Common use of Limitation of Remedies, Liability and Damages Clause in Contracts

Limitation of Remedies, Liability and Damages. 76 13.1 Limitations on Liability 76 13.2 Risk of Loss 77 ARTICLE 14 INDEMNIFICATION 77 14.1 Indemnification 77 14.2 Survives Agreement 80 ARTICLE 15 FORCE MAJEURE 80 15.1 Force Majeure 80 15.2 Notification 80 ARTICLE 16 MISCELLANEOUS PROVISIONS 81 16.1 Notices 81 16.2 No Prejudice of Rights 81 16.3 Effect of Regulatory or Legislative Actions 82 16.4 Assignment 83 16.5 Governing Law and Venue 84 16.7 Headings 84 16.8 Third Party Beneficiaries 84 16.9 General Miscellaneous Provisions 85 16.10 Taxes 86 16.11 Disclosure of Tax Treatment 87 16.12 Audit 88 16.13 Rules of Interpretation 88 16.14 Confidentiality 89 16.15 Federal Acquisition Regulation 90 16.16 Binding Terms 91 16.17 Amendment 91 16.18 Counterparts and Electronic Signatures 92 16.19 Successors 93 APPENDIX A Maximum Unsecured Credit 96 APPENDIX B MtM Exposure Amount Calculation Information 97 APPENDIX C DS Supply Specifications 000 XXXXXXXX X DS Supplier’s Obligations for AEPS Compliance 103 EXHIBIT 1 – TRANSACTION CONFIRMATION EXAMPLE 106 EXHIBIT 2 – AEPS OBLIGATION 108 EXHIBIT 3 – FORM OF NOTICE 110 EXHIBIT 4 – PJM DECLARATION OF AUTHORITY 112 EXHIBIT 5 - PERFORMANCE ASSURANCE LETTER OF CREDIT 120 EXHIBIT 6 – UNCONDITIONAL GUARANTY 124 PENNSYLVANIA DEFAULT SERVICE SUPPLIER MASTER AGREEMENT THIS DEFAULT SERVICE SUPPLIER MASTER AGREEMENT, made and entered into this __________ day of _____________________, ________ (“Effective Date”), by and between PPL Electric Utilities Corporation (the “Company” and “Buyer”), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania and   (“DS Supplier”), the Company and the DS Supplier hereinafter sometimes referred to collectively as the “Parties”, or individually as a “Party”,

Limitation of Remedies, Liability and Damages. 76 55 13.1 Limitations on Liability 76 55 13.2 Risk of Loss 77 56 ARTICLE 14 14: INDEMNIFICATION 77 57 14.1 Indemnification 77 57 14.2 Survives Agreement 80 58 ARTICLE 15 15: FORCE MAJEURE 80 59 15.1 Force Majeure 80 59 15.2 Notification 80 59 ARTICLE 16 16: MISCELLANEOUS PROVISIONS 81 60 16.1 Notices 81 60 16.2 No Prejudice of Rights 81 60 16.3 Effect of Regulatory or Legislative Actions 82 Assignment 60 16.4 Assignment 83 16.5 Governing Law and Venue 84 61 16.5 Regulatory Approvals 62 16.6 Headings 62 16.7 Headings 84 16.8 Third Party Beneficiaries 84 16.9 62 16.8 General Miscellaneous Provisions 85 63 16.9 Taxes 64 16.10 Taxes 86 Audit 64 16.11 Disclosure of Tax Treatment 87 16.12 Audit 88 16.13 Rules of Interpretation 88 16.14 65 16.12 Confidentiality 89 16.15 66 16.13 Federal Acquisition Regulation 90 16.16 67 16.14 Binding Terms 91 68 16.15 Amendment 68 16.16 Counterparts 69 16.17 Amendment 91 16.18 Counterparts and Electronic Signatures 92 16.19 Successors 93 69 APPENDIX A Maximum Unsecured Credit 96 A- CREDIT REQUIREMENTS APPENDIX B MtM Exposure Amount Calculation Information 