Common use of Delivery Term of Designated Systems Clause in Contracts

Delivery Term of Designated Systems. Unless a Designated System is removed pursuant to the terms of this Agreement, the “Delivery Term” of a Designated System shall be the period starting on the first day of the month following the date the first REC from such Designated System is Delivered to Buyer and ending on the last day of the one hundred eightieth (180th) month after the start date of the Delivery Term where the first (1st) month is the month following the date the first REC from such Designated System is Delivered to Buyer; provided that such one hundred eighty (180) month period shall be automatically extended day for day for each day of any 12 Specifically, if payments have been made to Seller with respect to a Designated System, and the number of RECs Delivered from such Designated System is less than the Designated System Paid REC Quantity, then with respect to each such Designated System, Seller shall return a portion of the amount of payment equal to the multiplicative product of (A) the Contract Price and (B) the positive difference between (i) the Designated System Paid REC Quantity and (ii) the number of RECs that has been Delivered from such Designated System (not to exceed the Designated System Contract Maximum REC Quantity). Suspension Period in respect of such Designated System, up to a maximum extension of seven hundred thirty (730) days.

Delivery Term of Designated Systems. Unless a Designated System is removed pursuant to the terms of this Agreement, the “Delivery Term” of a Designated System shall be the period starting on the first day of the month following the date the first REC from such Designated System is Delivered to Buyer and ending on the last day of the one hundred eightieth (180th) month after the start date of the Delivery Term where the first (1st) month is the month following the date the first REC from such Designated System is Delivered to Buyer; provided that such one hundred eighty (180) month period shall be automatically extended day for day for each day of any 12 19 Specifically, if payments have been made to Seller with respect to a Designated System, and the number of RECs Delivered from such Designated System is less than the Designated System Paid REC Quantity, then with respect to each such Designated System, Seller shall return a portion of the amount of payment equal to the multiplicative product of (A) the Contract Price and (B) the positive difference between (i) the Designated System Paid REC Quantity and (ii) the number of RECs that has been Delivered from such Designated System (not to exceed the Designated System Contract Maximum REC Quantity). date the first REC from such Designated System is Delivered to Buyer; provided that such one hundred eighty (180) month period shall be automatically extended day for day for each day of any Suspension Period in respect of such Designated System, up to a maximum extension of seven hundred thirty (730) days.

Delivery Term of Designated Systems. Unless a Designated System is removed pursuant to the terms of this Agreement, the “Delivery Term” of a Designated System shall be the period starting on the first day of the month following the date the first REC from such Designated System is Delivered to Buyer and ending on the last day of the one onetwo hundred eightieth (180th180thfortieth (240th) month after the start date of the Delivery Term where the first (1st) month is the month following the date the first REC from such Designated System is Delivered to Buyer; provided that such one onetwo hundred eighty (180180forty (240) month period shall be automatically extended day for day for each day of any 12 Suspension Period up to a maximum extension of seven hundred thirty (730) days. 11 Specifically, if payments have been made to Seller with respect to a Designated System, and the number of RECs Delivered from such Designated System is less than the Designated System Paid REC Quantity, then with respect to each such Designated System, Seller shall return a portion of the amount of payment equal to the multiplicative product of (A) the Contract Price and (B) the positive difference between (i) the Designated System Paid REC Quantity and (ii) the number of RECs that has been Delivered from such Designated System (not to exceed the Designated System Contract Maximum REC Quantity). Suspension Period in respect of such Designated System, up to a maximum extension of seven hundred thirty (730) days.

Delivery Term of Designated Systems. Unless a Designated System is removed pursuant to the terms of this Agreement, the “Delivery Term” of a Designated System shall be the period starting on the first day of the month following the date the first REC from such Designated System is Delivered to Buyer and ending on the last day of the one hundred eightieth (180th) month after the start date of the Delivery Term where the first (1st) month is the month following the date the first REC from such Designated System is Delivered to Buyer; provided that such one hundred eighty (180) month period shall be automatically extended day for day for each day of any 12 22 Specifically, if payments have been made to Seller with respect to a Designated System, and the number of RECs Delivered from such Designated System is less than the Designated System Paid REC Quantity, then with respect to each such Designated System, Seller shall return a portion of the amount of payment equal to the multiplicative product of (A) the Contract Price and (B) the positive difference between (i) the Designated System Paid REC Quantity and (ii) the number of RECs that has been Delivered from such Designated System (not to exceed the Designated System Contract Maximum REC Quantity). following the date the first REC from such Designated System is Delivered to Buyer; provided that such one hundred eighty (180) month period shall be automatically extended day for day for each day of any Suspension Period in respect of such Designated System, up to a maximum extension of seven hundred thirty (730) days.