Common use of AVAILABILITY ADJUSTMENT FOR MONTHLY CAPACITY PAYMENT Clause in Contracts

AVAILABILITY ADJUSTMENT FOR MONTHLY CAPACITY PAYMENT. In the event that an enactment, adoption, or promulgation of a law, rule or regulation by a Governmental Authority results in the availability of any present or future Renewable Attributes and/or derivative products in respect of the Project or energy storage projects, generally, then in consideration of the Monthly Capacity Payment, Seller shall transfer all of Seller’s rights, title and interests in such Renewable Attributes and/or derivative products to Buyer.

Appears in 6 contracts

Samples: Operate Transfer Agreement, Operate Transfer Agreement, Operate Transfer Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.