97 – MTM EXPOSURE AMOUNT CALCULATION INFORMATION APPENDIX C - DS Supply Specifications 000 XXXXXXXX X SUPPLY SPECIFICATIONS APPENDIX D – RESPONSIBILITIES FOR PJM BILLING LINE ITEMS AS DEFINED IN APPLICABLE PJM AGREEMENT OR MANUAL APPENDIX E – DS Supplier’s Obligations for SUPPLIER'S OBLIGATIONS FOR AEPS Compliance 103 EXHIBIT 1 – TRANSACTION CONFIRMATION EXAMPLE 106 EXHIBIT 2 – AEPS OBLIGATION 108 EXHIBIT 3 – FORM OF NOTICE 110 EXHIBIT 4 – PJM DECLARATION OF AUTHORITY 112 EXHIBIT 5 - PERFORMANCE ASSURANCE LETTER OF CREDIT 120 EXHIBIT 6 – UNCONDITIONAL GUARANTY 124 PENNSYLVANIA DEFAULT SERVICE COMPLIANCE SUPPLIER MASTER AGREEMENT THIS FOR FOURTH DEFAULT SERVICE PLAN JUNE 1, 2021 – MAY 31, 2025 THIS SUPPLIER MASTER AGREEMENT, made and entered into this _____ day of ______ day of _____, ____, by and between _____________________, ________ (“Effective Date”), by the "Company" and between PPL Electric Utilities Corporation (the “Company” and “"Buyer”"), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania and   [INSERT NAME OF SUPPLIER] (“"DS Supplier”"), the Company and the DS Supplier hereinafter sometimes referred to collectively as the “"Parties”", or individually as a “"Party”",

Limitation of Remedies, Liability and Damages. 76 77 13.1 Limitations on Liability 76 77 13.2 Risk of Loss 77 78 ARTICLE 14 INDEMNIFICATION 77 79 14.1 Indemnification 77 79 14.2 Survives Agreement 80 82 ARTICLE 15 FORCE MAJEURE 80 83 15.1 Force Majeure 80 83 15.2 Notification 80 83 ARTICLE 16 MISCELLANEOUS PROVISIONS 81 83 16.1 Notices 81 83 16.2 No Prejudice of Rights 81 84 16.3 Effect of Regulatory or Legislative Actions 82 84 16.4 Assignment 83 85 16.5 Governing Law and Venue 84 Venue/Forum Selection 86 16.6 Regulatory Approvals 87 16.7 Headings 84 87 16.8 Third Party Beneficiaries 84 87 16.9 General Miscellaneous Provisions 85 88 16.10 Taxes 86 89 16.11 Disclosure of Tax Treatment 87 90 16.12 Audit 88 91 16.13 Rules of Interpretation 88 91 16.14 Confidentiality 89 92 16.15 Federal Acquisition Regulation 90 94 16.16 Binding Terms 91 94 16.17 Amendment 91 95 16.18 Counterparts and Electronic Signatures 92 95 16.19 Successors 93 96 APPENDIX A Maximum Unsecured Credit 96 99 APPENDIX B MtM Exposure Amount Calculation Information 97 100 APPENDIX C DS Supply Specifications 000 XXXXXXXX X DS Supplier’s Obligations for AEPS Compliance 103 EXHIBIT 1 – TRANSACTION CONFIRMATION EXAMPLE 106 EXHIBIT 2 – AEPS OBLIGATION 108 EXHIBIT 3 – FORM OF NOTICE 110 109 EXHIBIT 4 3 – PJM DECLARATION OF AUTHORITY 112 111 EXHIBIT 5 4a - PERFORMANCE ASSURANCE EVERGREEN LETTER OF CREDIT 120 119 EXHIBIT 6 4b - PERFORMANCE ASSURANCE EVERGREEN LETTER OF CREDIT (ELECTRONIC “eUCP CREDIT”) 124 EXHIBIT 5 – UNCONDITIONAL GUARANTY 124 130 PENNSYLVANIA DEFAULT SERVICE SUPPLIER MASTER AGREEMENT THIS DEFAULT SERVICE SUPPLIER MASTER AGREEMENT, made and entered into this __________ day of _____________________, ________ (“Effective Date”), by and between PPL Electric Utilities Corporation (the “Company” and “Buyer”), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania and   (“DS Supplier”), the Company and the DS Supplier hereinafter sometimes referred to collectively as the “Parties”, or individually as a “Party”,

