Common use of Balance of Company-Owned Interconnection Facilities Prepayment Clause in Contracts

Balance of Company-Owned Interconnection Facilities Prepayment. On the Guaranteed Procurement Payment Date, the difference between the portion of the Total Estimated Interconnection Cost paid to date and the Total Estimated Interconnection Cost is due and payable by Seller to Company. A. Company shall not be obligated to perform any work with respect to Company-Owned Interconnection Facilities until Seller pays the amount in this Section 3(b)(iii) (Balance of Company-Owned Interconnection Facilities Prepayment) of this Attachment G (Company-Owned Interconnection Facilities), and receipt of such payment shall constitute Seller's irrevocable authorization to Company to perform such procurement and construction work.

Appears in 16 contracts

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

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Balance of Company-Owned Interconnection Facilities Prepayment. On the Guaranteed Procurement Payment Date, the difference between the portion of the Total Estimated Interconnection Cost paid to date and the Total Estimated Interconnection Cost is due and payable by Seller to Company. A. . Company shall not be obligated to perform any work with respect to on Company-Owned Interconnection Facilities until Seller pays the amount in this Section 3(b)(iii) (Balance of Company-Owned Interconnection Facilities Prepayment) of this Attachment G (Company-Owned Interconnection Facilities), and . Company’s receipt of such payment shall constitute Seller's ’s irrevocable authorization to Company to perform such procurement and construction work.

Appears in 6 contracts

Samples: Energy Storage Power Purchase Agreement, Energy Storage Power Purchase Agreement, Energy Storage Power Purchase Agreement

Balance of Company-Owned Interconnection Facilities Prepayment. On the Guaranteed Procurement Payment Date, the difference between the portion of the Total Estimated Interconnection Cost paid to date and the Total Estimated Interconnection Cost is due and payable by Seller to Company. A. Company shall not be obligated to perform any work with respect to Engineering and Design Work or procure and construct Company-Owned Interconnection Facilities until Seller pays the amount in this Section 3(b)(iii) (Balance of Company-Owned Interconnection Facilities Prepayment) of this Attachment G (Company-Owned Interconnection Facilities), and receipt of such payment shall constitute Seller's irrevocable authorization to Company to perform such procurement and construction work.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Balance of Company-Owned Interconnection Facilities Prepayment. On the Guaranteed Procurement Payment Date, Seller shall pay to Company the difference between the portion remaining balance outstanding of the Total Estimated Interconnection Cost paid to date and the Total Estimated Interconnection Cost is due and payable by Seller to Company. A. Cost. Company shall not be obligated to perform any work with respect to procure and construct Company-Owned Interconnection Facilities until Seller pays the amount in this Section 3(b)(iii) (Balance of Company-Owned Interconnection Facilities Prepayment) of this Attachment G (Company-Owned Interconnection Facilities), and . Company’s receipt of such payment shall constitute Seller's ’s irrevocable authorization to Company to perform such procurement and construction work.

Appears in 1 contract

Samples: Energy Storage Power Purchase Agreement

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Balance of Company-Owned Interconnection Facilities Prepayment. On the Guaranteed Procurement Payment Date, the difference between the portion of the Total Estimated Interconnection Cost paid to date and the Total Estimated Interconnection Cost is due and payable by Seller Subscriber Organization to Company. A. Company shall not be obligated to perform any work with respect to Company-Owned Interconnection Facilities until Seller Subscriber Organization pays the amount in this Section 3(b)(iii) (Balance of Company-Owned Interconnection Facilities Prepayment) of this Attachment G (Company-Owned Interconnection Facilities), and receipt of such payment shall constitute SellerSubscriber Organization's irrevocable authorization to Company to perform such procurement and construction work.

Appears in 1 contract

Samples: Power Purchase Agreement

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