Common use of Annual Performance Guarantee Statement Clause in Contracts

Annual Performance Guarantee Statement. Within thirty (30) Days following the end of each Billing Year, Seller shall prepare and deliver to Purchaser a statement (the “Annual Performance Guarantee Statement”) setting forth (i) the amount (in kWh) of Output delivered to Purchaser during such Billing Year, (ii) the amount (in kWh) of the Output Guarantee for the Billing Year and any reductions described in Section 6.5(a) proposed to be applied against and reduce such Output Guarantee during such Billing Year, and (iii) the calculation of the Shortfall Damages, if any, due by Seller to Purchaser for such Billing Year.

Appears in 5 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement, Solar Power Purchase Agreement

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Annual Performance Guarantee Statement. Within [thirty (30) Days Days] following the end of each Billing Year, Seller shall prepare and deliver to Purchaser a statement (the “Annual Performance Guarantee Statement”) setting forth (i) the amount (in kWh) of Output delivered to Purchaser during such Billing Year, (ii) the amount (in kWh) of the Output Guarantee for the Billing Year and any reductions described in Section 6.5(a) proposed to be applied against and reduce such Output Guarantee during such Billing Year, and (iii) the calculation of the Shortfall Damages, if any, due by Seller to Purchaser for such Billing Year.

Appears in 3 contracts

Samples: Solar Power Purchase Agreement, Solar Power Purchase Agreement, Model Solar Power Purchase Agreement

Annual Performance Guarantee Statement. Within thirty (30) Days following the end of each Billing Year, Seller shall prepare and deliver to Purchaser a statement (the “Annual Performance Guarantee Statement”) setting forth (i) the amount (in kWh) of Output delivered to Purchaser during such Billing Year, (ii) the amount (in kWh) of the Output Guarantee for the Billing Year and any reductions described in Section 6.5(a) proposed to be applied against and reduce such Output Guarantee DocuSign Envelope ID: B0A47EA5-ADDC-4324-853B-09D49711DBFF during such Billing Year, and (iii) the calculation of the Shortfall Damages, if any, due by Seller to Purchaser for such Billing Year.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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Annual Performance Guarantee Statement. Within thirty (30) Days following the end of each Billing Year, Seller shall prepare and deliver to Purchaser a statement (the Annual Performance Guarantee Statement”) setting forth (i) the amount (in kWh) of Output delivered to Purchaser during such Billing Year, (ii) the amount (in kWh) of the Output Guarantee for the Billing Year and any reductions described in Section 6.5(a) proposed to be applied against and reduce such Output Guarantee during such Billing Year, and (iii) the calculation of the Shortfall Damages, if any, due by Seller to Purchaser for such Billing Year.

Appears in 1 contract

Samples: Solar Power Purchase Agreement

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