Common use of Liquidated Damages Calculation Clause in Contracts

Liquidated Damages Calculation. I. Equation and Formulas for Calculating RA Deficiency Amount As provided in Section 3.3(e)(ii)(B), the formula for calculating the RA Deficiency Amount in a given RA Shortfall Month is: Where the: A. RA Value shall be $4,010/MW/Month in calendar year 2017 and shall escalate at 2.5% per year for each succeeding calendar year; and B. Expected Net Qualifying Capacity for projects that selected Full Capacity Deliverability Status shall be the product of the Contract Capacity and the applicable monthly Qualifying Capacity factor in the table below; or C. Expected Net Qualifying Capacity for Projects seeking Partial Capacity Deliverability Status shall be the product of the Partial Capacity Deliverability Status Amount and the applicable monthly Qualifying Capacity factor in the table below.. Jan 0.0% Feb 2.4% March 10.4% April 33.2% May 30.5% June 44.8% July 41.7% Aug 41.0% Sept 33.4% Oct 29.4% Nov 4.1% Dec 0.0%

Liquidated Damages Calculation. I. Equation and Formulas for Calculating RA Deficiency Amount As provided in Section 3.3(e)(ii)(B), the formula for calculating the RA Deficiency Amount in a given RA Shortfall Month is: Where the: A. RA Value shall be $4,010/MW/Month in calendar year 2017 and shall escalate at 2.5% per year for each succeeding calendar year; [PG&E may update to 2020 as base year] and B. Expected Net Qualifying Capacity for projects that selected Full Capacity Deliverability Status shall be the product of the Contract Capacity and the applicable monthly Qualifying Capacity factor in the table below; or C. Expected Net Qualifying Capacity for Projects seeking Partial Capacity Deliverability Status shall be the product of the Partial Capacity Deliverability Status Amount and the applicable monthly Qualifying Capacity factor in the table below.. Jan 0.0% Feb 2.4% March 10.4% April 33.2% May 30.5% June 44.8% July 41.7% Aug 41.0% Sept 33.4% Oct 29.4% Nov 4.1% Dec 0.0%