Determine the Simple Payback Period and NRR Sample Clauses

Determine the Simple Payback Period and NRR. (Simple Payback Period) The Supplier acknowledges that each of the Simple Payback Period (Proposal) and the NRR(Simple Payback Period) (Proposal) as calculated using the methodology set out in Section 1 of Exhibit Q based on the information provided by the Supplier in the Proposal has been transcribed into Exhibit B as of the date of this Agreement. Each of the Simple Payback Period (COD) and the NRR(Simple Payback Period) (COD) shall be calculated as of the Commercial Operation Date using the methodology set out in Section 2 of Exhibit Q based on the Actual Incremental Capital Costs as set out in the DSM Verification Certificate – Commercial Operation delivered by the Supplier. If the calculation of the Simple Payback Period (COD) results in a Simple Payback Period (COD) of three years or less, then the Buyer shall have the right to terminate this Agreement. If the DSM Project has a Simple Payback Period (COD) greater than three years, but the calculation of NRR(Simple Payback Period) (COD) results in an NRR(Simple Payback Period) (COD) that is less than the NRR(Simple Payback Period) (Proposal) set out in Exhibit B, then the NRR(Simple Payback Period) that will be used for any calculations during the Term shall be fixed at the lesser amount. If the calculation of NRR(Simple Payback Period) (COD) results in an NRR(Simple Payback Period) (COD) that is greater than or equal to the NRR(Simple Payback Period) (Proposal) set out in Exhibit B, then the NRR(Simple Payback Period) that will be used for any calculations during the Term shall be fixed at the NRR(Simple Payback Period) (Proposal).
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