Common use of Payments to NYSERDA Clause in Contracts

Payments to NYSERDA. Section 8.03, -------------------------------------------- Payments to NYSERDA, (a), Payments to NYSERDA, subparagraph (1), second ------------------- ------------------- paragraph Delete the first sentence and Substitute the following sentence, ------ ---------- "The Contractor's obligation to make payments to NYSERDA under this subparagraph (1) shall extend for a period of 15 years thereafter or until the Contractor has paid to NYSERDA $4,200,000, whichever occurs first, commencing with the date of the filing of the Final Report to NYSERDA."

Payments to NYSERDA. Section 8.03, -------------------------------------------- Payments to NYSERDA, (a), Payments to NYSERDA, subparagraph (12), second ------------------- ------------------- paragraph paragraph. . Delete the first sentence and Substitute the following sentence, "The ------ ---------- "The Contractor's obligation to make payments to NYSERDA under this subparagraph (12) shall extend for a period of 15 10 years thereafter or until the Contractor has paid to NYSERDA $4,200,0005,400,000, whichever occurs first, commencing with the date of the filing of the Final Report to NYSERDA." . Delete the amount "$2,400,000" from the last sentence and Substitute the ------ ---------- amount "$5,400,000."