Common use of Output Warranty Clause in Contracts

Output Warranty. The System’s electrical output during the first ten (10) years of the Lease Term shall not decrease by more than fifteen percent (15%). This output warranty is in addition to the Energy Production Guarantee in Section 2(b)(i) of this Exhibit 2 and you will be provided a refund check for underproduction as set forth in Section 2(b)(i).

Appears in 4 contracts

Samples: Lease Transfer Agreement, Lease Transfer Agreement, Agreement

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Output Warranty. The System’s electrical output during the first ten (10) years of the Lease Term shall not decrease by more than fifteen percent (15%). This output warranty is in addition to the Energy Production Guarantee in Section 2(b)(i2(c)(i) of this Exhibit 2 and you will be provided a refund check for underproduction as set forth in Section 2(b)(i2(c)(i).

Appears in 2 contracts

Samples: media.crmls.org, images.zerodown.com

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Output Warranty. The System’s rated electrical output during the first ten (10) years of the Lease Power Purchase Agreement Term shall not decrease by more than fifteen ten percent (1510%). This output warranty is in addition to the Energy Power Production Guarantee in Section 2(b)(i2(c)(i) of this Exhibit 2 Annexure C and you will be provided a refund check for underproduction as set forth in Section 2(b)(i2(c)(i).

Appears in 1 contract

Samples: Corporation Australia

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