Common use of Offtake constraints due to Backdown Clause in Contracts

Offtake constraints due to Backdown. The SPG and PGVCL 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 SPG shall be eligible for a minimum generation compensation, from PGVCL, restricted to the following and there shall be no other claim, directly or indirectly against PGVCL.

Appears in 7 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Offtake constraints due to Backdown. The SPG and PGVCL 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 SPG shall be eligible for a minimum generation compensation, from PGVCL, restricted to the following and there shall be no other claim, directly or indirectly against PGVCL.

Appears in 1 contract

Samples: Power Purchase Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.