Common use of Adjustment of Geothermal Well Production Contribution Ratings Clause in Contracts

Adjustment of Geothermal Well Production Contribution Ratings. Prior to the Operation Date and within 30 days after the end of the first Contract Year the Seller may adjust the Geothermal Well Production Contribution Ratings specified in Appendix B. For the remaining term of this Agreement the Seller may adjust the Geothermal Well Production Contribution Ratings at the time that a production well originally identified in Appendix B or added to the facility in accordance with paragraph 14.4 of this Agreement is permentantly taken out of service or when a new production well is placed into service. In all circumstances the sum of the individual Geothermal Well Production Contribution Ratings must always be equal to the generator rating specified in Appendix B.

Appears in 4 contracts

Samples: Firm Energy Sales Agreement (Us Geothermal Inc), Firm Energy Sales Agreement (Us Geothermal Inc), Firm Energy Sales Agreement (Us Geothermal Inc)

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