Common use of Increased Capacity Clause in Contracts

Increased Capacity. (a) No Increased Capacity shall be developed or implemented by the Owner for any Unit except in accordance with the provisions of Schedule F. (b) Throughout the Effective Term, the Owner shall have the right to the benefit of any Increased Capacity of each Unit and may sell to the Buyer Electricity produced by such Increased Capacity; and the Buyer shall pay the Owner for any such Electricity actually supplied by each Unit, all upon and subject to the terms and conditions of this Arrangement and the terms applicable to such Increased Capacity established pursuant to Schedule F.

Appears in 2 contracts

Sources: Power Purchase Arrangement, Power Purchase Arrangement