Common use of CAPACITY AND TERM Clause in Contracts

CAPACITY AND TERM. Georgia Power offers to sell to Oglethorpe Power, subject to the terms of the Agreement, capacity and associated energy, from one (1) two hundred fifty megawatt (250 MW) LT Steam Resource. Oglethorpe Power shall specify how many megawatts (MW), in increments of fifty megawatts (50 MW), of the LT Steam Resource it commits to purchase for the period commencing one (1) minute prior to 12:01 a.m. (Operating Time) on April 1, 1999 and continuing through one (1) minute after 11:59 p.m. (Operating Time) on March 31, 2006 in a written notice to be delivered to Georgia Power on or before March 26, 1999. Such notice shall be incorporated herein by this reference. Oglethorpe Power shall purchase the "Remainder", determined by the difference, if any, between two hundred fifty megawatts (250 MW) and the quantity specified in the above incorporated notice, for the period commencing one (1) minute prior to 12:01 a.m. (Operating Time) on April 1, 1999 and continuing through one (1) minute after 11:59 p.m. (Operating Time) on August 31, 1999. This Schedule C shall terminate at one (1) minute after 11:59 p.m. (Operating Time) on March 31, 2006.

CAPACITY AND TERM. Georgia Power offers to sell to Oglethorpe Power, subject to the terms of the Agreement, capacity and associated energy, from one (1) two hundred fifty megawatt (250 MW) LT Steam Peaking Resource. Oglethorpe Power shall specify how many megawatts (MW), in increments of fifty megawatts (50 MW), of the LT Steam Peaking Resource it commits to purchase for the period commencing one (1) minute prior to 12:01 a.m. (Operating Time) on April 1, 1999 and continuing through one (1) minute after 11:59 p.m. (Operating Time) on March 31, 2006 2003 in a written notice to be delivered to Georgia Power on or before March 26, 1999. Such notice shall be incorporated herein by this reference. Oglethorpe Power shall purchase the "Remainder", determined by the difference, if any, between two hundred fifty megawatts (250 MW) and the quantity specified in the above incorporated notice, for the period commencing one (1) minute prior to 12:01 a.m. (Operating Time) on April 1, 1999 and continuing through one (1) minute after 11:59 p.m. (Operating Time) on August 31, 19992000 and Oglethorpe Power shall purchase one-half the Remainder for the period commencing one (1) minute prior to 12:01 a.m. (Operating Time) on September 1, 2000 and continuing through one (1) minute after 11:59 p.m. (Operating Time) on August 31, 2001. This Schedule C B shall terminate at one (1) minute after 11:59 p.m. (Operating Time) on March 31, 20062003.