Common use of Indemnifiable Losses Clause in Contracts

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment of such losses after a valid notice under this Article 14.3, such event shall constitute a payment default under Article 13.

Appears in 49 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Indemnifiable Losses. 14.3.1 10.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b10.1.1(b) or 14.1.2(b10.1.2 (b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.310.3, such event shall constitute a payment default under Article 139.

Appears in 11 contracts

Samples: Power Sale Agreement, Power Sale Agreement, Power Sale Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.3Article14, such event shall constitute a payment default under Article 13Article13.

Appears in 9 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 17.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party indemnifying party pursuant to Article 14.1.1(b17.1.1(b) or 14.1.2(b17.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party indemnifying party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.317, such event shall constitute a payment default under Article 1316.

Appears in 8 contracts

Samples: Pumped Hydro Storage Power Procurement Agreement, Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non- payment of such losses after a valid notice under this Article 14.3, such event shall constitute a payment default under Article 13.

Appears in 8 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 17.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party indemnifying party pursuant to Article 14.1.1(b17.1.1(b) or 14.1.2(b17.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party indemnifying party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment of such losses after a valid notice under this Article 14.317, such event shall constitute a payment default under Article 13.16

Appears in 7 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.3, such event shall constitute a payment default under Article 13.

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.3Article14, such event shall constitute a payment default under Article 13.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.314, such event shall constitute a payment default under Article 13.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying theIndemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment of such losses after a valid notice under this Article 14.3, such event shall constitute a payment default under Article 13.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.3Article14, such event shall constitute a payment default under Article 13.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 17.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party indemnifying party pursuant to Article 14.1.1(b17.1.1(b) or 14.1.2(b17.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party indemnifying party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by Lossesby the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.317, such event shall constitute a payment default under Article 1316.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 10.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b10.1.1(b) or 14.1.2(b7.1(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.310.3, such event shall constitute a payment default under Article 139.

Appears in 3 contracts

Samples: Standard Power Sale Agreement, Standard Power Sale Agreement, Standard Power Sale Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b12.1.1(b) or 14.1.2(b12.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.312, such event shall constitute a payment default under Article 1310.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 17.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party indemnified party pursuant to Article 14.1.1(b17.1.1(b) or 14.1.2(b17.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party indemnified party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.317, such event shall constitute a payment default under Article 1316.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 15.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b15.1.1(b) or 14.1.2(b15.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment of such losses after a valid notice under this Article 14.315.3, such event shall constitute a payment default under Article 13.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Indemnifiable Losses. 14.3.1 10.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b10.1.1(b) or 14.1.2(b10.1.2 (b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non- payment of such losses after a valid notice under this Article 14.310.3, such event shall constitute a payment default under Article 139.

Appears in 2 contracts

Samples: Power Sale Agreement, Power Sale Agreement

Indemnifiable Losses. 14.3.1 10.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b10.1.1(b) or 14.1.2(b10.1.2 (b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.310.3, such event shall constitute a payment default under Article 139.

Appears in 2 contracts

Samples: Standard Power Sale Agreement, Standard Power Sale Agreement

Indemnifiable Losses. 14.3.1 15.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b15.1.1(b) or 14.1.2(b15.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non- payment of such losses after a valid notice under this Article 14.315.3, such event shall constitute a payment default under Article 13.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 14.3.1. Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment of such losses after a valid notice under this Article 14.3, such event shall constitute a payment default under Article 13.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 12.5.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b12.1.1(b) or 14.1.2(b12.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.312.5, such event shall constitute a payment default under Article 1311.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party indemnified party pursuant to Article 14.1.1(bClause 11.1.1(b) or 14.1.2(b11.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party indemnified party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.3Article11, such event shall constitute a payment default under Article 139.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 11.4.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b11.1.1(b) or 14.1.2(b11.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non- payment of such losses after a valid notice under this Article 14.311.4, such event shall constitute a payment default under Article 1310.

Appears in 1 contract

Samples: Power Purchase Agreement

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Indemnifiable Losses. 14.3.1 10.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b10.1.1(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses IndemnifiableLosses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.310.3, such event shall constitute a payment default under Article 139.

Appears in 1 contract

Samples: Standard Power Sale Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.30, such event shall constitute a payment default under Article 13.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.30, such event shall constitute a payment default under Article 13.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.3, such event shall constitute a payment default under Article 13.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 17.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b17.1.1(b) or 14.1.2(b17.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.317, such event shall constitute a payment default under Article 1316.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 10.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b10.1.1(b) or 14.1.2(b10.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment of such losses after a valid notice under this Article 14.310.3, such event shall constitute a payment default under Article 139.

Appears in 1 contract

Samples: Power Sale Agreement

Indemnifiable Losses. 14.3.1 11.4.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b11.1.1(b) or 14.1.2(b11.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.311.4, such event shall constitute a payment default under Article 1310.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b14.1.1(ii) or 14.1.2(b14.1.2(ii), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment of such losses after a valid notice under this Article 14.3, such event shall constitute a payment default under Article 13.

Appears in 1 contract

Samples: Standard Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b14.1.2 (b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment of such losses after a valid notice under this Article 14.3, such event shall constitute a payment default under Article 13.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non- payment of such losses after a valid notice under this Article 14.3Article14, such event shall constitute a payment default under Article 13Article13.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 13.3.1. Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b13.1.1(b) or 14.1.2(b), the 13.1.2(b)the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment of such losses after a valid notice under this Article 14.313.3, such event shall constitute a payment default under Article 1312.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 12.4.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b12.1.1(b) or 14.1.2(b12.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non payment of such losses after a valid notice under this Article 14.312.4, such event shall constitute a payment default under Article 1311.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.3thisArticle14, such event shall constitute a payment default under Article 13Article13.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 Where 14.3.1Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.3Article14, such event shall constitute a payment default under Article 13Article13.

Appears in 1 contract

Samples: Power Purchase Agreement

Indemnifiable Losses. 14.3.1 10.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party pursuant to Article 14.1.1(b) or 14.1.2(b10.1.1(b), the Indemnified Party shall promptly notify the Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of nonpayment non-payment of such losses after a valid notice under this Article 14.310.3, such event shall constitute a payment default under Article 139.

Appears in 1 contract

Samples: Power Purchase Agreement

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