Liquidated Damages Amount definition

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

Liquidated Damages Amount means the amounts to be repaid to Authority by Redeveloper pursuant to Section 6.02 of this Redevelopment Contract.

Liquidated Damages Amount has the meaning specified in Section 2(e) hereof.

Examples of Liquidated Damages Amount in a sentence

• In such an instance, the Authority may seek to enforce the terms of this Redevelopment Contract or exercise any other remedies that may be provided in this Redevelopment Contract or by applicable law; provided, however, that any defaults covered by this Section shall not give rise to a right or rescission on termination of this Redevelopment Contract, and shall not be covered by the Liquidated Damages Amount.

• If this § 4.4 is specified as applying in Section B of Part I (Individual Terms), where the Facility has not been Commissioned by the Late Commissioning Date, the Seller shall pay the Buyer the Daily Liquidated Damages Amount for every day until (and including) the date the Facility has been Commissioned, excluding any days where Commissioning is delayed by an event of Force Majeure.

• Interest shall accrue on the Liquidated Damages Amount at the rate of one percent (1%) over the prime rate as published and modified in the Wall Street Journal from time to time and interest shall commence from the date that the Agency gives notice to the Developer demanding payment.

• In the event of such failure to perform, breach or default occurs and is not cured in the period herein provided, the parties agree that the damages caused to the Agency would be difficult to determine with certainty and that a reasonable estimation of the amount of damages that could be incurred is the unpaid portion of the principal of the Bond as of the date of declaration of default (the "Liquidated Damages Amount").

• In such an instance, the Authority may seek to enforce the terms of this Redevelopment Contract or exercise any other remedies that may be provided in this Redevelopment Contract or by applicable law; provided, however, that the default covered by this Section shall not give rise to a right or rescission on termination of this Redevelopment Contract, and shall not be covered by the Liquidated Damages Amount.

More Definitions of Liquidated Damages Amount

Liquidated Damages Amount. See Section 2(e) hereof.

Liquidated Damages Amount has the meaning ascribed in Section 6.2.

Liquidated Damages Amount shall have the meaning set forth in the Note.

Liquidated Damages Amount means the amount that is the greater of:

Liquidated Damages Amount has the meaning specified in Section 2(c) of the Registration Rights Agreement.

Liquidated Damages Amount means, as of any date of determination, for a Defective Solar Asset an amount equal to the Securitization Share of DSAB of such Solar Asset immediately prior to becoming a Defective Solar Asset. For the avoidance of doubt the Liquidated Damages Amount will not be less than zero ($0).

Liquidated Damages Amount means the amount equal to the product obtained by multiplying (i) the purchase price (the “Purchase Price”) paid for the Registrable Securities by the Investor, by (ii) the Applicable Percentage (as defined below) by (iii) the number of 30-day periods (prorated for partial periods) after the Target Filing Date that the Registration Statement covering the Registrable Securities of the Investor is actually filed; provided, however, that there shall be excluded from such period any delays which are attributable (i) to Investor, or any other Investor who holds Registrable Securities, with respect to information relating to the Investors, including, without limitation, the plan of distribution or beneficial ownership of securities, or (ii) to the failure of any Investor (or legal counsel or other adviser to the Investor) to review of the Registration Statement in a reasonably prompt manner or (iii) any person or entity named in the Prospectus as an underwriter. The term “Applicable Percentage” means one half of one percent. (For example, if the Registration Statement is filed thirty days after the Target Filing Date, the Company would pay as the Damage Amount $500 for each $100,000 of the Purchase Price. In the sole discretion of the Company, the Company may issue to Investor in lieu of the cash payment described above, a number of shares of Common Stock of the Company equal to the quotient derived by dividing (i) the Damage Amount, by (ii) Purchase Price per share (as defined above).