Supply and purchase of Power Sample Clauses

Supply and purchase of Power. (a) During the Supply Period, the Producer shall sell to the Buyer and the Buyer shall buy from the Producer the entire Power at the Delivery Point. For the avoidance of doubt, the power generated by the Wind Farm during the Testing Period shall be sold by the Producer to a third party of its choice.
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Supply and purchase of Power. 3.1 Pursuant to the provisions of this Agreement, the Producer shall supply to the Buyer and the Buyer shall take delivery of the entire Power at the Delivery Point throughout the Supply Period. The Power sold by the Producer to the Buyer shall be sold with full title guarantee, free from all charges, liens, other encumbrances and third-party claims.
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Supply and purchase of Power. Pursuant to the provisions of this Agreement, the Producer shall supply to the Buyer and the Buyer shall take delivery of the entire Power at the Delivery Point throughout the Supply Period. The Power sold by the Producer to the Buyer shall be sold with full title guarantee, free from all charges, liens, other encumbrances and third-party claims. Without prejudice to the Producer’s obligations set out in Clause 7, the Producer shall have no commitment towards the Buyer with respect to the availability of the Wind Farm or lack thereof for whatever reason. Consequently, if for any reason: the Wind Farm is not available and does not produce any power; the Wind Farm is only partially available and produces less power than the volume specified in Annex 1 thereto; pursuant to an arrangement with the Transmission System Operator notified to the Buyer, the Producer reduces the volume of Power injected; a complete or partial interruption of the generation caused by an incident on the distribution system, or maintenance, extension or repairs works carried by the Distribution System Operator; or a disruption of the power grid negatively affects the Producer with respect to the feed-in of power or the transport of power volumes, then the Producer shall not undertake replacement power deliveries or pay any indemnity to the Buyer with respect to such decreased volume of Power. It being specified, for the avoidance of doubt, that the Buyer shall bear all costs resulting from imbalances due to the Transmission System Operator in its Balance Group, without passing them in any manner to the Producer provided that the Producer complies with its information obligations set out in Clause 7.6. Transfer of risks and ownership The transfer of risks and ownership of the Power by the Wind Farm takes place at the delivery at the Delivery Point. The amount of Power sold by the Producer to the Buyer is measured at the Delivery Point and the reading of the meter is done by the Distribution System Operator on a periodical basis. Prices
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Related to Supply and purchase of Power

  • Agreement to Sell and Purchase Subject to and in accordance with the terms and conditions of this Agreement, Buyer agrees to purchase the Assets from Seller, and Seller agrees to sell the Assets to Buyer.

  • Sale and Purchase of Shares Upon the terms and subject to the conditions contained herein, on the Closing Date the Seller shall sell, assign, transfer, convey and deliver to the Purchaser, and the Purchaser shall purchase from the Seller, all of the Shares.

  • Sale and Purchase of Securities Subject to the terms and conditions hereof, the Company agrees to sell, and Purchaser irrevocably subscribes for and agrees to purchase, the number of Units set forth on the signature page of this Agreement at a purchase price of $15.00

  • Sale and Purchase of the Shares On the basis of the representations, warranties and agreements contained in, and subject to the terms and conditions of, this Agreement:

  • Sale and Purchase of Stock 1.1 Subject to the terms, provisions and conditions set forth herein, Seller hereby sells and delivers to Purchaser, and Purchaser hereby purchases and receives from Seller, the Shares, in exchange for the purchase price set forth hereinafter. Purchaser hereby acknowledges receipt of one or more stock certificates representing the Shares, duly endorsed or accompanied by duly executed stock transfer form.

  • Sale and Purchase of the Assets Upon the terms and subject to the conditions set forth in this Agreement, at the Closing, the Seller shall sell, assign, transfer, convey and deliver to the Purchaser, and the Purchaser shall purchase and acquire from the Seller, free and clear of all Liens, all right, title and interest of the Seller in and to all of its properties, assets, Contracts and rights, of every kind and description and wherever located, related to, used in or intended for use in connection with the Business as currently conducted or currently contemplated to be conducted, other than the Excluded Assets (as defined below) (collectively, the “Purchased Assets”), including without limitation the following:

  • SALE AND PURCHASE OF NOTES Subject to the terms and conditions of this Agreement, the Company will issue and sell to each Purchaser and each Purchaser will purchase from the Company, at the Closing provided for in Section 3, Notes in the principal amount specified opposite such Purchaser’s name in Schedule A at the purchase price of 100% of the principal amount thereof. The Purchasers’ obligations hereunder are several and not joint obligations and no Purchaser shall have any liability to any Person for the performance or non-performance of any obligation by any other Purchaser hereunder.

  • Sale and Purchase On the basis of the representations, warranties and agreements herein contained, but subject to the terms and conditions herein set forth, the Company agrees to issue and sell the Firm Shares to the Underwriters, and the Underwriters agree to purchase from the Company the number of Firm Shares as set forth opposite the names of such Underwriters on Schedule C hereto. The Company has been advised by the Underwriters that they propose to make a public offering of the Shares as soon after this Agreement has become effective as in their judgment is advisable. The pricing terms of the purchase of the Firm Shares by the Underwriters and the pricing terms of the offering of the Firm Shares to the public are as set forth in Schedule A hereto. In addition, the Company hereby grants to the Underwriters the option to purchase, and upon the basis of the representations, warranties and agreements contained herein and subject to the terms and conditions herein set forth, the Underwriters shall have the right to purchase from the Company, all or a portion of the Option Shares, at the same purchase price per share to be paid by the Underwriters to the Company for the Firm Shares as set forth opposite the names of such Underwriters on Schedule C hereto. This option may be exercised by the Underwriters any time and from time to time on or before the thirtieth (30th) day following the date hereof, by written notice from the Representative to the Company, which notice may be by email (“Option Shares Notice”). The Option Shares Notice shall set forth the aggregate number of Option Shares as to which the option is being exercised, and the date and time when the Option Shares are to be delivered (such date and time being herein referred to as the “Option Closing Date”); provided, however, that the Option Closing Date may be the same date and time as the Closing Date (as defined below), but shall not be earlier than the Closing Date nor earlier than the second (2nd) business day after the date on which the option for Option Shares shall have been exercised no later than the tenth (10th) business day after the date of the Option Shares Notice. As of the Option Closing Date, the Company will issue and sell to the Underwriters, and the Underwriters will purchase, the number of Option Shares set forth in the Option Shares Notice.

  • Redemption and Purchase (a) Redemption at maturity Unless previously redeemed or purchased and cancelled as specified below, each Note (including each Index Linked Redemption Note and Dual Currency Redemption Note) will be redeemed by the Issuer at its Final Redemption Amount specified in, or determined in the manner specified in, the applicable Pricing Supplement in the relevant Specified Currency on the Maturity Date.

  • Limitations on Execution and Delivery, Transfer, etc of ADSs;

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