Expected definition
Examples of Expected in a sentence
As an alternative to paying GEP liquidated damages, Seller may, with the prior consent of Buyer, provide Replacement Product in an amount not to exceed [ ]% of the Expected Energy for the previous Contract Year.
Expected commitment will vary depending on the needs of the department.
The City will issue a Notice to Proceed, which Notice to Proceed shall state the dates for beginning Work (“Commencement Date”) and the Expected Date of Final Completion (defined in Section 4(A) below).
Seller shall establish the Security Fund at a level of One Hundred Dollars ($100) per kW of the Expected Nameplate Capacity (the “Required Amount”), thirty percent (30%) of which shall be established no later than five (5) Business Days following the Effective Date.
If Seller has not achieved Commercial Operation of the Facility at the Expected Nameplate Capacity on or before one hundred twenty (120) Days after the Commercial Operation Date, then no later than one hundred fifty (150) Days after the Commercial Operation Date, Seller shall pay to EPE as liquidated damages and not as a penalty the amount of [_______ Dollars ($_____)] per MW of Reduced Capacity (“Capacity Shortfall Damages”).