Company Milestones. Company's obligation to achieve the Company Milestones is contingent upon Seller completing the Seller's Conditions Precedent set forth in Attachment K-1 (Company Milestones and Seller's Conditions Precedent). Company shall achieve each of the Company Milestones by the date set forth for such Company Milestones in Attachment K-1 (Seller's Conditions Precedent and Company Milestones) of this Agreement (each such date, a "Company Milestone Date"), as such date may be extended in accordance with Section 13.3 (Guaranteed Project and Reporting Milestone Dates) and this Section 13.8 (Company Milestones); provided, however in the event Seller does not complete a Seller's Condition Precedent on or before the applicable date set forth in Attachment K-1 (Seller's Conditions Precedent and Company Milestones), subject to the extensions set forth in Section 13.3 (Guaranteed Project and Reporting Milestone Dates), Company shall be entitled to an extension as follows: (i) for the commencement of Acceptance Testing, the new Company Milestone Date shall be as set forth in clause "(gg)" of Section 2(f)(i) of Attachment G (Company-Owned Interconnection Facilities); and (ii) for any other Company Milestone Date, the extension shall be for the period of time reasonably necessary to meet any such Company Milestone Date adversely affected by Seller's failure but no shorter than a day-for-day extension. CREDIT ASSURANCE AND SECURITY
Appears in 19 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Company Milestones. Company's ’s obligation to achieve the Company Milestones is contingent upon Seller completing the Seller's ’s Conditions Precedent set forth in Attachment K-1 (Company Milestones and Seller's ’s Conditions Precedent). Company shall achieve each of the Company Milestones by the date set forth for such Company Milestones in Attachment K-1 (Seller's ’s Conditions Precedent and Company Milestones) of this Agreement (each such date, a "“Company Milestone Date"”), as such date may be extended in accordance with Section 13.3 11.4 (Guaranteed Project and Reporting Milestone Dates) and this Section 13.8 11.5 (Company Milestones); provided, however in the event Seller does not complete a Seller's ’s Condition Precedent on or before the applicable date set forth in Attachment K-1 (Seller's Conditions Precedent and Company Milestones) (each such date, a “Seller’s Conditions Precedent Date”), subject to the extensions set forth in Section 13.3 11.4 (Guaranteed Project and Reporting Milestone Dates), Company shall be entitled to an extension as follows: (i) for the commencement of Acceptance Testing, the new Company Milestone Date shall be as set forth in clause "“(gg)" ” of Section 2(f)(i) of Attachment G (Company-Owned Interconnection Facilities); and (ii) for any other Company Milestone Date, the extension shall be for the period of time reasonably necessary to meet any such Company Milestone Date adversely affected by Seller's failure but failure, which extension shall be no shorter than a day-for-day extension. CREDIT ASSURANCE AND SECURITY.
