Common use of Failure to Accept Clause in Contracts

Failure to Accept. To the extent that the Accepting Party fails in whole or in part to accept the Contract Quantity in accordance with the Contract and such failure is not excused by an event of Force Majeure or the other Party’s non-performance, the Accepting Party shall pay the Delivering Party as compensation for damages an amount for the quantity of non-accepted electricity equal to the product of:

Appears in 3 contracts

Samples: www.ere.gov.al, www.ere.gov.al, mail.ere.gov.al

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Failure to Accept. To the extent that the Accepting Party fails in whole or in part to accept the Contract Quantity in accordance with the an Individual Contract and such failure is not excused by an event of Force Majeure or the other Party’s non-performance, the Accepting Party shall pay the Delivering Party as compensation for damages an amount for the quantity of non-accepted electricity equal to the product of:

Appears in 2 contracts

Samples: General Agreement, General Agreement

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