Common use of Duty to Mitigate Clause in Contracts

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreement.

Appears in 38 contracts

Samples: Default Supply Master Agreement, Requirements Service Agreement, Master Agreement

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Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.

Appears in 22 contracts

Samples: Wholesale Renewable Power Purchase Agreement, Guarantee Agreement, Power Purchase and Sale Agreement (El Paso Electric Co /Tx/)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance or non-performance of this Agreement.

Appears in 21 contracts

Samples: Electricity Service Agreement, Wholesale Transition Service Agreement (Montana Power Co /Mt/), Power Sales and Agency Agreement (Somerset Power LLC)

Duty to Mitigate. Each Except as expressly provided otherwise herein, each Party agrees that it has a duty to mitigate damages and covenants that it will shall use commercially reasonable efforts to minimize mitigate any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.

Appears in 19 contracts

Samples: Synchronous Condenser Agreement, Black Start Agreement, Synchronous Condenser Agreement

Duty to Mitigate. Each Party agrees that it has a duty to shall mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.

Appears in 7 contracts

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

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages Damages and covenants that it will use commercially reasonable efforts to minimize any damages Damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreement.

Appears in 6 contracts

Samples: Default Service Supplier Master Agreement, Master Agreement, Default Service

Duty to Mitigate. Each Party party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to party's performance or non-performance of this Agreement.

Appears in 5 contracts

Samples: Compression Services Agreement, Compression Services Agreement, Compression Services Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance or nonperformance of this Agreement.

Appears in 5 contracts

Samples: Power Purchase and Sale Agreement (Oglethorpe Power Corp), Power Purchase and Sale Agreement (Oglethorpe Power Corp), Power Purchase and Sale Agreement (Oglethorpe Power Corp)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s 's failure to perform pursuant to this Agreement.

Appears in 4 contracts

Samples: Supplier Master Agreement, Requirements Service Agreement (Baltimore Gas & Electric Co), Requirements Service Agreement (Constellation Energy Group Inc)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will shall use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.

Appears in 4 contracts

Samples: Asset Management Agreement (RGC Resources Inc), Asset Management Agreement (RGC Resources Inc), Energy Services and Sales Agreement

Duty to Mitigate. Each Party agrees that it party has a duty to mitigate damages and covenants liabilities that it will use commercially reasonable efforts to minimize any damages it may incur as a result of would otherwise be recoverable from the other Party’s failure to perform Party pursuant to this AgreementAgreement by taking commercially reasonable actions to reduce or limit the amount of such liabilities.

Appears in 4 contracts

Samples: Fuel Supply Agreement (Gevo, Inc.), Renewable Hydrocarbons Purchase and Sale Agreement (Gevo, Inc.), Fuel Supply Agreement (Gevo, Inc.)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreement.

Appears in 4 contracts

Samples: Master Agreement, Master Agreement, Master Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages under this Agreement and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the an Event of Default involving any other Party’s failure to perform pursuant to this Agreement.

Appears in 4 contracts

Samples: Third and Final Proposed, Initial Proposed, cms9files.revize.com

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants and that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance or non-performance of this Agreement.

Appears in 4 contracts

Samples: Transition Power Purchase Agreement (Orion Power Holdings Inc), Transition Power Purchase Agreement (NRG Energy Inc), Asset Sales Agreement (Orion Power Holdings Inc)

Duty to Mitigate. Each Party agrees that it has a duty shall use Commercially Reasonable Efforts to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreementagreement.

Appears in 3 contracts

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

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance of non-performance of this Agreement.. ARTICLE VI

Appears in 3 contracts

Samples: Master Emissions Allowance Purchase and Sale Agreement (Eme Homer City Generation Lp), Sale and Services Agreement (Eme Homer City Generation Lp), Master Purchase, Sale and Services Agreement (Midwest Generation LLC)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts Commercially Reasonable Efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreementperformance or non-performance of the PPA.

Appears in 3 contracts

Samples: Escrow Agreement, Wind Energy Purchase Agreement, Solar Energy Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.

Appears in 3 contracts

Samples: Storage Capacity Agreement, Storage Capacity Agreement, Wholesale Renewable Power and Storage Capacity Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s 's failure to perform pursuant to this Agreement.

Appears in 2 contracts

Samples: Master Agreement, Master Power Supply Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreementperformance or non-performance of the PPA.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Otter Tail Corp), Purchase and Sale Agreement (Otter Tail Corp)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreementor losses.

Appears in 2 contracts

Samples: Master Service Agreement, Master Service Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate the damages that would otherwise be recoverable from the other Party pursuant to a Service Agreement by taking appropriate and covenants that it will use commercially reasonable efforts actions to minimize any damages it may incur as a result reduce or limit the amount of the other Party’s failure to perform pursuant to this Agreementsuch damages.

Appears in 2 contracts

Samples: Master Services Agreement (NCR ATMCo, LLC), Master Services Agreement (NCR Corp)

Duty to Mitigate. Each Party party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Partyparty’s failure to perform pursuant to default or non-performance of this Agreement.

