Common use of Adjustments; Procedures for Payment Clause in Contracts

Adjustments; Procedures for Payment. The amounts of all of the liquidated damages set forth in Clauses 9.4.1 through 9.4.4 shall be adjusted from time to time in accordance with Schedule 6 and shall be payable in Dollars (or the equivalent Jamaican Dollars) using the Invoice Exchange Rate for Liquidated Damages. Liquidated damages arising under Clause 9.4.4 shall be billed and paid in accordance with the provisions of Clause 9.5. Liquidated damages arising under Clauses 9.4.1 through 9.4.3 shall be billed and paid in accordance with the provisions of Clause 9.6.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Adjustments; Procedures for Payment. The amounts of all of the liquidated damages set forth in Clauses 9.4.1 9.5.1 through 9.4.4 9.5.4 shall be adjusted from time to time-to-time in accordance with Schedule 6 and shall be payable in Dollars (or the equivalent Jamaican Dollars) using the Invoice Billing Exchange Rate for Liquidated Damages. Liquidated damages arising under Clause 9.4.4 9.5.4 shall be billed and paid in accordance with the provisions of Clause 9.5. Liquidated damages arising under Clauses 9.4.1 9.5.1 through 9.4.3 9.5.3 shall be billed and paid in accordance with the provisions of Clause 9.6.

Appears in 1 contract

Samples: Power Purchase Agreement

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