Interpretation and Term Clause Samples

Interpretation and Term. Clause 1 Defined Terms Clause 2 References to the parties Clause 3 References to deadlines and periods of time Clause 4 Other interpretation Clause 5 Term of Agreement PART 2 SCHEME PURPOSE AND PRINCIPAL OBLIGATIONS Clause 6 Scheme purpose and overarching requirements Clause 7 Operational Verification Obligation Clause 8 Savings Obligation Clause 9 Post Winter Peak Obligations Clause 10 Other obligations PART 3 OPERATIONAL VERIFICATION OBLIGATION Clause 11 Operational Verification Obligation: evidence Clause 12 Operational Verification Obligation: activities Clause 13 Operational Verification Obligation: compliance Clause 14 Revision of M&V Plan PART 4 SAVINGS OBLIGATION Clause 15 Savings Obligation: assessment of Capacity Savings Clause 16 Savings Obligation: Winter Capacity Savings Report Clause 17 Savings Obligation: Delivered Savings Payment PART 5 POST WINTER PEAK OBLIGATIONS Clause 18 Post Winter Peak Obligations: Final Report Clause 19 Post Winter Peak Obligations: evaluation activities