GGO Clause Samples
The GGO (Gross Generation Output) clause defines how the total amount of electricity generated by a facility is measured and reported. Typically, this clause specifies the methods and equipment used to determine the gross output before any deductions for internal consumption or losses, and may outline the frequency and format of reporting such data. Its core practical function is to ensure transparency and consistency in quantifying the facility's total energy production, which is essential for accurate billing, compliance, and performance assessment.
GGO. The GGO Share Distribution and the issuance by GGO of the GGO Warrants shall have occurred in accordance with this Agreement. In connection with the implementation of the GGO Share Distribution, (i) the Company shall have provided each Purchaser with reasonable access to all relevant information and consulted and cooperated in good faith with each Purchaser and the GGO Representative with respect to the contribution of the Identified Assets to GGO in accordance with Section 2.1(a), and (ii) all actions taken by the Company and its Subsidiaries related thereto and all documentation related to the formation and organization of GGO, the implementation of the GGO Share Distribution, to separate the business of the Company and GGO and other intercompany arrangements between the Company and GGO, in each case, shall be reasonably satisfactory to each Purchaser and shall be in full force and effect.
GGO. The GGO Share Distribution shall have occurred.
GGO. The GGO Share Distribution (as defined in the Brookfield Agreement) shall have occurred.