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. Company shall not be obligated to work 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). Company’s receipt of such payment shall constitute Seller’s irrevocable authorization to Company to perform such procurement and construction work.

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 CompanyCost. Company shall not be obligated to work on 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). Company’s receipt of such payment shall constitute Seller’s irrevocable authorization to Company to perform such procurement and construction work.