Turbine reallocation Sample Clauses

Turbine reallocation. 6.5 The Generator may give a notice to the CfD Counterparty (a “Turbine Reallocation Notice”) [at any time prior to the first day of the Phase 1 Target Commissioning Window]. A Turbine Reallocation Notice shall:
AutoNDA by SimpleDocs
Turbine reallocation. 6.5 The Generator may give a notice to the CfD Counterparty at any time prior to the first day of the Target Commissioning Window (a “Turbine Reallocation Notice”). A Turbine Reallocation Notice shall: 6 Drafting note: This shall be either (a) the capacity notified by the Delivery Body in the Generator’s FiT CfD Application as the capacity in megawatts, or (b) if the Allocation Round in which the Generator is participating requires them to submit a sealed bid, then the capacity for which successful allocation has taken plan under the Allocation Round.
Turbine reallocation. 6.5 The Generator may give a notice to the CfD Counterparty (an “Allocation Adjustment Notice”) at any time prior to the date falling three months prior to the first day of the Target Commissioning Window. An Allocation Adjustment Notice shall:
Turbine reallocation. Subject to the Turbine Supply Documents, the Borrower may request a reallocation of any Turbine to any specified Eligible Qualified Project, Qualified Project or other single-purpose project company owned directly or indirectly by the Borrower (which such project shall be deemed an Eligible Qualified Project and which project company shall be deemed a Corresponding Project Company hereunder), subject to the approval of the Majority Lenders and the Administrative Agent, and upon such approval the Top-Up Amount Schedule shall be updated accordingly to reflect such change. A Project shall no longer be considered an Eligible Qualified Project or Qualified Project hereunder (and its project company shall no longer be a Project Company or Corresponding Project Company hereunder) if it no longer has Corresponding Term Loans hereunder. Any reallocation pursuant to this Section 5(z) shall not be considered a Transfer under Section 5(v).
Turbine reallocation. 6.5 The Generator may give a notice to the CfD Counterparty at any time prior to the first day of the Target Commissioning Window (an “Turbine Reallocation Notice”). A Turbine Reallocation Notice shall: (A) 1) be given jointly by the Generator [and]/[,] Project Company 2 [and Project Company 3] except in relation to any of them whose Contract for Difference has been terminated;

Related to Turbine reallocation

  • Reallocation 4. Notwithstanding the allocation of Loan proceeds and the withdrawal percentages set forth in the Table,

  • Cost Allocation Cost allocation of Generator Interconnection Related Upgrades shall be in accordance with Schedule 11 of Section II of the Tariff.

  • Allocation Following the Closing, Purchaser shall prepare and deliver to Sellers an allocation of the aggregate consideration among Sellers and, for any transactions contemplated by this Agreement that do not constitute an Agreed G Transaction pursuant to Section 6.16, Purchaser shall also prepare and deliver to the applicable Seller a proposed allocation of the Purchase Price and other consideration paid in exchange for the Purchased Assets, prepared in accordance with Section 1060, and if applicable, Section 338, of the Tax Code (the “Allocation”). The applicable Seller shall have thirty (30) days after the delivery of the Allocation to review and consent to the Allocation in writing, which consent shall not be unreasonably withheld, conditioned or delayed. If the applicable Seller consents to the Allocation, such Seller and Purchaser shall use such Allocation to prepare and file in a timely manner all appropriate Tax filings, including the preparation and filing of all applicable forms in accordance with applicable Law, including Forms 8594 and 8023, if applicable, with their respective Tax Returns for the taxable year that includes the Closing Date and shall take no position in any Tax Return that is inconsistent with such Allocation; provided, however, that nothing contained herein shall prevent the applicable Seller and Purchaser from settling any proposed deficiency or adjustment by any Governmental Authority based upon or arising out of such Allocation, and neither the applicable Seller nor Purchaser shall be required to litigate before any court, any proposed deficiency or adjustment by any Taxing Authority challenging such Allocation. If the applicable Seller does not consent to such Allocation, the applicable Seller shall notify Purchaser in writing of such disagreement within such thirty (30) day period, and thereafter, the applicable Seller shall attempt in good faith to promptly resolve any such disagreement. If the Parties cannot resolve a disagreement under this Section 3.3, such disagreement shall be resolved by an independent accounting firm chosen by Purchaser and reasonably acceptable to the applicable Seller, and such resolution shall be final and binding on the Parties. The fees and expenses of such accounting firm shall be borne equally by Purchaser, on the one hand, and the applicable Seller, on the other hand. The applicable Seller shall provide Purchaser, and Purchaser shall provide the applicable Seller, with a copy of any information described above required to be furnished to any Taxing Authority in connection with the transactions contemplated herein.

  • Risk Allocation The Product is Regulatorily Continuing.

Time is Money Join Law Insider Premium to draft better contracts faster.