Common use of End of Term True-Up Clause in Contracts

End of Term True-Up. Within 60 Days of the end of the Term, Seller shall provide for review and approval a determination of the final Contract Price Adjustment and Shortfall Damages Payment, given the Rate Cap Limit. The net amount determined by the Commission shall be paid by the Party owing the obligation to the other Party in a manner and over a period of time determined by the Commission.

Appears in 5 contracts

Samples: Unit Contingent Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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