Common use of For biomass facilities Clause in Contracts

For biomass facilities. Within thirty (30) days after the Effective Date, Seller shall have executed a delivered fixed-price fuel supply contract, that is acceptable to PGE (such acceptance not to be unreasonably withheld), for a term equal to or greater than the Term of this Agreement for the supply and delivery of not less than seventy-five percent (75%) of the maximum annual fuel requirements for the Facility, with an annual escalation rate not to exceed one and nine tenths percent (1.9%) per year.

For biomass facilities. Within thirty No later than sixty (3060) days after prior to the Effective Commercial Operation Date, Seller shall have executed a delivered fixed-price fuel supply contract, that is acceptable to PGE (such acceptance not to be unreasonably withheld), for a term equal to or greater than the Term of this Agreement for the supply and delivery of not less than seventy-five one hundred percent (75100%) of the maximum annual fuel requirements for the Facility, with an annual escalation rate not to exceed one and nine tenths percent (1.9%) per year.]