Termination by Buyer On or After Commercial Operation Date. If Buyer terminates this Agreement because of an Event of Default by Seller occurring on or after the Commercial Operation Date, the Termination Payment due to Buyer shall be equal to the greater of:
Appears in 28 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Termination by Buyer On or After Commercial Operation Date. If Buyer terminates this Agreement because of an Event of Default by Seller occurring on or after the Commercial Operation Date, the Termination Payment due to Buyer shall be equal to the greater ofamount, if positive, calculated according to the following formula:
Appears in 11 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Termination by Buyer On or After Commercial Operation Date. If Buyer terminates this Agreement because of an Event of Default by Seller [occurring on or after the Commercial Operation Date], the Termination Payment due to Buyer shall be equal to the greater of: (i) the Credit Support amount required from Seller under Article 6, or (ii) the amount, if positive, calculated according to the following formula:
Appears in 1 contract
Samples: Power Purchase Agreement
