BOP Agreement definition
Examples of BOP Agreement in a sentence
To the knowledge of Borrower, all work done on the Projects has been done in a good and workmanlike manner in all material respects and in accordance with the Turbine Supply Agreement, BOP Agreement and Prudent Utility Practices in all material respects.
Borrower shall diligently pursue and enforce all of its rights and remedies under the Turbine Supply Agreement and the BOP Agreement in a reasonably commercial manner.
If requested by PacifiCorp in writing within thirty (30) days of satisfying the second and third Project Milestones (i.e., Execute Purchase Agreement for Major Equipment and Execute Engineering, Procurement and Construction (EPC) or Balance of Plant (BOP) Agreement), then Seller shall undergo and deliver a Supply Chain Audit, conducted by a third-party consulting firm of national repute selected by PacifiCorp and identified in its written request.
The Operational Projects have achieved “Final Completion” (as defined in the BOP Agreement), “Final Project Acceptance” (as defined in the Turbine Supply Agreement) and the “Commercial Operation Date” (as defined in the Interconnection Agreement).
Each of the BOP Agreement and the Turbine Supply Agreement (x) is written, (y) is enforceable under applicable Law and (z) does not limit damages to an amount less than five percent (5%) of the total Contract Price (as defined therein).