Monetary Adjustments. The Parties agree that any adjustments to the monetary consideration that Contractor is to provide Customer under this Agreement are reasonable estimates of the damages that Customer may suffer in light of the anticipated harm associated with the event related thereto and such adjustments to the monetary consideration that Contractor is to provide Customer do not constitute penalties.
Appears in 2 contracts
Sources: Operation and Services Agreement (Golar LNG Partners LP), Operation and Services Agreement (Golar LNG Partners LP)