Seller Liquidated Damages definition

Seller Liquidated Damages as defined in Section 12.17(c).
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Seller Liquidated Damages shall have the meaning set forth in Section 8.3 hereof.
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Seller Liquidated Damages shall have the meaning set forth in Section 16(a).
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Examples of Seller Liquidated Damages in a sentence

  • If the Seller fails to do so, or the Buyer is not convinced with the rationale provided by the Seller, Liquidated Damages up to/at 2% per month or part thereof, will be imposed.

  • Provided the respective Minimum Electrical Losses Guarantee is met by Seller, Liquidated Damages shall be assessed by Purchaser and Seller agrees to pay, at a rate per kW that the Electrical Losses of a Unit exceeds the corresponding Electrical Losses Guarantee while the Unit is operating at the base rated load which is set forth in Exhibit A.

  • Notwithstanding the foregoing, in no event shall Seller receive the Seller Liquidated Damages Amount if Seller receives the Specific Performance Liquidated Damages Amount.

  • Upon payment of the Seller Liquidated Damages Amount (and any amounts due and owing pursuant to Section 3(e) of Schedule 12.3), none of the Buyer Related Parties shall have any further liability or obligation relating to or arising out of this Agreement or the Contemplated Transactions, and no Person shall have any rights or claims against the Buyer Related Parties under this Agreement or otherwise, whether at Law or equity, in contract, in tort or otherwise.

  • If the Seller fails to do so, or the Buyer is not convinced with the rationale provided by the Seller, Liquidated Damages up to/at 1% per month or part thereof, will be imposed.

  • If the Seller fails to ship on or before said date, Purchaser shall assess the Seller Liquidated Damages in the sum of $250.00 per Calendar Day until delivery and final acceptance by Purchaser, and such charges will operate as a set-off to any funds owed by Purchaser to Seller.

  • Buyer and Seller agree that the payment to Seller of the Seller Liquidated Damages Amount shall be Seller’s sole remedy in the event this Transaction fails to close as a result of Buyer’s breach hereunder.

  • If the Seller fails to do so, or the Buyer is not convinced with thePage 10 of 38 rationale provided by the Seller, Liquidated Damages up to/at 2% per month or part thereof, will be imposed.

  • As a result, the Company continues to be dependent on third party financing to continue exploration and development activities on the Company’s properties, maintain capacity and satisfy contractual obligations including servicing the interest payments due on the Convertible Debentures and repaying the principal amount thereof at maturity (or sooner in the event of redemption in accordance with the terms of the Convertible Debentures.

  • If the Seller fails to do so, or the Buyer is not convinced with the rationale provided by thePage 10 of 24 Seller, Liquidated Damages up to/at 2% per month or part thereof, will be imposed.

Related to Seller Liquidated Damages

  • Delay Liquidated Damages has the meaning set forth in Section 13.1.

  • SPECIAL LIQUIDATED DAMAGES means the amount payable by the Transport Supplier in case of default arising out of Non-availability of vehicle(s)/crew when the Company's operations are normal and also Non-availability of services due to unauthorized / lightening strike by Transport Supplier or his/her crew for any reason whatsoever. The period of non-availability of services will be treated as shutdown and shall attract Special Liquidated damage at the rate of twice the pro- rata fixed charge per day. Special L.D. shall be levied irrespective of whether such default resulted in a shutdown for the whole day or part thereof.

  • Liquidated Damages means all liquidated damages then owing pursuant to Section 5 of the Registration Rights Agreement.

  • Performance Liquidated Damages means any liquidated damages resulting from the Project’s performance which are required to be paid by the EPC Contractor or any other Material Project Party for or on account of any diminution to the performance of the Project.

  • Liquidated Damages Amount has the meaning set forth in Section 2(e) hereof.

  • Damages Payment Date With respect to the Series A Notes, each Interest Payment Date.

  • Seller Damages shall have the meaning given to such term in Section 14.3.

  • Liquidated Damages Multiplier means the product of (i) the Purchased Unit Price and (ii) the number of Registrable Securities then held by the applicable Holder and included on the applicable Registration Statement.

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • Closing Fees means those fees required to be paid on the Closing Date pursuant to the Fee Letter.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Rejection Damages Claim means any Claim on account of the rejection of an Executory Contract or Unexpired Lease pursuant to section 365 of the Bankruptcy Code.

  • Indemnified Damages shall have the meaning assigned to such term in Section 6(a).

  • Deficiency Payment has the meaning set forth in Section 9(a).

  • Special Interest shall have the meaning assigned thereto in Section 2(c) hereof.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.

  • Damage Payment means the dollar amount equal to the amount to be posted as Project Development Security pursuant to Section 8.4(a)(i) hereof.

  • Registration Default Damages shall have the meaning set forth in Section 8 hereof.

  • Economic damages means objectively verifiable monetary losses, including medical expenses, loss of earnings, burial costs, loss of use of property, cost of replacement or repair, cost of obtaining substitute domestic services, loss of employment, and loss of business or employment opportunities.

  • Resale Damages means, with respect to any Rejected Purchase, an amount equal to (a) the positive net amount, if any, by which the applicable Price that would have been paid pursuant to Section 5.1 hereof for such Rejected Purchase, had it been accepted, exceeds the Resale Price multiplied by the quantity of that Rejected Purchase, plus (b) any applicable penalties assessed by ISO-NE or any other Person against Seller as a result of Buyer’s failure to accept such Products. Seller shall provide a written statement explaining in reasonable detail the calculation of any Resale Damages.

  • Contingent Payments has the meaning set forth in Section 2.02(a).

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Contingent Payment means any payment that has been (or is required to be) ------------------ made under any of the following circumstances:

  • Noneconomic damages ’ means damages for phys-

  • Cover Damages means, with respect to any Delivery Shortfall, an amount equal to (a) the positive net amount, if, any, by which the Replacement Price exceeds the applicable Price that would have been paid pursuant to Section 5.1 and the Cover Sheet, multiplied by the quantity of that Delivery Shortfall, plus (b) any applicable penalties and other costs assessed by ISO-NE or any other Person against Buyer as a result of Seller’s failure to deliver such Products in accordance with the terms of this Agreement. Buyer shall provide a statement for the applicable period explaining in reasonable detail the calculation of any Cover Damages.

  • Damages means any loss, claim, damage, liability, costs and expenses (including, without limitation, reasonable attorney's fees and disbursements and costs and expenses of expert witnesses and investigation).