Common use of Delivery Term Clause in Contracts

Delivery Term. The Parties agree that the period of Product delivery is [insert: “ten (10)”, “fifteen (15), or “twenty (20)”] Contract Years. As used herein, “Delivery Term” shall mean the period of Contract Years specified above beginning on the Commercial Operation Date and continuing until the end of the last Contract Year unless terminated earlier as provided by the terms of this Agreement.

Delivery Term. The Parties agree that the period of Product delivery is [insert: “ten (10)”, “fifteen (15), or “twenty (20)”____] Contract Years. As used herein, “Delivery Term” shall mean the period of Contract Years specified above beginning on the Commercial Operation Date and continuing until the end of the last Contract Year unless terminated earlier as provided by the terms of this Agreement.

Delivery Term. The Parties agree that the period of Product delivery is [insert: “ten (10)”, “fifteen (15)”, or “twenty (20)”] Contract Years. As used herein, “Delivery Term” shall mean the period of Contract Years specified above beginning on the Commercial Operation Date and continuing until the end of the last Contract Year unless terminated earlier as provided by the terms of this Agreement.

Delivery Term. The Parties agree that the period of Product delivery is [insert: “ten (10)”, “fifteen (15), or “twenty (20)”] ) Contract Years. As used herein, “Delivery Term” shall mean the period of Contract Years specified above beginning on the Commercial Operation Date first day of the first full month following the later of (i) CPUC Approval or (ii) the date on which Buyer becomes Scheduling Coordinator for the Project (the “Effective Date”) and continuing until the end of the last Contract Year unless terminated earlier as provided by the terms of this Agreement.