Common use of Limitation of Remedies, Liability and Damages Clause in Contracts

Limitation of Remedies, Liability and Damages. 55 13.1 Limitations on Liability 55 13.2 Risk of Loss 56 ARTICLE 14: INDEMNIFICATION 57 14.1 Indemnification 57 14.2 Survives Agreement 58 ARTICLE 15: FORCE MAJEURE 59 15.1 Force Majeure 59 15.2 Notification 59 ARTICLE 16: MISCELLANEOUS PROVISIONS 60 16.1 Notices 60 16.2 No Prejudice of Rights 60 16.3 Assignment 60 16.4 Governing Law and Venue 61 16.5 Regulatory Approvals 62 16.6 Headings 62 16.7 Third Party Beneficiaries 62 16.8 General Miscellaneous Provisions 63 16.9 Taxes 64 16.10 Audit 64 16.11 Rules of Interpretation 65 16.12 Confidentiality 66 16.13 Federal Acquisition Regulation 67 16.14 Binding Terms 68 16.15 Amendment 68 16.16 Counterparts 69 16.17 Successors 69 APPENDIX A- CREDIT REQUIREMENTS APPENDIX B – MTM EXPOSURE AMOUNT CALCULATION INFORMATION APPENDIX C - DS SUPPLY SPECIFICATIONS APPENDIX D – RESPONSIBILITIES FOR PJM BILLING LINE ITEMS AS DEFINED IN APPLICABLE PJM AGREEMENT OR MANUAL APPENDIX E – DS SUPPLIER'S OBLIGATIONS FOR AEPS COMPLIANCE SUPPLIER MASTER AGREEMENT FOR FOURTH DEFAULT SERVICE PLAN JUNE 1, 2021 – MAY 31, 2025 THIS SUPPLIER MASTER AGREEMENT, made and entered into this _____ day of __________, ____, by and between _______________________ (the "Company" and "Buyer"), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania [INSERT NAME OF SUPPLIER] ("DS Supplier"), the Company and the DS Supplier hereinafter sometimes referred to collectively as the "Parties", or individually as a "Party",

Limitation of Remedies, Liability and Damages. 55 76 13.1 Limitations on Liability 55 76 13.2 Risk of Loss 56 77 ARTICLE 14: 14 INDEMNIFICATION 57 77 14.1 Indemnification 57 77 14.2 Survives Agreement 58 80 ARTICLE 15: 15 FORCE MAJEURE 59 80 15.1 Force Majeure 59 80 15.2 Notification 59 80 ARTICLE 16: 16 MISCELLANEOUS PROVISIONS 60 81 16.1 Notices 60 81 16.2 No Prejudice of Rights 60 81 16.3 Effect of Regulatory or Legislative Actions 82 16.4 Assignment 60 16.4 83 16.5 Governing Law and Venue 61 16.5 Regulatory Approvals 62 16.6 84 16.7 Headings 62 16.7 84 16.8 Third Party Beneficiaries 62 16.8 84 16.9 General Miscellaneous Provisions 63 16.9 85 16.10 Taxes 64 16.10 86 16.11 Disclosure of Tax Treatment 87 16.12 Audit 64 16.11 88 16.13 Rules of Interpretation 65 16.12 88 16.14 Confidentiality 66 16.13 89 16.15 Federal Acquisition Regulation 67 16.14 90 16.16 Binding Terms 68 16.15 91 16.17 Amendment 68 16.16 91 16.18 Counterparts 69 16.17 and Electronic Signatures 92 16.19 Successors 69 93 APPENDIX A- CREDIT REQUIREMENTS A Maximum Unsecured Credit 96 APPENDIX B – MTM EXPOSURE AMOUNT CALCULATION INFORMATION MtM Exposure Amount Calculation Information 97 APPENDIX C DS Supply Specifications 000 XXXXXXXX X DS Supplier’s Obligations for AEPS Compliance 103 EXHIBIT 1 – TRANSACTION CONFIRMATION EXAMPLE 106 EXHIBIT 2 – AEPS OBLIGATION 108 EXHIBIT 3 – FORM OF NOTICE 110 EXHIBIT 4 – PJM DECLARATION OF AUTHORITY 112 EXHIBIT 5 - DS SUPPLY SPECIFICATIONS APPENDIX D PERFORMANCE ASSURANCE LETTER OF CREDIT 120 EXHIBIT 6 – RESPONSIBILITIES FOR PJM BILLING LINE ITEMS AS DEFINED IN APPLICABLE PJM AGREEMENT OR MANUAL APPENDIX E – DS SUPPLIER'S OBLIGATIONS FOR AEPS COMPLIANCE UNCONDITIONAL GUARANTY 124 PENNSYLVANIA DEFAULT SERVICE SUPPLIER MASTER AGREEMENT FOR FOURTH THIS DEFAULT SERVICE PLAN JUNE 1, 2021 – MAY 31, 2025 THIS SUPPLIER MASTER AGREEMENT, made and entered into this _____ day of __________, ____, by and between _ day of _____________________, ________ (“Effective Date”), by and between PPL Electric Utilities Corporation (the "“Company" ” and "“Buyer"”), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania [INSERT NAME OF SUPPLIER] and   ("“DS Supplier"”), the Company and the DS Supplier hereinafter sometimes referred to collectively as the "“Parties"”, or individually as a "“Party"”,

