Common use of Failure to Accept Certificates Clause in Contracts

Failure to Accept Certificates. To the extent that the Buyer fails to accept a quantity of Certificates in accordance with § 10 (Primary Obligations for Delivery and Acceptance of Certificates) during a Delivery Period, and such failure is not remedied within three (3) Business Days and is not excused by an event of Force Majeure or the Seller's non-performance, the Buyer shall pay the Seller as compensation for damages an amount for such quantity of non-accepted Certificates equal to the product of:

Appears in 9 contracts

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

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