Common use of Termination Values Clause in Contracts

Termination Values. Rent Payment Percentage of Dates Facility Cost ------------ -------------- 17-Dec-97 89.0545022 30-Jun-98 86.0409747 31-Dec-98 84.0759314 30-Jun-99 83.5035895 31-Dec-99 80.1809867 30-Jun-00 79.5999273 31-Dec-00 76.1395085 30-Jun-01 75.5487494 31-Dec-01 71.9488180 30-Jun-02 71.3500536 31-Dec-02 67.6020393 30-Jun-03 67.8544109 31-Dec-03 63.1056495 30-Jun-04 63.5229419 31-Dec-04 58.4649648 30-Jun-05 59.0898905 31-Dec-05 53.8651105 30-Jun-06 54.6700935 31-Dec-06 49.3832995 30-Jun-07 43.4541287 31-Dec-07 44.7605798 30-Jun-08 38.6311920 31-Dec-08 40.2913338 30-Jun-09 37.1712876 31-Dec-09 36.1573757 30-Jun-10 38.1520291 31-Dec-10 32.2176089 30-Jun-11 33.9383925 31-Dec-11 27.7862621 30-Jun-12 29.2783382 31-Dec-12 22.9087224 30-Jun-13 20.0000000 I. Conditions Precedent to Obligations of Lessee under Original Participation Agreement: None. J. Conditions Precedent to Obligations of Participants under Original Participation Agreement: Each Participant, Owner Trustee and Indenture Trustee received an opinion, dated the Closing Date, from Van Ness, Feldman, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ & Levenberg, P.C., special regulatory counsel for Lessee, substantially in the form of Exhibit B attached to Schedule I to the Original Participation Agreement.

Appears in 1 contract

Sources: Participation Agreement (Oglethorpe Power Corp)

Termination Values. Rent Payment Percentage of Dates Facility Cost Costs ------------ -------------- 17-Dec-97 89.0545022 88.7435745 30-Jun-98 86.0409747 86.6524115 31-Dec-98 84.0759314 84.6153206 30-Jun-99 83.5035895 83.9937645 31-Dec-99 80.1809867 80.4750160 30-Jun-00 79.5999273 79.8340696 31-Dec-00 76.1395085 76.1690565 30-Jun-01 75.5487494 75.5143548 31-Dec-01 71.9488180 71.6874855 30-Jun-02 71.3500536 71.9185412 31-Dec-02 67.6020393 67.1058804 30-Jun-03 67.8544109 67.5368321 31-Dec-03 63.1056495 62.5302172 30-Jun-04 63.5229419 63.1681789 31-Dec-04 58.4649648 57.9984313 30-Jun-05 59.0898905 58.8765255 31-Dec-05 53.8651105 53.5518375 30-Jun-06 54.6700935 54.7073667 31-Dec-06 49.3832995 49.2803818 30-Jun-07 43.4541287 43.2221977 31-Dec-07 44.7605798 44.8886170 30-Jun-08 38.6311920 41.5562459 31-Dec-08 40.2913338 40.8132353 30-Jun-09 37.1712876 42.8641676 31-Dec-09 36.1573757 37.0022851 30-Jun-10 38.1520291 38.8533176 31-Dec-10 32.2176089 32.7812028 30-Jun-11 33.9383925 34.4111376 31-Dec-11 27.7862621 28.1064996 30-Jun-12 29.2783382 29.4918962 31-Dec-12 22.9087224 22.9527065 30-Jun-13 20.0000000 I. Conditions Precedent to Obligations of Lessee under Original Participation Agreement: None. J. Conditions Precedent to Obligations of Participants under Original Participation Agreement: Each Participant, Owner Trustee and Indenture Trustee received an opinion, dated the Closing Date, from Van Ness, Feldman, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇ & Levenberg, P.C., special regulatory counsel for Lessee, substantially in the form of Exhibit B A attached to Schedule I to the Original Participation Agreement.

Appears in 1 contract

Sources: Participation Agreement (Oglethorpe Power Corp)