Appears in 7 contracts
Samples: Energy Storage Power Purchase Agreement, Energy Storage Power Purchase Agreement, Energy Storage Power Purchase Agreement
Company Milestones. Company's obligation to achieve the Company Milestones is contingent upon Seller completing the Seller's Conditions Precedent set forth in Attachment K-1 (Company Milestones and Seller's Conditions Precedent). Company shall achieve each of the Company Milestones by the date set forth for such Company Milestones in Attachment K-1 (Seller's Conditions Precedent and Company Milestones) of this Agreement (each such date, a "Company Milestone Date"), as such date may be extended in accordance with Section 13.3 (Guaranteed Project and Reporting Milestone Dates) and this Section 13.8 (Company Milestones); provided, however in the event Seller does not complete a Seller's Condition Precedent on or before the applicable date set forth in Attachment K-1 (Seller's Conditions Precedent and Company Milestones), subject to the extensions set forth in Section 13.3 (Guaranteed Project and Reporting Milestone Dates), Company shall be entitled to an extension as follows: (i) for the commencement of Acceptance Testing, the new Company Milestone Date shall be as set forth in clause "(gg)" of Section 2(f)(i) of Attachment G (Company-Owned Interconnection Facilities); and (ii) for any other Company Milestone Date, the extension shall be for the a period of time reasonably necessary to meet any such Company Milestone Date adversely affected by Seller's failure but failure, which extension shall be no shorter than a day-for-day extension. CREDIT ASSURANCE AND SECURITY
Appears in 2 contracts
Company Milestones. Company's ’s obligation to achieve the Company Milestones is contingent upon Seller completing the Seller's ’s Conditions Precedent set forth in Attachment K-1 (Company Milestones and Seller's ’s Conditions Precedent). Company shall achieve each of the Company Milestones by the date set forth for such Company Milestones in Attachment K-1 (Seller's ’s Conditions Precedent and Company Milestones) of this Agreement (each such date, a "“Company Milestone Date"”), as such date may be extended in accordance with Section 13.3 11.4 (Guaranteed Project and Reporting Milestone Dates) and this Section 13.8 11.5 (Company Milestones); provided, however in the event Seller does not complete a Seller's ’s Condition Precedent on or before the applicable date set forth in Attachment K-1 (Seller's Conditions Precedent and Company Milestones) (each such date, a “Seller’s Conditions Precedent Date”), subject to the extensions set forth in Section 13.3 11.4 (Guaranteed Project and Reporting Milestone Dates), Company shall be entitled to an extension as follows: (i) for the commencement of Acceptance Testing, the new Company Milestone Date shall be as set forth in clause "(gg)" of Section 2(f)(i) of Attachment G (Company-Owned Interconnection Facilities); and (ii) for any other Company Milestone Date, the extension shall be for the a period of time reasonably necessary to meet any such Company Milestone Date adversely affected by Seller's failure but failure, which extension shall be no shorter than a day-for-day extension. CREDIT ASSURANCE AND SECURITY.
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Company Milestones. Company's ’s obligation to achieve the Company Milestones is contingent upon Seller completing the Seller's ’s Conditions Precedent set forth in Attachment K-1 (Company Milestones and Seller's ’s Conditions Precedent). Company shall achieve each of the Company Milestones by the date set forth for such Company Milestones in Attachment K-1 (Seller's ’s Conditions Precedent and Company Milestones) of this Agreement (each such date, a "“Company Milestone Date"”), as such date may be extended in accordance with Section 13.3 11.4 (Guaranteed Project and Reporting Milestone Dates) and this Section 13.8 11.5 (Company Milestones); provided, however in the event Seller does not complete a Seller's ’s Condition Precedent on or before the applicable date set forth in Attachment K-1 (Seller's Conditions Precedent and Company Milestones) (each such date, a “Seller’s Conditions Precedent Date”), subject to the extensions set forth in Section 13.3 Section 11.4 (Guaranteed Project and Reporting Milestone Dates), Company shall be entitled to an extension as for aas follows: (i) for the commencement of Acceptance Testing, the new Company Milestone Date shall be as set forth in clause "“(gg)" ” of Section 2(f)(i) of Attachment G (Company-Owned Interconnection Facilities); and (ii) for any other Company Milestone Date, the extension shall be for the period of time reasonably necessary to meet any such Company Milestone Date adversely affected by Seller's failure but failure, which extension shall be no shorter than a day-for-day extension. CREDIT ASSURANCE AND SECURITYextension.
