Common use of Change in Revenue Notification; Seller’s Financial Information for Consolidation Clause in Contracts

Change in Revenue Notification; Seller’s Financial Information for Consolidation. (a) In the event Seller determines that the revenue received or to be received by Seller from this Agreement for any calendar year is or is likely to be less than ninety percent (90%) of Seller’s total anticipated revenue for such calendar year, Seller shall provide Notice of such determination to SCE as soon as practicable after such determination is made, but in no event later than forty- five (45) days before the end of such calendar year.

Appears in 5 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement

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Change in Revenue Notification; Seller’s Financial Information for Consolidation. (a) In the event If Seller determines that the revenue received or to be received by Seller from this Agreement for any calendar year is or is likely to be less than ninety percent (90%) of Seller’s total anticipated revenue for such calendar year, Seller shall provide Notice of such determination to SCE as soon as practicable after such determination is made, but in no event later than forty- five (45) days before the end of such calendar year.

Appears in 4 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement

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Change in Revenue Notification; Seller’s Financial Information for Consolidation. (a) In the event If Seller determines that the revenue received or to be received by Seller from this Agreement for any calendar year is or is likely to be less than ninety 5 Bracketed language for Intermittent only percent (90%) of Seller’s total anticipated revenue for such calendar year, Seller shall provide Notice of such determination to SCE as soon as practicable after such determination is made, but in no event later than forty- five (45) days before the end of such calendar year.

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

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