Common use of Failure to Deliver or Accept Clause in Contracts

Failure to Deliver or Accept. If specified as applying in Section B of Part I (Individual Terms), the failure of a Party to comply with its obligation to deliver or accept electricity (if "Physical Settlement" is specified as applying in Section A of Part I (Individual Terms)) or Certificates, and such failure is not cured within twenty (20) Business Days of a written demand, in both cases unless such obligation is released due to an event of Force Majeure.

Appears in 12 contracts

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

Failure to Deliver or Accept. If specified as applying in Section B of Part I (Individual Terms), the failure of a Party to comply with its obligation to deliver or accept electricity (if "Physical Settlement" is specified as applying in Section A of Part I (Individual Terms)) or Certificates, and such failure is not cured within twenty (20) Business Days of a written demand, in both cases unless such obligation is released due to an event of Force Majeure.. (c)

Appears in 2 contracts

Sources: Individual Power Purchase Agreement, Individual Power Purchase Agreement