Limitation of Remedies, Liability and Damages. 55 60 13.1 Limitations on Liability 55 60 13.2 Risk of Loss 56 61 ARTICLE 14: INDEMNIFICATION 57 61 14.1 Indemnification 57 61 14.2 Survives Agreement 58 63 ARTICLE 15: FORCE MAJEURE 59 63 15.1 Force Majeure 59 63 15.2 Notification 59 64 ARTICLE 16: MISCELLANEOUS PROVISIONS 60 64 16.1 Notices 60 64 16.2 No Prejudice of Rights 60 65 16.3 Assignment 60 65 16.4 Governing Law and Venue 61 66 16.5 Regulatory Approvals 62 66 16.6 Headings 62 67 16.7 Third Party Beneficiaries 62 67 16.8 General Miscellaneous Provisions 63 67 16.9 Taxes 64 68 16.10 Audit 64 69 16.11 Rules of Interpretation 65 69 16.12 Confidentiality 66 70 16.13 Federal Acquisition Regulation 67 72 16.14 Binding Terms 68 72 16.15 Amendment 68 73 16.16 Counterparts 69 73 16.17 Successors 69 73 APPENDIX A- MAXIMUM UNSECURED CREDIT REQUIREMENTS APPENDIX B 00 XXXXXXXX X – MTM EXPOSURE AMOUNT CALCULATION INFORMATION ............................................................................................................. 77 APPENDIX C - DS SUPPLY SPECIFICATIONS 80 APPENDIX D – RESPONSIBILITIES FOR PJM BILLING LINE ITEMS AS DEFINED IN APPLICABLE PJM AGREEMENT OR MANUAL APPENDIX E ............................................................................................................. 00 XXXXXXXX X – DS SUPPLIER'S ’S OBLIGATIONS FOR AEPS COMPLIANCE 92 APPENDIX F - LETTER OF CREDIT DOCUMENTATION 107 APPENDIX G - GUARANTY 120 PENNSYLVANIA DEFAULT SERVICE SUPPLIER MASTER AGREEMENT FOR FOURTH THIS DEFAULT SERVICE PLAN JUNE 1, 2021 – MAY 31, 2025 THIS SUPPLIER MASTER AGREEMENT, made and entered into this _____ day of __________, ____(“Effective Date”), by and between _______________________ [Applicable EDC listed here - Metropolitan Edison Company, Pennsylvania Electric Company, Pennsylvania Power Company or West Penn Power Company] (the "“Company" ” and "“Buyer"”), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania [INSERT NAME OF SUPPLIER] ("“DS Supplier"”), the Company and the DS Supplier hereinafter sometimes referred to collectively as the "“Parties"”, or individually as a "“Party"”,

Limitation of Remedies, Liability and Damages. 55 77 13.1 Limitations on Liability 55 77 13.2 Risk of Loss 56 78 ARTICLE 14: 14 INDEMNIFICATION 57 79 14.1 Indemnification 57 79 14.2 Survives Agreement 58 82 ARTICLE 15: 15 FORCE MAJEURE 59 83 15.1 Force Majeure 59 83 15.2 Notification 59 83 ARTICLE 16: 16 MISCELLANEOUS PROVISIONS 60 83 16.1 Notices 60 83 16.2 No Prejudice of Rights 60 84 16.3 Effect of Regulatory or Legislative Actions 84 16.4 Assignment 60 16.4 85 16.5 Governing Law and Venue 61 16.5 Venue/Forum Selection 86 16.6 Regulatory Approvals 62 16.6 87 16.7 Headings 62 16.7 87 16.8 Third Party Beneficiaries 62 16.8 87 16.9 General Miscellaneous Provisions 63 16.9 88 16.10 Taxes 64 16.10 89 16.11 Disclosure of Tax Treatment 90 16.12 Audit 64 16.11 91 16.13 Rules of Interpretation 65 16.12 91 16.14 Confidentiality 66 16.13 92 16.15 Federal Acquisition Regulation 67 16.14 94 16.16 Binding Terms 68 16.15 94 16.17 Amendment 68 16.16 95 16.18 Counterparts 69 16.17 and Electronic Signatures 95 16.19 Successors 69 96 APPENDIX A- CREDIT REQUIREMENTS A Maximum Unsecured Credit 99 APPENDIX B – MTM EXPOSURE AMOUNT CALCULATION INFORMATION MtM Exposure Amount Calculation Information 100 APPENDIX C DS Supply Specifications 103 EXHIBIT 1 – TRANSACTION CONFIRMATION EXAMPLE 106 EXHIBIT 2 – FORM OF NOTICE 109 EXHIBIT 3 – PJM DECLARATION OF AUTHORITY 111 EXHIBIT 4a - DS SUPPLY SPECIFICATIONS APPENDIX D PERFORMANCE ASSURANCE EVERGREEN LETTER OF CREDIT 119 EXHIBIT 4b - PERFORMANCE ASSURANCE EVERGREEN LETTER OF CREDIT (ELECTRONIC “eUCP CREDIT”) 124 EXHIBIT 5 – RESPONSIBILITIES FOR PJM BILLING LINE ITEMS AS DEFINED IN APPLICABLE PJM AGREEMENT OR MANUAL APPENDIX E – DS SUPPLIER'S OBLIGATIONS FOR AEPS COMPLIANCE UNCONDITIONAL GUARANTY 130 PENNSYLVANIA DEFAULT SERVICE SUPPLIER MASTER AGREEMENT FOR FOURTH THIS DEFAULT SERVICE PLAN JUNE 1, 2021 – MAY 31, 2025 THIS SUPPLIER MASTER AGREEMENT, made and entered into this _____ day of __________, ____, by and between _ day of _____________________, ________ (“Effective Date”), by and between PPL Electric Utilities Corporation (the "“Company" ” and "“Buyer"”), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania [INSERT NAME OF SUPPLIER] and   ("“DS Supplier"”), the Company and the DS Supplier hereinafter sometimes referred to collectively as the "“Parties"”, or individually as a "“Party"”,