Common use of Failure to Meet Commercial Operation Deadline Clause in Contracts

Failure to Meet Commercial Operation Deadline. Subject to Seller’s right to extend the Commercial Operation Deadline as provided in Section 1.04, Section 3.06(c), and Section 5.03 (for Force Majeure where Seller is the Claiming Party), in the event that (i) Seller and SCE mutually agree that Commercial Operation will not occur on or before the Commercial Operation Deadline; (ii) the Commercial Operation Date will not occur due to any termination of this Agreement as a result of an Event of Default by Seller occurring on or before the Commercial Operation Deadline; or (iii) Seller abandons the Generating Facility, SCE shall be entitled to:

Appears in 9 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement

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Failure to Meet Commercial Operation Deadline. Subject to Seller’s 's right to extend the Commercial Operation Deadline as provided in Section 1.04, Section 3.06(c), and Section 5.03 (for Force Majeure where Seller is the Claiming Party), in the event that (i) Seller and SCE mutually agree that Commercial Operation will not occur on or before the Commercial Operation Deadline; (ii) the Commercial Operation Date will not occur due to any termination of this Agreement as a result of an Event of Default by Seller occurring on or before the Commercial Operation Deadline; or (iii) Seller abandons the Generating Facility, SCE shall be entitled to:

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

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