Common use of Termination Due to Failure to Meet a Guaranteed Project Milestone Date Clause in Contracts

Termination Due to Failure to Meet a Guaranteed Project Milestone Date. If the Agreement is terminated by Company pursuant to Section 13.4 (Damages and Termination), Company shall be entitled to Termination Damages calculated by multiplying the Contract Capacity by $50/kW.

Appears in 31 contracts

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

Termination Due to Failure to Meet a Guaranteed Project Milestone Date. If the Agreement is terminated by Company pursuant to Section 13.4 (Damages and Termination), Company shall be entitled to Termination Damages calculated by multiplying the ▇▇▇▇ Contract Capacity by $50/kW.

Appears in 2 contracts

Sources: Energy Storage Purchase Agreement, Energy Storage Purchase Agreement

Termination Due to Failure to Meet a Guaranteed Project Milestone Date. If the Agreement is terminated by Company pursuant to Section 13.4 (Damages and Termination), Company shall be entitled to Termination Damages calculated by multiplying the Contract Capacity by $50/kW.kW.‌‌‌

Appears in 1 contract

Sources: Power Purchase Agreement

Termination Due to Failure to Meet a Guaranteed Project Milestone Date. If the Agreement is terminated by Company pursuant to Section 13.4 (Damages and Termination), Company shall be entitled to Termination Damages calculated by multiplying the Contract Capacity by $50/kW.__/kW. [DRAFTING NOTE: COMPANY WILL SPECIFY THE DOLLAR AMOUNT OF THE TERMINATION DAMAGES.]

Appears in 1 contract

Sources: Scheduled and Contingency Capacity Purchase Agreement (Sccpa)