Excess vPPA capacity Clause Samples

Excess vPPA capacity. If, prior to the date which is three years after the Separation Date, Novartis determines that it will divest its interest in (or sell surplus capacity under) any virtual Power Purchase Agreement (vPPA) project in any country in Europe existing at the Separation Date, it shall notify Sandoz of such divestment (or sale of surplus capacity) and Sandoz may indicate its interest in participating in any process initiated by Novartis or its Affiliates in respect of such divestment (or sale of surplus capacity).