Common use of Annual Escalation Adjustment Clause in Contracts

Annual Escalation Adjustment. Commencing on the first anniversary date of the Actual Commercial Operation Date, and every anniversary date thereafter during the Term, the applicable Contract Price shall be escalated to reflect the Annual Escalation Adjustment as set forth in Exhibit 6- [Contract Price].

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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Annual Escalation Adjustment. Commencing on the first anniversary date of the Actual Commercial Operation Date, and every anniversary date thereafter during the Term, the applicable Base Contract Price shall be escalated to reflect the Annual Escalation Adjustment as set forth in Exhibit 6- [4- Base Contract Price].

Appears in 1 contract

Samples: Power Purchase Agreement

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Annual Escalation Adjustment. Commencing on the first anniversary date of the Actual Commercial Operation Date, and every anniversary date thereafter during the Term, the applicable Base Contract Price shall be escalated to reflect the Annual Escalation Adjustment as set forth in Exhibit 6- [4- Base Contract Price].

Appears in 1 contract

Samples: Power Purchase Agreement

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