Common use of Effect of Termination for Electric System Upgrades Cost and Delayed Interconnection Study Clause in Contracts

Effect of Termination for Electric System Upgrades Cost and Delayed Interconnection Study. If Seller exercises its termination right in connection with either (A) Electric Systems Upgrades under Section 4.2(b) or (B) a delayed Interconnection Study or Interconnection Agreement under Section 4.2(c), then [(I)] this Agreement shall terminate and Seller shall owe Buyer an amount equal to [INSERT] ($[INSERT]) (“Early Termination Payment”), subject to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(a).

Effect of Termination for Electric System Upgrades Cost and Delayed Interconnection Study. If Seller exercises its termination right in connection with either (A) Electric Systems Upgrades under Section 4.2(b) or (B) a delayed Interconnection Study or Interconnection Agreement under Section 4.2(c), then [(I)] this Agreement shall terminate and Seller shall owe Buyer an amount equal to [INSERT] ($[INSERT]) 20/kw (“Early Termination Payment”), subject to each Party’s satisfaction of all of the final payment and survival obligations set forth in Section 1.1(a).