Common use of Energy Output Clause in Contracts

Energy Output. The failure of the Facility to produce any Energy for twelve (12) consecutive months during the Services Term, except to the extent excused by (i) a Force Majeure, (ii) a Catastrophic Failure not caused by a Force Majeure, unless and until such Catastrophic Failure exceeds the duration of the Catastrophic Failure Period, or (iii) if the applicable LMP at the Delivery Point is negative (as described in Section 4.2(a)) for the entire twelve (12) month period; or

Appears in 10 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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