Common use of Application of Moneys Received from Sale of Facility Output Clause in Contracts

Application of Moneys Received from Sale of Facility Output. Moneys received by or on behalf of SCPPA from the sale of Facility Output related to a Defaulting SCPPA Participant’s Project Rights and Obligations, as provided in Section 11.5.3 hereof, shall be applied in the following manner in order:

Appears in 4 contracts

Samples: Power Sales Agreement, Power Purchase Agreement, Power Purchase Agreement

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Application of Moneys Received from Sale of Facility Output. Moneys received by or on behalf of SCPPA from the sale of Facility Output related to a Defaulting SCPPA Project Participant’s Project Rights and Obligations, as provided in Section 11.5.3 15.5.3 hereof, shall be applied in the following manner in order:

Appears in 2 contracts

Samples: Power Sales Agreement, Power Sales Agreement

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