Common use of Geothermal Clause in Contracts

Geothermal. Delivery to the CfD Counterparty of Supporting Information evidencing entry by the Generator into a contract to drill the Facility’s first well. Delivery to the CfD Counterparty of Supporting Information evidencing any one of the following: (A) Entry by the Generator into an engineering, procurement and construction contract for the Facility, providing for the civil works to be undertaken in respect of the Material Equipment. (B) Entry by the Generator into a civil works contract to be undertaken in respect of the Material Equipment. (C) Entry by the Generator into: (i) a framework agreement for the civil works to be undertaken in respect of the Material Equipment; and (ii) a binding purchase order for the Material Equipment. For the purpose of this section of Part B, the following definition shall apply to this Contract for Difference:

Appears in 4 contracts

Sources: Private Network CFD Agreement, Private Network CFD Agreement, Private Network CFD Agreement