Common use of Obligations of Corporation Clause in Contracts

Obligations of Corporation. Corporation agrees: (i) To allow Company to the extent possible to operate the Project as a base load generating station subject to system constraints. (ii) Subject to system constraints to off-take and purchase the Electricity generated by the Company at the Delivery Point. However backing down of generation for any reason what so ever shall be in accordance with the Grid Code and other regulations as notified by the Commission from time to time. (iii) To make tariff payments to the Company as set out in Article 5. (iv) To accord approval within a reasonable period for the Interconnection Facilities to be constructed by the Company. (v) To undertake maintenance of the transmission lines at its own cost after Commercial Operation Date. (vi) To provide start up power required for the plant.

Appears in 1 contract

Samples: Power Purchase Agreement

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Obligations of Corporation. Corporation agrees: (i) To to allow Company to the extent possible to operate the Project as a base load generating station subject to system constraints. (ii) Subject to system constraints to off-take and purchase the Electricity generated by the Company at the Delivery Point. However backing down of generation for any reason what so ever shall be in accordance with the Grid Code and other regulations as notified by the Commission from time to time. (iii) To to make tariff payments to the Company as set out in Article 5. (iv) To to accord approval within a reasonable period for the Interconnection Facilities to be constructed by the Company. (v) To to undertake maintenance of the transmission lines at its own cost after Commercial Operation Date. (vi) To to provide start up power required for the plant.

Appears in 1 contract

Samples: Power Purchase Agreement

Obligations of Corporation. Corporation agrees: (i) To to allow Company to the extent possible to operate the Project as a base load generating station subject to system constraints. (ii) Subject to system constraints to off-take and purchase the Electricity generated by the Company at the Delivery Point. However backing down of generation for any reason what so ever shall be in accordance with the Grid Code and other regulations as notified by the Commission from time to time. (iii) To to make tariff payments to the Company as set out in Article 5. (iv) To to accord approval within a reasonable period for the Interconnection Facilities to be constructed by the Company. (v) To to undertake maintenance of the transmission lines at its own cost after Commercial Operation Date. (vi) To to provide start up power required for the plant.

Appears in 1 contract

Samples: Power Purchase Agreement

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Obligations of Corporation. Corporation agrees: (i) To allow Company to the extent possible to operate the Project as a base load generating station subject to system constraints. (ii) Subject to system constraints to off-take and purchase all the Electricity generated by the Company at the Delivery Point. However However, backing down of generation for any reason what so ever whatsoever shall be in accordance with the Grid Code grid code and other regulations as notified by the Commission from time to time. (iii) To make tariff payments to the Company as set out in Article 5. (iv) To accord approval within a reasonable period for the Interconnection Facilities to be constructed by the Company. (v) To undertake maintenance of the transmission lines at its own cost after Commercial Operation Date. (vi) To provide start up power required for the plant.

Appears in 1 contract

Samples: Power Purchase Agreement

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