Capacity Charge (Non-Escalable Component) :CCnei Sample Clauses

Capacity Charge (Non-Escalable Component) :CCnei. The Capacity Charge (Non-Escalable Component) reflects, in part, the debt servicing obligations of the Seller. Accordingly, the Capacity Charge (Non-Escalable Component) set forth herein is based on certain assumptions relating to interest rates, repayment terms and grace periods applicable to the Seller's debt financing which are set forth in the financial model attached hereto as Annex A2 and incorporated herein by reference. The Capacity Charge (Non-Escalable Component) for each respective year, payable over the Term, expressed in US Dollars per MW per month is provided in Annex G hereto. The Capacity Charge (Non-Escalable Component) shall be adjusted on the Target CP Satisfaction Date to reflect the LIBOR (applicable for one-year debt) and the actual spread applied to the interest rate of the debt raised by the Seller, subject to a maximum spread of [] Such adjustments to the Capacity Charge (Non-Escalable Component) will be determined by only adjusting the model in Annex A2 to reflect the changes in the rates of LIBOR (applicable for one-year debt) and the actual spread applied to the interest rates of the debt raised by the Seller, while keeping all the other parameters of the model in Annex A2 constant. For the avoidance of doubt, changes in LIBOR and spread will result in changes of Annex A2 under the headings of interest, interest during construction, working capital, financing costs and the total project cost. For the purpose of calculating the interest rates under this paragraph, the Seller shall provide Purchaser the extracts from the relevant Financing Agreements, quotations for swap in the event that the Seller had not made itself available of a swap by the Target CP Satisfaction Date or such other supporting documentation as the Purchaser may reasonably require.
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