Failure to Accept Electricity Clause Samples
Failure to Accept Electricity. To the extent that the Buyer fails to accept a quantity of electricity in accordance with § 8 (Primary Obligations For Delivery and Acceptance of Electricity) during a Delivery Period, the Buyer shall pay the Seller as compensation for damages an amount for such quantity of non-accepted electricity equal to the product of:
(a) the amount, if positive, by which the Electricity Contract Price exceeds the price at which the Seller acting in a commercially reasonable manner is or would be able to sell or otherwise dispose of in the market the quantity of non-accepted electricity; and
(b) the quantity of non-accepted electricity, and such amount shall be increased by any Use of System Costs and other reasonable and verifiable costs and expenses incurred by the Seller as a result of the Buyer's failure.
Failure to Accept Electricity. To the extent that the Buyer fails to accept a quantity of electricity in accordance with § 8 (Primary Obligations For Delivery and Acceptance of Electricity) during a Delivery Period, the Buyer shall pay the Seller as compensation for damages an amount for such quantity of non-accepted electricity equal to the product of:
(a) the amount, if positive, by which the Electricity Contract Price exceeds the price at which the Seller acting in a commercially reasonable manner is or would be able to sell or otherwise dispose of in the market the quantity of non- accepted electricity; and przy czym do powyższej kwoty zostaną doliczone Koszty Korzystania z Systemu oraz inne uzasadnione i możliwe do zweryfikowania koszty poniesione przez Kupującego w wyniku niewykonania zobowiązań przez Sprzedającego.
Failure to Accept Electricity. To the extent that the Buyer fails to accept a quantity of electricity in accordance with § 8 (Primary Obligations For Delivery and Acceptance of Electricity) during a Delivery Period, the Buyer shall pay the Seller as compensation for damages an amount for such quantity of non-accepted electricity equal to the product of: 4. Incumplimiento en la Aceptación de Electricidad: En la medida en que el Comprador no acepte una cantidad de electricidad de acuerdo con la Sección 8 (Obligaciones Principales de Entrega y Aceptación de Electricidad) durante un Período de Entrega, el Comprador pagará al Vendedor en concepto de daños y perjuicios un importe por dicha cantidad de electricidad no aceptada equivalente al producto de:
(a) the amount, if positive, by which the Electricity Contract Price exceeds the price at which the Seller acting in a commercially reasonable manner is or would be able to sell or otherwise dispose of in the market the quantity of non- accepted electricity; and (b) the quantity of non-accepted electricity; and such amount shall be increased by any Use of System Costs and other reasonable and verifiable costs and expenses incurred by the Seller as a result of the Buyer's failure.
Failure to Accept Electricity. ORMECO, Inc. shall promptly notify WINNING BIDDER of the occurrence of any event, which result in the ORMECO Inc. 's being unable to accept the electricity in accordance with this Agreement. If the failure to accept electricity results to lower energy quantity than the agreed monthly contracted energy, WINNING BIDDER’s fixed costs shall still be paid provided that, upon ORMECO, Inc.’s evaluation and records, the Power Plant is capable of delivering the Guaranteed Dependable Capacity.