Common use of Compliance Expenditure Cap Clause in Contracts

Compliance Expenditure Cap. If Seller establishes to SCE’s reasonable satisfaction that a change in Applicable Laws occurring after the Effective Date has increased Seller’s cost above the cost that could reasonably have been contemplated as of the Effective Date to take all actions to comply with Seller’s obligations under the Agreement with respect to obtaining, maintaining, conveying or effectuating SCE’s use of (as applicable), the items listed in Sections 1.11(a) through (d), then Seller’s required out-of-pocket expenses are limited to One Hundred Thousand dollars ($100,000) in the aggregate each Term Year (“Compliance Expenditure Cap”) between the Effective Date and the last day of the Term:

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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Compliance Expenditure Cap. If Seller establishes to SCE’s reasonable satisfaction that a change in Applicable Laws occurring after the Effective Date has increased Seller’s cost above the cost that could reasonably have been contemplated as of the Effective Date to take all actions to comply with Seller’s obligations under the Agreement with respect to obtaining, maintaining, conveying or effectuating SCE’s use of (as applicable), the items listed in Sections 1.11(a) through (d), then Seller’s required out-of-pocket expenses are limited to One Hundred Thousand dollars ($100,000) in the aggregate each Term Year (“Compliance Expenditure Cap”) between the Effective Date and the last day of the Term:

Appears in 2 contracts

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

Compliance Expenditure Cap. If Seller establishes to SCE’s 's reasonable satisfaction that a change in Applicable Laws occurring after the Effective Date has increased Seller’s 's cost above the cost that could reasonably have been contemplated as of the Effective Date to take all actions to comply with Seller’s 's obligations under the Agreement with respect to obtaining, maintaining, conveying or effectuating SCE’s 's use of (as applicable), the items listed in Sections 1.11(a) through (d), then Seller’s 's required out-of-pocket expenses are limited to One Hundred Thousand dollars ($100,000) in the aggregate each Term Year (“Compliance Expenditure Cap”) between the Effective Date and the last day of the Term:

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

Compliance Expenditure Cap. If Seller establishes to SCE’s reasonable satisfaction that a change in Applicable Laws occurring after the Effective Date has increased Seller’s cost above the cost that could reasonably have been contemplated as of the Effective Date to take all actions to comply with Seller’s obligations under the Agreement with respect to obtaining, maintaining, conveying or effectuating SCE’s use of (as applicable), the items listed in Sections 1.11(a1.13(a) through (d), then Seller’s required out-of-pocket expenses are limited to One Hundred Thousand one hundred thousand dollars ($100,000) in the aggregate each Term Year (“Compliance Expenditure Cap”) between the Effective Date and the last day of the Term:: The contents of this document are subject to restrictions on disclosure as set forth herein.

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

Compliance Expenditure Cap. If Seller establishes to SCE’s reasonable satisfaction that a change in Applicable Laws occurring after the Effective Date has increased Seller’s cost above the cost that could reasonably have been contemplated as of the Effective Date to take all actions to comply with Seller’s obligations under the Agreement with respect to obtaining, maintaining, conveying or effectuating SCE’s use of (as applicable), the items listed in Sections 1.11(a1.13(a) through (d), then Seller’s required out-of-pocket expenses are limited to One Hundred Thousand one hundred thousand dollars ($100,000) in the aggregate each Term Year (“Compliance Expenditure Cap”) between the Effective Date and the last day of the Term:

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

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Compliance Expenditure Cap. If Seller establishes to SCE’s reasonable satisfaction that a change in Applicable Laws occurring after the Effective Date has increased Seller’s cost above the cost that could reasonably have been contemplated as of the Effective Date to take all actions to comply with Seller’s obligations under the Agreement with respect to obtaining, maintaining, conveying or effectuating SCE’s use of (as applicable), the items listed in Sections 1.11(a) through (d), then Seller’s required out-of-pocket expenses are limited to One Two Hundred Seventeen Thousand Two Hundred Sevety-Nine dollars ($100,000217,279.00 ) in the aggregate each Term Year (“Compliance Expenditure Cap”) between the Effective Date and the last day of the Term:

Appears in 1 contract

Samples: Renewable Power Purchase Agreement

Compliance Expenditure Cap. If Seller establishes to SCE’s reasonable satisfaction that a change in Applicable Laws occurring after the Effective Date has increased Seller’s cost above the cost that could reasonably have been contemplated as of the Effective Date to take all actions to comply with Seller’s obligations under the Agreement with respect to obtaining, maintaining, conveying or effectuating SCE’s use of (as applicable), the items listed in Sections 1.11(a) through (d), then Seller’s required out-of-pocket expenses are limited to One Hundred Thousand dollars ($100,000) in the aggregate each Term Year (“Compliance Expenditure Cap”) between the Effective Date and the last day of the Term:

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

Compliance Expenditure Cap. If Seller establishes to SCE’s reasonable satisfaction that a change in Applicable Laws occurring after the Effective Date has increased Seller’s cost above the cost that could reasonably have been contemplated as of the Effective Date to take all actions to comply with Seller’s obligations under the Agreement with respect to obtaining, maintaining, conveying or effectuating SCE’s use of (as applicable), the items listed in Sections 1.11(a) through (d), then Seller’s required out-of-pocket expenses are limited to One Two Hundred Twenty-Four Thousand dollars ($100,000224,000.00) in the aggregate each Term Year (“Compliance Expenditure Cap”) between the Effective Date and the last day of the Term:

Appears in 1 contract

Samples: Renewable Power Purchase Agreement

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