Common use of Distribution Licensee Clause in Contracts

Distribution Licensee. The Rural System Operator may terminate the PPA and shall be free to sale power to third party provided connectivity can be established or Rural System Operator can claim Distribution Licensee to compensate Rural System Operator at Buyout price equivalent to prevalent book value of the Off‐ Grid Rural Energy System. .

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement