Common use of Construction and Ownership of the Facility Clause in Contracts

Construction and Ownership of the Facility. Seller shall use commercially reasonable and diligent efforts to site, develop, finance and construct the Facility. The Facility shall be owned by Seller during the Agreement Term, subject to Section 12.6. Seller shall develop the Facility, at its sole risk and expense, and in compliance with the requirements of this Agreement, Xxxxx’s interconnection requirements, and all applicable Requirements of Law and Prudent Utility Practices.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Construction and Ownership of the Facility. Seller shall use commercially reasonable and diligent efforts to site, develop, finance and construct the Facility. The Facility shall be owned by Seller during the Agreement Term, subject to Section 12.6. Seller shall develop the Facility, at its sole risk and expense, and in compliance with the requirements of this Agreement, XxxxxBuyer’s interconnection requirements, and all applicable Requirements of Law and Prudent Utility Practices.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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