Interconnection of the Isolated Mini-grid to the Main-grid Sample Clauses

Interconnection of the Isolated Mini-grid to the Main-grid. At least six (6) months prior to the expected Date of Interconnection of the Isolated Mini-grid to the Main-grid, the Buyer shall notify the Seller in writing about the intention to terminate this AGREEMENT. Notwithstanding such notification, this AGREEMENT shall remain in force until the actual conditions required for the Date of Interconnection of the Isolated Mini-grid and the Main-grid have been fulfilled. Upon such termination of this AGREEMENT, the Buyer shall be automatically entitled to, at his discretion, to enter into a new agreement based on the rules and regulations approved by the Regulator applicable to Small Power Projects on the Main-grid, with the buyer as defined in similar agreements executed for Small Power Projects at the time of termination. The effective date of such agreement shall be the Date of Interconnection of the Isolated Mini-grid and the Main-grid, to enable the Seller to continue to operate the Facility without any interruption. If, based on the rules and regulations prevailing at the time of such termination, there is more than one buyer eligible to enter into an agreement to purchase capacity and energy from Small Power Projects to the Main-grid, the Seller’s choice of buyer shall prevail. An application for interconnection and sale of electricity including an updated single-line diagram shall be submitted by the Seller to the new buyer no later than 90 days prior to the Date of Interconnection of the Isolated Mini-grid to the Main-grid. This application, upon its approval by the new buyer, which approval shall not be unreasonably withheld, shall immediately be followed by the execution of a Power Purchase Agreement between the new buyer and the Seller. The Term of such new Power Purchase Agreement shall be fifteen (15) years from the Date of Interconnection of the Isolated Mini-grid to the Main-grid.
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