Common use of Option to Accept Replacement Power Clause in Contracts

Option to Accept Replacement Power. If Seller provides Seller’s Curtailment Notice under Article IV, Purchaser may elect either to accept Physical Curtailment or to purchase Replacement Power for all or any portion of the Curtailment Capacity during any or all of the Curtailment Hour(s) specified in Seller’s Curtailment Notice by giving notice in accordance with Section 5.2 or Section 5.4.

Option to Accept Replacement Power. If Seller or Purchaser provides Seller’s or Purchaser’s Curtailment Notice under Article IVSection 4.1, Purchaser may elect either to accept Physical Curtailment physically curtail or to purchase Replacement Power for all or any portion of the Curtailment Capacity during any or all of the Curtailment Hour(s) specified in Seller’s or Purchaser’s Curtailment Notice by giving notice in accordance with Section 5.2 or Section 5.4.

Option to Accept Replacement Power. If Seller or Purchaser provides Seller’s or Purchaser’s Curtailment Notice under Article IVSection 4.1, Purchaser may elect either to accept Physical Curtailment physically curtail or to purchase Replacement Power for all or any portion of the Curtailment Capacity during any or all of the Curtailment Hour(s) specified in Seller’s or Purchaser’s Curtailment Notice by giving notice in accordance with Section 5.2 or Section 5.4.