Cancellation Costs definition
Examples of Cancellation Costs in a sentence
In the event the Interconnected Transmission Owner incurs Cancellation Costs, it shall provide the Transmission Provider, with a copy to the Interconnection Customer, with a written demand for payment and with reasonable documentation of such Cancellation Costs.
Upon the cancellation of the Interconnection Construction Service Agreement by the Interconnection Customer, the Interconnection Customer shall be liable to pay to the Interconnected Transmission Owner or Transmission Provider all Cancellation Costs in connection with Construction Service for the Interconnection Customer pursuant to this Interconnection Construction Service Agreement, including Section 14.3.1.2 of this Appendix 2.
Transmission Provider shall invoice Interconnection Customer pursuant to Section 9 of this Appendix 2 for Cancellation Costs for which the customer is liable under this section.
Interconnected Transmission Owner and Transmission Provider shall use due diligence to minimize Cancellation Costs in the event of a suspension of work.
The obligations of the Construction Parties hereunder with respect to payments, Cancellation Costs, warranties, liability and indemnification shall survive termination to the extent necessary to provide for the determination and enforcement of said obligations arising from acts or events that occurred while the Interconnection Construction Service Agreement was in effect.