Common Contracts
1 similar null contracts
61066 Federal Register / Vol. 69, No. 198 / Thursday, October 14, 2004 / NoticesFebruary 26th, 2016
In January 2004, Portland General extended the Lease Agreement through 2010. More recently, the company and Owner Participant negotiated a purchase price for the Facility, assuming that the transaction closes by October 29, 2004. The purchase price would be between $20 million and $35 million. If the closing is delayed but takes place on or before November 30, 2004, the purchase price will be increased for each day after October 29, 2004 that closing is delayed based on the 90-day London Interbank Offered Rate (‘‘LIBOR’’) determined two days before the closing. The closing may be delayed beyond November 30, 2004 only upon mutual agreement, including agreement on a new purchase price. The funds to be used to purchase the Facility would come from Portland General’s internally generated cash.
