Common use of Google Investor Internal Rate of Return Clause in Contracts

Google Investor Internal Rate of Return. The obligation of Google Investor to consummate its Document Closing Actions at the Document Closing shall be subject to the additional condition, at Document Closing, that the project and partnership financial model referenced in excel file “20110402 Partnership Modelv7.xlsx” used by Sponsor and Google Investor as of the Effective Date to determine Google Investor’s IRR for the Project and the Other Projects continues to show an IRR to Google Investor over the life of the Power Purchase Agreement for the Project and the Other Projects of no less than [*] in the aggregate and, if not, the Class C Adjustment Percentage (as defined in the Master Holdco LLC Agreement) shall be established at a level such that Google Investor is projected to achieve a [*] IRR for the Project and the Other Projects in the aggregate.