Common use of (d) and Section 5 Clause in Contracts

(d) and Section 5. 3 herein, the Company shall pay, on each Payment Date, the Contract Adjustment Payments payable in respect of each Purchase Contract to the Person in whose name a Certificate (or any Predecessor Certificate) is registered on the Security Register at the close of business on the Record Date relating to such Payment Date. The Contract Adjustment Payments will be payable at the Corporate Trust Office or, at the option of the Company, by check mailed to the address of the Person entitled thereto at such Person’s address as it appears on the Security Register or by wire transfer to an account appropriately designated in DB1/ 151940830.4 writing by the Person entitled to payment. The Contract Adjustment Payments will accrue from October 31, 2024.

Appears in 1 contract

Sources: Purchase Contract Agreement (Florida Power & Light Co)

(d) and Section 5. 3 herein, the Company shall pay, on each Payment Date, the Contract Adjustment Payments payable in respect of each Purchase Contract to the Person in whose name a Certificate (or any Predecessor Certificate) is registered on the Security Register at the close of business on the Record Date relating to such Payment Date. The Contract Adjustment Payments will be payable at the Corporate Trust Office or, at the option of the Company, by check mailed to the address of the Person entitled thereto at such Person’s address as it appears on the Security Register or by wire transfer to an account appropriately DB1/ 132079547.5 designated in DB1/ 151940830.4 writing by the Person entitled to payment. The Contract Adjustment Payments will accrue from October 31September 19, 20242022.

Appears in 1 contract

Sources: Purchase Contract Agreement (Florida Power & Light Co)