Appears in 2 contracts

Samples: Energy Management Services Agreement (First Wind Holdings Inc.), Energy Management Services Agreement (First Wind Holdings Inc.)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants and that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance or non- performance of this Agreement.

Appears in 2 contracts

Samples: Transition Power Purchase Agreement (NRG Energy Inc), Transition Power Purchase Agreement (NRG Energy Inc)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreement.Agreement.‌‌

Appears in 2 contracts

Samples: Master Agreement, Master Agreement

Duty to Mitigate. Each Except as expressly provided otherwise herein, each Party agrees that it has a duty to mitigate damages and covenants that it will shall use commercially reasonable efforts to minimize mitigate any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance or non-performance of this Agreement.

Appears in 2 contracts

Samples: TCR Account Holder Agreement, Market Participant Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will shall use commercially reasonable efforts to minimize any damages losses it may incur as a result of the other Party’s failure to perform pursuant to Party‟s performance or non- performance of this AgreementContract.

Appears in 2 contracts

Samples: Dhanbad Proforma Agreement, Dhanbad Proforma Agreement

Duty to Mitigate. Each Party agrees that it has Both Parties shall each have a duty to mitigate its damages pursuant to the Agreement, and covenants that it will each Party shall use commercially reasonable efforts to minimize any the damages it may incur as a result of the other Party’s failure to perform pursuant to this non-performance of the Agreement.

Appears in 2 contracts

Samples: Services Agreement, Services Agreement

Duty to Mitigate. Each Party agrees All Parties agree that it has they have a duty to mitigate damages and covenants that it they will use commercially reasonable Commercially Reasonable efforts to minimize any damages it they may incur as a result of the any other Party’s failure to perform pursuant to performance or non-performance of this Agreement.

Appears in 2 contracts

Samples: Competitive Electric Supply Agreement, Competitive Electric Supply Agreement

Duty to Mitigate. Each Party Xxxx Xxxxx agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Management Agreement (RGC Resources Inc)

Duty to Mitigate. Each Indemnified Party agrees that it has a acknowledges its duty to mitigate damages under applicable Law and covenants that it will use hereby agrees to take, and cause its Affiliates to take, all commercially reasonable efforts steps to minimize mitigate any damages it may incur as a result Loss to the extent required by applicable Law upon becoming aware of the other Party’s failure to perform pursuant to this Agreementany event or circumstance that would be reasonably expected to, or does, give rise thereto.

Appears in 1 contract

Samples: Master Transaction Agreement (Arcadia Biosciences, Inc.)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this AgreementREPA.

Appears in 1 contract

Samples: Renewable Energy Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or nonperformance of this Agreement.

Appears in 1 contract

Samples: Power Purchase Agreement

Duty to Mitigate. Each Party party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to party's default or non-performance of this Agreement.

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will shall use commercially reasonable efforts Commercially Reasonable Efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to Default under this Transmission Agreement.

Appears in 1 contract

Samples: Long Term Transmission Service Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially its best reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts Commercially Reasonable Efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Consortium Agreement

Duty to Mitigate. Each Notwithstanding any other provision of this Agreement, each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreementperformance or non-performance.

Appears in 1 contract

Samples: Power Purchase Agreement (Kgen Power Corp)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Transition Power Purchase Agreement (Somerset Power LLC)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.Agreement.‌

Appears in 1 contract

Samples: Energy Purchase Agreement

Duty to Mitigate. Each Party agrees Exxx Xxxxx xgrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Management Agreement (RGC Resources Inc)

Duty to Mitigate. Each Notwithstanding any other provision of this Agreement, each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreementperformance or non- performance.

Appears in 1 contract

Samples: Power Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non- performance of this AgreementPPA.

Appears in 1 contract

Samples: Power Purchase Agreement

Duty to Mitigate. Each Party agrees that it is has a duty to mitigate damages damages, and each covenants that it will shall use commercially reasonable efforts Commercially Reasonable Efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or nonperformance of this Agreement.

Appears in 1 contract

Samples: Power Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.PPA.‌

Appears in 1 contract

Samples: Power Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to shall mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.Agreement.‌

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages damages, and covenants that it will shall use commercially reasonable efforts Reasonable Efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement, but in no event shall the mitigating Party be required to pay any amounts to the non- performing Party in connection with such mitigation.

Appears in 1 contract

Samples: Distribution System Interconnection Agreement

Duty to Mitigate. Each Notwithstanding any other provision of this Agreement, each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or nonperformance under this Agreement.Agreement.‌

Appears in 1 contract

Samples: Energy Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform 's performance or nonperformance of this Agreement. ** Material has been omitted pursuant to this Agreementa request to the Commission for confidential treatment and has been filed separately with the Commission.

Appears in 1 contract

Samples: Power Purchase and Sale Agreement (Lg&e Energy Corp)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize minimise any damages cost, expense, damage or loss it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Power Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreement.it

Appears in 1 contract

Samples: Power Sales and Agency Agreement (Louisiana Generating LLC)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this AgreementPPA.

