Common use of Amount Purchased Clause in Contracts

Amount Purchased. Commencing on the DATE OF INITIAL OPERATION, and thereafter during the term of the AGREEMENT, SELLER shall sell and deliver to PECO ENERGY exclusively, and PECO ENERGY shall purchase and accept delivery of, the PROJECT' S NET ELECTRIC OUTPUT; provided, however, that PECO ENERGY shall not be required to purchase or accept delivery of NET ELECTRIC OUTPUT from the PROJECT in excess of the lesser of (a) 119 megawatts or (b) the amount of electric output for which the FERC has certified the FACILITY as a QUALIFYING FACILITY.

Appears in 1 contract

Sources: Agreement for Purchase of Electric Output (NRG Generating U S Inc)

Amount Purchased. Commencing on the DATE OF INITIAL OPERATION, and thereafter during the term of the AGREEMENT, SELLER shall sell and deliver to PECO ENERGY exclusively, and PECO ENERGY shall purchase and accept delivery of, the PROJECT' S 's NET ELECTRIC OUTPUT; provided, however, that PECO ENERGY shall not be required to purchase or accept delivery of NET ELECTRIC OUTPUT from the PROJECT in excess of the lesser of (a) 119 31 megawatts or (b) the amount of electric output for which the FERC has certified the FACILITY as a QUALIFYING FACILITY.

Appears in 1 contract

Sources: Agreement for Purchase of Electric Output (Phase I) (NRG Generating U S Inc)