Common use of Offtake constraints due to Backdown Clause in Contracts

Offtake constraints due to Backdown. The Solar Power Developer and SECI shall follow the forecasting and scheduling process as per the regulations in this regard by the Appropriate Commission. In the eventuality of backdown, subject to the submission of documentary evidences from the competent authority, the SPD shall be eligible for a minimum generation compensation, from SECI, restricted to the following and there shall be no other claim, directly or indirectly against SECI:.

Appears in 7 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Offtake constraints due to Backdown. The Solar Power Developer and SECI shall follow the forecasting and scheduling process as per the regulations in this regard by the Appropriate Commission. In the eventuality of backdown, subject to the submission of documentary evidences from the competent authority, the SPD shall be eligible for a minimum generation compensation, from SECI, restricted to the following and there shall be no other claim, directly or indirectly against SECI:.

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement

Offtake constraints due to Backdown. The Solar Power Developer and SECI shall follow the forecasting and scheduling process as per the regulations in this regard by the Appropriate Commission. In the eventuality of backdown, subject to the submission of documentary evidences from the competent authority, the SPD shall be eligible for a minimum generation compensation, from SECIBuying Entity, restricted to the following and there shall be no other claim, directly or indirectly against SECI:.

Appears in 1 contract

Sources: Power Purchase Agreement