CP Delivery Option definition
CP Delivery Option has the meaning set forth in Section 11.2(b)(ii)(A).
Examples of CP Delivery Option in a sentence
Each Party agrees and acknowledges that the damages that Buyer would incur due to Seller’s failure to receive the RA Assessment and to forfeit the CP Delivery Option would be difficult or impossible to predict with certainty, and that the retention and liquidation of the Project Development Security contemplated by this Section 11.2(b)(ii)(B) are an appropriate approximation of such damages.
Buyer shall have forty-five (45) days from its receipt of the Notice of CP Delivery (the “CP Delivery Option Exercise Period”) to exercise the CP Delivery Option by giving Notice to Seller of Buyer’s exercise of the CP Delivery Option.