Common use of Final Distribution of Operating Account Clause in Contracts

Final Distribution of Operating Account. Following the expiration or earlier termination of the ESSA, and upon payment and satisfaction of any and all liabilities and obligations to make payments of the Project Participants under this Agreement and upon satisfaction of all remaining costs and obligations of CCP under the ESSA, any amounts then remaining in any Project Participant’s Operating Account shall be paid to the associated Project Participant.

Appears in 6 contracts

Samples: California Community Power, California Community Power, Participation Share Agreement

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