Common use of Elimination or Reduction of Payment Obligations Clause in Contracts

Elimination or Reduction of Payment Obligations. Upon termination of Defaulting Purchaser’s Project Rights pursuant to Section 11.4 and conveyance, transfer or assignment of Defaulting Purchaser’s Project Rights and Obligations pursuant to Sections 11.5.1 or 11.5.2, Defaulting Purchaser’s obligation to make payments under this Agreement (notwithstanding anything to the contrary in this Agreement) shall not be eliminated or reduced except to the extent of moneys received by SCPPA as a result of the conveyance, transfer and assignment of Defaulting Purchaser’s Project Rights and Obligations, less SCPPA’s related costs and expenses.

Elimination or Reduction of Payment Obligations. Upon termination of Defaulting PurchaserProject Participant’s Project Rights pursuant to Section 11.4 11.5 and conveyance, transfer or assignment of Defaulting PurchaserProject Participant’s Project Rights and Obligations pursuant to Sections 11.5.1 or 11.5.2, Defaulting PurchaserProject Participant’s obligation to make payments under this its Power Sales Agreement (notwithstanding anything to the contrary in this Agreement) shall not be eliminated or reduced except to the extent of moneys received by SCPPA as a result of the conveyance, transfer and assignment of Defaulting PurchaserProject Participant’s Project Rights and Obligations, less SCPPA’s related costs and expenses.. I