Common use of Decommissioning Cost Clause in Contracts

Decommissioning Cost. No more than 90 days in advance of the Commercialization Date, Company shall provide to Landowner an estimate of the cost, calculated by a reputable, mutually agreed upon third-party engineer not associated with the engineer or engineering firm that prepared the site plan or construction plans for the Solar Facility, for the removal of the Solar Facility Equipment from the Leased Property and the restoration of the soil surface of the Leased Property (the “Decommissioning Cost Estimate”). The estimated net market value of scrap or recyclable materials shall be considered in calculating the Decommissioning Cost Estimate. The Decommissioning Cost Estimate shall be updated every five (5) years at Company’s sole expense.

Decommissioning Cost. No more than 90 days in advance of the Commercialization Date, Company shall provide to Landowner an estimate of the cost, calculated by a reputable, mutually agreed upon third-party engineer not associated with the Company or with the engineer or engineering firm that prepared the site plan or construction plans for the Solar Facility, for the removal of the Solar Facility Equipment from the Leased Property and the restoration of the soil surface of the Leased Property (the “Decommissioning Cost Estimate”). The estimated net market value of scrap or recyclable materials shall be considered in calculating the Decommissioning Cost Estimate. The Decommissioning Cost Estimate shall be updated every five (5) years at Company’s sole expense.