Shortage Fee definition
Examples of Shortage Fee in a sentence
The Shortage Fee payable hereunder shall constitute liquidated damages and Supplier shall not be liable to Buyer, the Distributors or members of Buyer's System for any other damages, so long as the events described in this Section 5.2 do not otherwise constitute a Supplier Default pursuant to Section 15.1.
The Shortage Fee payable hereunder shall constitute liquidated damages and Supplier shall not be liable to Buyer, the Distributors or members of Buyer's System for any other damages, so long as the events described in this Section 5.2 do not otherwise constitute a Supplier Default pursuant to Section 16.1.
Partial exercises of the Rights resulting in issuances of a portion of the total number of Reserved Shares available thereunder shall have the effect of lowering the outstanding number of Reserved Shares purchasable thereunder in an amount equal to the applicable number of Reserved Shares issued.
Upon execution of this Agreement, the Cities shall complete a rate study to establish the Base Fee and the Shortage Fee.