Power Procurement Sample Clauses

Power Procurement. Service Provider agrees during the Term to use commercially reasonable best efforts to continually lower Power Costs by securing a power purchase or similar agreement, and to keep Customer fully informed as to the status of such efforts and the details of any prospective agreement. Service Provider shall consult with Customer prior to executing any material agreement involving the procurement of power. The Parties shall endeavor to at meet at least quarterly to discuss options for improving power procurement.

Power Procurement. Blockfusion shall have obtained, and shall be able to demonstrate to Tenant’s reasonable satisfaction that it has obtained, firm and binding commitments for the allocation and delivery of electrical power capacity sufficient to support the full fifty (50) MW of critical IT capacity comprising the Firm Expansion Capacity no later than the applicable target commencement dates under the Firm Expansion Lease, including, as applicable, [***] capacity allocations, utility service agreements, power purchase or similar agreements with one or more third-party generators, agreements for the supply and operation of on-site or behind-the-meter generation, and the governmental and regulatory approvals then required to commence the delivery of power in accordance with the delivery schedule set forth in the applicable Qualifying Expansion Package (collectively, the “Power Rights”), in each case on terms that are sufficient to permit the delivery of Critical Load Power to Tenant on a firm, continuous, and uninterrupted basis at the applicable Demarcation Point under the applicable Redundancy Architecture. For the avoidance of doubt, the power sources, generation technologies, and delivery mechanisms comprising the Power Rights remain subject to Tenant’s review and approval of the Power Infrastructure Plan under clause (B) below. If there are any conditions on the Firm Expansion Capacity by the Utility Provider, Blockfusion shall notify Tenant of the same.