigate damages and may covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s performance or non-performance of its obligations under this Agreement.

Appears in 3 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Duty/Right to Mitigate. Each Party agrees that it has a duty to mitigate damages and may covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s non-performance or non- performance of its obligations under this Agreement.

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement