Common use of Early Commercial Operations Date Clause in Contracts

Early Commercial Operations Date. If the Commercial Operations Date occurs prior to June 1, 2001 for one or both Units, Buyer shall market and sell such Electric Energy delivered to Buyer from such Unit(s) at the Prevailing Market Price therefor, if the Prevailing Market Price less Transaction Costs exceeds the Facility Electric Energy Rate and Buyer shall remit to Seller 90% of the Gross Margin on any such transaction.

Early Commercial Operations Date. If the Commercial Operations Date occurs prior to June July 1, 2001 for one or both Units, Buyer shall market and sell such Electric Energy delivered to Buyer from such Unit(s) at the Prevailing Market Price therefor, therefor if the Prevailing Market Price less Transaction Costs exceeds the Facility Electric Energy Rate Rate, and Buyer shall remit to Seller 90% of the Gross Margin on any such transaction.