Common use of First Five Years Clause in Contracts

First Five Years. For the period beginning at 0000 hours on the Commercial Operation Date and ending at 2400 hours on the fifth (5th ) anniversary of the Commercial Operation Date, the Environmental Attributes Contract Rate for each MWh of net energy delivered to the Point of Delivery shall be six dollars and fifty cents ($6.50) per MWh.

Appears in 2 contracts

Sources: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement (Us Geothermal Inc)