Common use of Purchaser’s Right to Suspend Clause in Contracts

Purchaser’s Right to Suspend. (a) Purchaser may, at any time after Notice to Seller specifying the effective date of the suspension (a “Suspension Notice”), require Seller to suspend its installation and commissioning work, or any portion thereof. Upon receipt of a Suspension Notice, Seller shall take reasonable steps to suspend its work as soon as reasonably possible and to secure the Project Site for the expected period of the suspension. If Purchaser suspends Seller’s installation and commissioning work without cause (i.e., other than as a result of a Force Majeure Event or Seller Event of Default), Purchaser shall reimburse Seller for reasonable costs and expenses, subject to Cost Substantiation, actually incurred and payable by Seller to protect the Project Site and materials and equipment that would not have been incurred as part of its work.

Appears in 4 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement, Solar Power Purchase Agreement

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Purchaser’s Right to Suspend. (a) a. Purchaser may, at any time after Notice to Seller specifying the effective date of the suspension (a “Suspension Notice”), require Seller to suspend its installation and commissioning work, or any portion thereof. Upon receipt of a Suspension Notice, Seller shall take reasonable steps to suspend its work as soon as reasonably possible and to secure the Project Site for the expected period of the suspension. If Purchaser suspends Seller’s installation and commissioning work without cause (i.e., other than as a result of a Force Majeure Event or Seller Event of Default), Purchaser shall reimburse Seller for reasonable costs and expenses, subject to Cost Substantiation, actually incurred and payable by Seller to protect the Project Site and materials and equipment that would not have been incurred as part of its work.

Appears in 3 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement, Model Solar Power Purchase Agreement

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Purchaser’s Right to Suspend. (a) Purchaser may, at any time after Notice to Seller specifying the effective date of the suspension (a “Suspension Notice”), require Seller to suspend its installation and commissioning work, or any portion thereof. Upon receipt of a Suspension Notice, Seller shall take reasonable steps to suspend its work as soon as reasonably possible and to secure the Project Site for the expected period of the suspension. If Purchaser suspends Seller’s installation and commissioning work without cause (i.e., other than as a result of a Force Majeure Event or Seller Event of Default), Purchaser shall reimburse Seller for reasonable costs and expenses, subject to Cost Substantiation, actually incurred and payable by Seller to protect the Project Site and materials and equipment that would not have been incurred as part of its work.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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