Examples of Amendment No. 5 Effective Date in a sentence
From the Amendment No. 5 Effective Date through November 22, 2021, Seller shall pay to SCE an annual amount equal to the Commitment Fee Savings Amount, with one-half of such Commitment Fee Savings Amount being due and payable on or before each of June 30 and December 31 of each year; provided that the amount of the initial Commitment Fee Savings Amount payment shall be pro-rated for the number of days between the Amendment No. 5 Effective Date and December 31, 2016.
In the event that the Performance Assurance Costs should change at any time after the Amendment No. 5 Effective Date, Seller shall send Notice to SCE in the form attached as Exhibit A to Amendment No. 5 (the “Performance Assurance Savings Notice”) within ten (10) Business Days of any such change in Performance Assurance Costs.