PB4 Purchaser definition
Examples of PB4 Purchaser in a sentence
Seller acknowledges and agrees that, subject to the proviso in Section 6.7(h), at any time prior to the Closing Date, EGSL may replace EAI as the PB1 Purchaser, PB2 Purchaser, PB3 Purchaser and/or PB4 Purchaser, as applicable, at any time prior to any automatic replacement of EAI as the PB1 Purchaser, PB2 Purchaser, PB3 Purchaser and/or PB4 Purchaser, as applicable, pursuant to Section 2.22(d) (a "Section 2.22(b) Replacement").
Any and all payments required to be made under this Article IX shall be deemed adjustments to the PB1 Purchase Price, PB2 Purchase Price, PB3 Purchase Price or PB4 Purchaser Price, as applicable.
Seller acknowledges and agrees that, subject to the proviso in Section 6.7(h), at any time prior to the Closing Date, EGSL may replace ETI as the PB1 Purchaser, PB2 Purchaser, PB3 Purchaser and/or PB4 Purchaser, as applicable, at any time prior to any automatic replacement of ETI as the PB1 Purchaser, PB2 Purchaser, PB3 Purchaser and/or PB4 Purchaser, as applicable, pursuant to Section 2.22(e) (a "Section 2.22(c) Replacement").
After the completion of such actions with respect to all such compliance periods, any excess Emission Allowances with respect to (i) PB1 shall be the sole property of PB1 Purchaser, (ii) PB2 shall be the sole property of PB2 Purchaser, (iii) PB3 shall be the sole property of PB3 Purchaser, (iv) PB4 shall be the sole property of PB4 Purchaser and (v) the Common Facilities Assets shall be the sole property of the Project Purchasers in proportion to each such Project Purchaser's Undivided Pro Rata Percentage.
Without limiting the foregoing and subject to Section 6.20(b), such actions shall include preparing and filing with MISO, and, as necessary, amending, supplementing and modifying, a form "Attachment B - Notice of Change of Information" reflecting the change of ownership, effective as of the Closing, of PB1 by PB1 Purchaser, PB2 by PB2 Purchaser, PB3 by PB3 Purchaser and PB4 by PB4 Purchaser pursuant to the terms hereof.