Common use of Interest on Deferred Amounts and Offsets Clause in Contracts

Interest on Deferred Amounts and Offsets. To the extent that accrued Delay LDs exceed the Capacity Charges that would have been paid currently if the Facility or a Unit had achieved Commercial Operations on the Target COD, such amounts shall accrue interest at the Default Rate until recovered by Buyer through offsets against Capacity Charges as they come due.

Interest on Deferred Amounts and Offsets. To the extent ---------------------------------------- that accrued Delay LDs exceed the Capacity Charges that would have been paid currently if the Facility or a Unit had achieved Commercial Operations on the Target COD, such amounts shall accrue interest at the Default Rate until recovered by Buyer through offsets against Capacity Charges as they come due.