Common use of Basic Understandings Clause in Contracts

Basic Understandings. Seller, in response to a Request for Proposals issued on March 5, 2018 by the Buyer, has been selected to be the supplier of firm, load-following power to meet the Buyer’s Service Requirements as defined in the Service Requirements Matrix found in Appendix A. This Agreement sets forth the terms under which Seller will supply, and the Buyer will purchase, Default Service during the Delivery Term.

Basic Understandings. Seller, in response to a Request for Proposals issued on March 5August 28, 2018 by the Buyer, has been selected to be the supplier of firm, load-following power to meet the Buyer’s Service Requirements as defined in the Service Requirements Matrix found in Appendix A. This Agreement sets forth the terms under which Seller will supply, and the Buyer will purchase, Default Service during the Delivery Term.

Basic Understandings. Seller, in response to a Request for Proposals issued on March 5, 2018 by the Buyer, has been selected to be the supplier of firm, load-following power to meet the Buyer’s Service Requirements as defined in the Service Requirements Matrix found in Appendix A. This Agreement sets forth the terms under which Seller will supply, and the Buyer will purchase, Default Service during the Delivery Term.

Basic Understandings. Seller, in response to a Request for Proposals issued on March 5August 28, 2018 by the Buyer, has been selected to be the supplier of firm, load-following power to meet the Buyer’s Service Requirements as defined in the Service Requirements Matrix found in Appendix A. This Agreement sets forth the terms under which Seller will supply, and the Buyer will purchase, Default Service during the Delivery Term.