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Company Milestones. Company's obligation to achieve the Company Milestones is contingent upon Seller Subscriber Organization completing the SellerSubscriber Organization's Conditions Precedent set forth in Attachment K-1 (Company Milestones and SellerSubscriber Organization's Conditions Precedent). Company shall achieve each of the Company Milestones by the date set forth for such Company Milestones in Attachment K-1 (SellerSubscriber Organization's Conditions Precedent and Company Milestones) of this Agreement (each such date, a "Company Milestone Date"), as such date may be extended in accordance with Section 13.3 (Guaranteed Project and Reporting Milestone Dates) and this Section 13.8 (Company Milestones); provided, however in the event Seller Subscriber Organization does not complete a SellerSubscriber Organization's Condition Precedent on or before the applicable date set forth in Attachment K-1 (SellerSubscriber Organization's Conditions Precedent and Company Milestones), subject to the extensions set forth in Section 13.3 (Guaranteed Project and Reporting Milestone Dates), Company shall be entitled to an extension as follows: (i) for the commencement of Acceptance Testing, the new Company Milestone Date shall be as set forth in clause "(gg)" of Section 2(f)(i) of Attachment G (Company-Owned Interconnection Facilities); and (ii) for any other Company Milestone Date, the extension shall be for the period of time reasonably necessary to meet any such Company Milestone Date adversely affected by SellerSubscriber Organization's failure but no shorter than a day-for-day extension. CREDIT ASSURANCE AND SECURITY.
Appears in 1 contract
Samples: Cbre Power Purchase Agreement
Company Milestones. Company's obligation to achieve the Company Milestones is contingent upon Seller Subscriber Organization completing the SellerSubscriber Organization's Conditions Precedent set forth in Attachment K-1 (Company Milestones and SellerSubscriber Organization's Conditions Precedent). Company shall achieve each of the Company Milestones by the date set forth for such Company Milestones in Attachment K-1 (SellerSubscriber Organization's Conditions Precedent and Company Milestones) of this Agreement (each such date, a "Company Milestone Date"), as such date may be extended in accordance with Section 13.3 (Guaranteed Project and Reporting Milestone Dates) and this Section 13.8 (Company Milestones); provided, however in the event Seller Subscriber Organization does not complete a SellerSubscriber Organization's Condition Precedent on or before the applicable date set forth in Attachment K-1 (SellerSubscriber Organization's Conditions Precedent and Company Milestones), subject to the extensions set forth in Section 13.3 (Guaranteed Project and Reporting Milestone Dates), Company shall be entitled to an extension as follows: (i) for the commencement of Acceptance Testing, the new Company Milestone Date shall be as set forth in clause "(gg)" of Section 2(f)(i) of Attachment G (Company-Owned Interconnection Facilities); and (ii) for any other Company Milestone Date, the extension shall be for the period of time reasonably necessary to meet any such Company Milestone Date adversely affected by SellerSubscriber Organization's failure but no shorter than a day-for-day extension. CREDIT ASSURANCE AND SECURITYSECURITY General. Subscriber Organization is required to post and maintain Development Period Security and Operating Period Security based on the requirements of this Article 14 (Credit Assurance and Security).
Appears in 1 contract
Samples: Power Purchase Agreement
Company Milestones. Company's obligation to achieve the Company Milestones is contingent upon Seller completing the Seller's Conditions Precedent set forth in Attachment K-1 (Company Milestones and Seller's Conditions Precedent). Company shall achieve each of the Company Milestones by the date set forth for such Company Milestones in Attachment K-1 (Seller's Conditions Precedent and Company Milestones) of this Agreement (each such date, a "Company Milestone Date"), as such date may be extended in accordance with Section 13.3 (Guaranteed Project and Reporting Milestone Dates) and this Section 13.8 (Company Milestones); provided, however in the event Seller does not complete a Seller's Condition Precedent on or before the applicable date set forth in Attachment K-1 (Seller's Conditions Precedent and Company Milestones), subject to the extensions set forth in Section 13.3 (Guaranteed Project and Reporting Milestone Dates), Company shall be entitled to an extension as follows: (i) for the commencement of Acceptance Testing, the new Company Milestone Date shall be as set forth in clause "(gg)" of Section 2(f)(i) of Attachment G (Company-Owned Interconnection Facilities); and (ii) for any other Company Milestone Date, the extension shall be for the period of time reasonably necessary to meet any such Company Milestone Date adversely affected by Seller's failure but no shorter than a day-for-day extension. CREDIT ASSURANCE AND SECURITY.
Appears in 1 contract
Samples: Power Purchase Agreement