Common use of Termination by Seller On or After Commercial Operation Date Clause in Contracts

Termination by Seller On or After Commercial Operation Date. If Seller terminates this Agreement because of an Event of Default by Buyer occurring on or after the Commercial Operation Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula:

Appears in 11 contracts

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

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Termination by Seller On or After Commercial Operation Date. (A) If Seller terminates this Agreement because of an Event of Default by Buyer occurring on or after the Commercial Operation Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula:

Appears in 7 contracts

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

Termination by Seller On or After Commercial Operation Date. If Seller terminates this Agreement because of an Event of Default by Buyer occurring on or after the Commercial Operation Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula:: Deleted: ¶ Deleted: 42139979.2

Appears in 1 contract

Samples: Rec Purchase Agreement

Termination by Seller On or After Commercial Operation Date. If Seller terminates this Agreement because of an Event of Default by Buyer occurring on or after the Commercial Operation Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula:: Σ[(CV – MV) + P N where: Term.

Appears in 1 contract

Samples: Power Purchase Agreement

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Termination by Seller On or After Commercial Operation Date. If Seller terminates this Agreement [on or after the Commercial Operation Date] because of an Event of Default by Buyer occurring on or after the Commercial Operation DateBuyer, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula:

Appears in 1 contract

Samples: Power Purchase Agreement

Termination by Seller On or After Commercial Operation Date. If Seller terminates this Agreement [on or after the Commercial Operation Date] because of an Event of Default by Buyer occurring on or after the Commercial Operation DateXxxxx, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula:

Appears in 1 contract

Samples: Power Purchase Agreement

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