Limitation of Remedies, Liability and Damages. 76 60 13.1 Limitations on Liability 76 60 13.2 Risk of Loss 77 61 ARTICLE 14 14: INDEMNIFICATION 77 61 14.1 Indemnification 77 61 14.2 Survives Agreement 80 63 ARTICLE 15 15: FORCE MAJEURE 80 63 15.1 Force Majeure 80 63 15.2 Notification 80 64 ARTICLE 16 16: MISCELLANEOUS PROVISIONS 81 64 16.1 Notices 81 64 16.2 No Prejudice of Rights 81 65 16.3 Effect of Regulatory or Legislative Actions 82 Assignment 65 16.4 Assignment 83 16.5 Governing Law and Venue 84 66 16.5 Regulatory Approvals 66 16.6 Headings 67 16.7 Headings 84 16.8 Third Party Beneficiaries 84 16.9 67 16.8 General Miscellaneous Provisions 85 67 16.9 Taxes 68 16.10 Taxes 86 Audit 69 16.11 Disclosure of Tax Treatment 87 16.12 Audit 88 16.13 Rules of Interpretation 88 16.14 69 16.12 Confidentiality 89 16.15 70 16.13 Federal Acquisition Regulation 90 16.16 72 16.14 Binding Terms 91 72 16.15 Amendment 73 16.16 Counterparts 73 16.17 Amendment 91 16.18 Counterparts and Electronic Signatures 92 16.19 Successors 93 73 APPENDIX A Maximum Unsecured Credit 96 APPENDIX B MtM Exposure Amount Calculation Information 97 A- MAXIMUM UNSECURED CREDIT 00 XXXXXXXX X – MTM EXPOSURE AMOUNT CALCULATION INFORMATION ............................................................................................................. 77 APPENDIX C - DS Supply Specifications 000 SUPPLY SPECIFICATIONS 80 APPENDIX D – RESPONSIBILITIES FOR PJM BILLING LINE ITEMS AS DEFINED IN APPLICABLE PJM AGREEMENT OR MANUAL ............................................................................................................. 00 XXXXXXXX X – DS Supplier’s Obligations for SUPPLIER’S OBLIGATIONS FOR AEPS Compliance 103 EXHIBIT 1 – TRANSACTION CONFIRMATION EXAMPLE 106 EXHIBIT 2 – AEPS OBLIGATION 108 EXHIBIT 3 – FORM OF NOTICE 110 EXHIBIT 4 – PJM DECLARATION OF AUTHORITY 112 EXHIBIT 5 COMPLIANCE 92 APPENDIX F - PERFORMANCE ASSURANCE LETTER OF CREDIT DOCUMENTATION 107 APPENDIX G - GUARANTY 120 EXHIBIT 6 – UNCONDITIONAL GUARANTY 124 PENNSYLVANIA DEFAULT SERVICE SUPPLIER MASTER AGREEMENT THIS DEFAULT SERVICE SUPPLIER MASTER AGREEMENT, made and entered into this __________ day of _____________________, ________ (“Effective Date”), by and between PPL [Applicable EDC listed here - Metropolitan Edison Company, Pennsylvania Electric Utilities Corporation Company, Pennsylvania Power Company or West Penn Power Company] (the “Company” and “Buyer”), a corporation and a public utility organized and existing under the laws of the Commonwealth of Pennsylvania and   [INSERT NAME OF SUPPLIER] (“DS Supplier”), the Company and the DS Supplier hereinafter sometimes referred to collectively as the “Parties”, or individually as a “Party”,