Common use of Purchase and Sale Obligations Clause in Contracts

Purchase and Sale Obligations. 5.1 Sale and Purchase of Energy - During the Term, the Seller will sell and deliver all Energy to the Buyer at the POI and the Buyer will, subject to section 5.2, purchase and accept delivery of all Eligible Energy. The Buyer will pay for Eligible Energy in accordance with section 6.1. When the Seller is delivering Energy to the Buyer, the Seller will make commercially reasonable efforts to operate the Seller’s Plant in a manner that ensures delivery of Energy at the POI at a uniform rate within each hour during which Energy is delivered.‌‌‌

Appears in 3 contracts

Samples: Electricity Purchase Agreement, Electricity Purchase Agreement, Electricity Purchase Agreement

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Purchase and Sale Obligations. 5.1 Sale and Purchase of Energy - During the TermEnergy Delivery Period, subject to section 5.2, the Seller will sell and deliver all Energy to the Buyer at the POI and the Buyer will, subject to section 5.2, will purchase and accept delivery at the POI of all Eligible EnergyDelivered Energy from the Seller. The Buyer will pay for Eligible Delivered Energy in accordance with section 6.1. When the Seller is delivering Energy to the Buyer, the Seller will make commercially reasonable efforts to operate the Seller’s Plant in a manner that ensures delivery of Energy at the POI at a uniform rate within each hour during which Energy is delivered.‌‌‌.

Appears in 1 contract

Samples: Electricity Purchase Agreement

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