Common use of Obligation to Sell and Purchase Capacity Requirements Clause in Contracts

Obligation to Sell and Purchase Capacity Requirements. (a) During the Term, NEA shall sell to BECO and BECO shall purchase from NEA the Capacity Requirement. In the event there is no longer a market for Capacity in New England, NEA shall not be obligated to sell and BECO shall not be obligated to purchase the Capacity Requirement.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement (Nstar/Ma), Power Purchase Agreement (Nstar/Ma)

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Obligation to Sell and Purchase Capacity Requirements. (a) During the Term, NEA shall sell to BECO CECO and BECO CECO shall purchase from NEA the Capacity Requirement. In the event there is no longer a market for Capacity in New England, NEA shall not be obligated to sell and BECO CECO shall not be obligated to purchase the Capacity Requirement.

Appears in 2 contracts

Samples: Power Purchase Agreement (Nstar/Ma), Power Purchase Agreement (Nstar/Ma)

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