Common use of Power Purchase Agreement Clause in Contracts

Power Purchase Agreement. The Project Company has entered into the PPA, which is in full force and effect, and is in full compliance with all payment obligations (through payments made on its behalf by Buyer or its Affiliate), milestones and other covenants therein.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (VivoPower International PLC), Membership Interest Purchase Agreement (VivoPower International PLC)

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Power Purchase Agreement. The Project Company has entered into the PPA, which is still in full force and effect, and is in full compliance with all payment obligations (through payments made on its behalf by Buyer or its Affiliate)obligations, milestones and other covenants therein, and has notified, and received the written consent of, the Utility of the change of control of the Project Company in compliance with Section 24.3 of the PPA.

Appears in 2 contracts

Samples: Assignment Agreement, Assignment Agreement (Principal Solar, Inc.)

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