Appears in 1 contract

Samples: Power Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will party shall use commercially reasonable efforts to minimize mitigate any damages loss which it may suffer or incur as a result by reason of the breach by the other Party’s failure to perform pursuant to party of any of its representations, warranties or covenants under this Agreement, provided that no party shall be required to incur any costs or to institute any legal proceedings in making such efforts.

Appears in 1 contract

Samples: Asset Purchase Agreement (Apogee Enterprises, Inc.)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the any other Party’s failure to perform pursuant to 's performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Portfolio Sale and Assignment and Transition Service and Default Service Supply Agreement (Unitil Corp)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate the damages and covenants losses that it will use commercially reasonable efforts to minimize any damages it may incur as a result of would otherwise be recoverable from the other Party’s failure to perform Party pursuant to this AgreementAgreement (including under any indemnity) by taking appropriate and commercially reasonable actions to reduce or limit the amount of such damages or amounts.

Appears in 1 contract

Samples: Master Application Services Agreement (Hawaiian Telcom Holdco, Inc.)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreementin accordance with Applicable Law.

Appears in 1 contract

Samples: Power Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate the damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of would otherwise be recoverable from the other Party’s failure to perform Party pursuant to this AgreementAgreement by taking appropriate actions within agreed upon scope, timeline, resources, and financials to reduce or limit the amount of such damages.

Appears in 1 contract

Samples: Master Services Agreement (WGL Holdings Inc)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages under applicable law and covenants that it will use commercially reasonable efforts efforts, to the extent required under applicable law, to minimize any damages it may incur as a result of the other another Party’s failure to perform pursuant to 's default or non-performance of this Agreement.

Appears in 1 contract

Samples: Power Purchase and Sale Agreement (Central Vermont Public Service Corp)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may suffer or incur as a result of the breach by the other Party’s failure to perform pursuant to Party of any of its representations, warranties, covenants or agreements under this Agreement.

Appears in 1 contract

Samples: Logistics Services Agreement (KFX Inc)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages that it may incur as a result of the other Party’s failure to perform pursuant to default or non-performance of this Agreement.

Appears in 1 contract

Samples: Power Purchase Agreement (Chugach Electric Association Inc)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this performance or non-performance of the Agreement.

Appears in 1 contract

Samples: Renewable Energy Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure 's performance or non-performance of the Agreement. The contents of this document are subject to perform pursuant to this Agreementrestrictions on disclosure as set forth herein.

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement (Raser Technologies Inc)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to Parry's performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Power Sales and Agency Agreement (Somerset Power LLC)

Duty to Mitigate. Each Except as otherwise provided by Section 5.2, each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Natural Gas Tolling Agreement

Duty to Mitigate. Each Notwithstanding any other provision of this Agreement, each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreement.performance or non- performance. PUBLIC DISCLOSURE EXECUTION VERSION

Appears in 1 contract

Samples: Guaranty Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of an Event of Default involving the other Party’s failure to perform pursuant to this Agreement.

Appears in 1 contract

Samples: Repurchase Agreement (FCStone Group, Inc.)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts consistent with Prudent Utility Practice to minimize any damages it may incur as a result of the any other Party’s failure to perform pursuant to 's breach, default or non-performance of this Agreement.. [REMAINDER OF PAGE INTENTIONALLY BLANK- SIGNATURE PAGE(S) FOLLOW]

Appears in 1 contract

Samples: Agreement for Base, Intermediate and Peaking Purchase and Sale

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure performance or non-performance of this Agreement except that neither Party shall be required to perform pursuant to enter into a replacement transaction as provided under this Agreement.

Appears in 1 contract

Samples: Coal Purchase Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result because of the other Party’s failure to perform pursuant to this Agreementperformance or non-performance of the PPA.

Appears in 1 contract

Samples: Purchase Power Agreement

Duty to Mitigate. Each Notwithstanding any other provision of this Agreement, each Party agrees that it has a a‌ duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to this Agreementperformance or non-performance.

Appears in 1 contract

Samples: Pro Forma Version

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants agrees that it will use commercially reasonable efforts to minimize any damages it that may incur as a result of the other Party’s failure to perform pursuant to this performance or non-performance of the Agreement.

Appears in 1 contract

Samples: Energy Purchase Power Agreement (El Paso Electric Co /Tx/)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts Commercially Reasonable Efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.PPA. 28 Article 12 Seller Credit Support 28

Appears in 1 contract

Samples: www.aesindiana.com

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use in a commercially reasonable efforts manner to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Project Services Agreement

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to Part's performance or non-performance of this Agreement.

Appears in 1 contract

Samples: Power Sales and Agency Agreement (Somerset Power LLC)

Duty to Mitigate. Each Party agrees that it has a duty to mitigate damages and covenants that it will use commercially reasonable efforts to minimize any damages it may incur as a result of the other Party’s failure to perform pursuant to 's performance of non-performance of this Agreement.

Appears in 1 contract

Samples: Sale and Services Agreement (Midwest Generation LLC)

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