Purchaser Requirement Sample Clauses
The Purchaser Requirement clause defines the specific obligations or conditions that the purchaser must fulfill under the agreement. This may include providing necessary documentation, making timely payments, or meeting certain standards before the seller is required to perform their part of the contract. By clearly outlining what is expected from the purchaser, this clause ensures that both parties understand their responsibilities and helps prevent disputes related to non-performance or delays.
Purchaser Requirement. Purchaser agrees to purchase one hundred percent (100%) of the Solar Power generated by the System and made available by the Power Producer to Purchaser at the Delivery Point during each relevant month of the Term. In the event that the Purchaser is unable to off take 100% of the electricity generated, when it is generated, then Deemed Generation will apply only in case following conditions:
a) In the event Power Producer is generating power more than the available load, and the Purchaser is not able to export or record the excess units generated due to faults in the equipment’s of the Purchaser e.g., Net meter Cables, Equipment’s etc., which may stop the feeding / record of the Solar Power generated.
b) In the event that the Purchaser fails to ensure adequate space for solar equipment to ensure that other structures do not partially or wholly shade any part of the Solar Power Plant and if such shading occurs, the Power Producer may apply for Deemed Generation furnishing the calculation for loss in generation due to such shading supported by the relevant data, which shall be approved by Purchaser within one month of submission failing which the Power Producer shall claim provisional deemed generation till the issue is finally settled.
Purchaser Requirement. Purchaser agrees to purchase one hundred percent (100%) of the Solar Power generated by the System and made available by the Power Producer to Purchaser at the Delivery Point during each relevant month of the Term. In the event that the Purchaser is unable to off take 100% of the electricity generated, when it is generated, then Deemed Generation will apply only in case following conditions:
a) Grid Failure from DISCOM.
b) Power Outage - No reference voltage available for synchronization.
c) In the event Power Producer is generating power more than the available load, and the Purchaser is not able to export or record the excess units generated.
d) Faults in the equipments of the Purchaser eg., Net meter Cables, Equipments etc., which may stop the feeding / record of the Solar Power generated.