Common use of Negative LMP Strike Price Clause in Contracts

Negative LMP Strike Price. Buyer may change the Negative LMP StrikePrice by providing written notice to Seller at least five (5) Business Days prior to the effective date of such change, which notice must identify the new Negative LMP Strike Price and the effective date for the new Negative LMP Strike Price; provided, however, that the Negative LMP Strike Price identified by Buyer must be less than or equal to zero dollars per MWh ($0/MWh).

Appears in 2 contracts

Samples: Renewable Power Purchase Agreement, Renewable Power Purchase Agreement

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Negative LMP Strike Price. Buyer may change the Negative LMP StrikePrice Strike Price by providing written notice to Seller at least five (5) Business Days prior to the effective date of such change, which notice must identify the new Negative LMP Strike Price and the effective date for the new Negative LMP Strike Price; provided, however, that the Negative LMP Strike Price identified by Buyer must be less than or equal to zero dollars per MWh ($0/MWh).. APPENDIX B

Appears in 1 contract

Samples: Renewable Power Purchase Agreement

Negative LMP Strike Price. Buyer may change the Negative LMP StrikePrice Strike Price by providing written notice to Seller at least five (5) Business Days prior to the effective date of such change, which notice must identify the new Negative LMP Strike Price and the effective date for the new Negative LMP Strike Price; provided, however, that the Negative LMP Strike Price identified by Buyer must be less than or equal to zero dollars per MWh ($0/MWh).

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

Negative LMP Strike Price. Buyer may change the Negative LMP StrikePrice Strike Price by providing written notice Notice to Seller at least five (5) Business Days prior to the effective date of such change, which notice must identify the new Negative LMP Strike Price and the effective date for the new Negative LMP Strike Price; provided, however, that the Negative LMP Strike Price identified by Buyer must be less than or equal to zero dollars per MWh ($0/MWh).

Appears in 1 contract

Samples: Renewable Power Purchase Agreement

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Negative LMP Strike Price. Buyer may change the Negative LMP StrikePrice Strike Price by providing written notice to Seller at least five (5) Business Days prior to the effective date of such change, which notice must identify the new Negative LMP Strike Price and the effective date for the new Negative LMP Strike Price; provided, however, that the APPROVAL DRAFT Negative LMP Strike Price identified by Buyer must be less than or equal to zero dollars per MWh ($0/MWh).. APPENDIX B

Appears in 1 contract

Samples: Renewable Power Purchase Agreement

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