Common use of Draw Down Orders Clause in Contracts

Draw Down Orders. 8.1 Once a Local Activation Letter becomes effective, the Company may issue specific orders for Components (“Draw Down Orders” or “DDO”) within the period of effectiveness of this Umbrella Contract. 8.2 Each Draw Down Order shall include, at a minimum, the following information: a. reference to the Umbrella Contract, if permitted by local law ; b. reference to the Local Activation Letter; c. Company information (company name, VAT code, registered office); d. Description, quantities and prices of the Components being ordered; e. Date of delivery of Components in Site; f. Schedule of Construction attached to DDO; g. shipment addresses of HPP; h. name of the person to whom invoices are to be addressed; i. delivery address of invoices; j. name and telephone number of person to be contacted for the Supply. Each DDO may also include any additional information on expediting activities or a Plan of Expediting, if any, attached to DDO. 8.3 Upon receipt of a Draw Down Order, Provider shall have 5 Working Days to confirm the Draw Down Order, otherwise the DDO will be deemed as rejected by Provider. Rejection of a Draw Down Order is a breach of the Contract unless legally excused (due to Force Majeure or on some other basis). 8.4 Upon confirmation of a Draw Down Order, Provider shall deliver the Component according to the Date of Delivery specified in DDO for that Component. 8.5 Nothing in the Contract and each DDO issued pursuant to the Contract may be construed as a commitment of the Company towards the Provider for the issuance of a minimum number of DDOs or the payment of a minimum amount under this Agreement.

Draw Down Orders. 8.1 Once a Local Activation Letter becomes effective, the Company may issue specific orders for Components (“Draw Down Orders” or “DDO”) within the period of effectiveness of this Umbrella Contract. 8.2 Each Draw Down Order shall include, at a minimum, the following information: a. reference to the Umbrella Contract, if permitted by local law ; b. reference to the Local Activation Letter; c. Company information (company name, VAT code, registered office); d. Description, quantities and prices of the Components being ordered; e. Date of delivery of Components in SiteHydro Power Plants; f. Schedule of Construction and Schedule of Installation, both attached to DDO; g. shipment addresses of HPP; h. name of the person to whom invoices are to be addressed; i. delivery address of invoices; ; j. name and telephone number of person to be contacted for the SupplySupply and Installation. Each DDO may also include any additional information on expediting activities or a Plan of Expediting, if any, attached to DDO. 8.3 Upon receipt of a Draw Down Order, Provider shall have 5 Working Days to confirm the Draw Down Order, otherwise the DDO will be deemed as rejected by Provider. Rejection of a Draw Down Order Drawdown order is a breach of the Contract unless legally excused (due to Force Majeure or on some other basis). 8.4 Upon confirmation of a Draw Down Order, Provider shall deliver and install the Component according to the Date of Delivery and Schedule of Installation specified in DDO for that Component. 8.5 Nothing in the Contract and each DDO issued pursuant to the Contract may be construed as a commitment of the Company towards the Provider for the issuance of a minimum number of DDOs or the payment of a minimum amount under this Agreement.