Common use of Performance Commitment Clause in Contracts

Performance Commitment. Both Parties shall commit to perform this Agreement as follows: 1. Each Party is legally established to run their businesses in Vietnam. 2. Conclusion and performance of this Agreement shall be carried out by both Parties in accordance with conditions and contents of the operation license for power generation granted by the competent agency and relevant regulations. 3. Either Party shall not have any legal or administrative acts that hamper or affect the other Party’s performance of the Agreement. 4. The Agreement conclusion and performance of either Party shall not violate any provisions of other contracts or a part of another contract to which such Party is a signatory. This Agreement and its six appendices is an integral part of the Agreement and is made into 10 (ten) copies with the same validity. Each Party shall keep 04 (four) copies, and the Seller shall send 01 (one) copy of the PPA to the EREA and another copy to the Electricity Regulatory Authority of Vietnam. - Connection: - Connection to SCADA system: - Protection system: [Applied individually to each project based on specifications of the project, including the single- line diagram of connection equipment, list of characteristics of metering systems, voltage and connection requirements] Part A. General specifications 1. Name of the power plant: …………………………………………………….. 2. Location of the power plant: …………………………………………………. 3. Rated capacity: ..................................................................................... 4. Capacity sold to the Buyer: max [noting the planned capacity or the capacity in construction design appraisal results] MW. 5. Self-consumed capacity of the power plant: min...........kW; max kW 6. Expected annual power generation output: [following the construction design appraisal results] kWh 7. Completion date of construction of the power plant: …………………………. 8. Expected commercial operation date of the power plant: 9. Voltage fed to the distribution grid V

Performance Commitment. Both Parties shall commit to perform this Agreement as follows: 1. Each Party is legally established to run their businesses in Vietnam. 2. Conclusion and performance of this Agreement shall be carried out by both Parties in accordance with conditions and contents of the operation license for power generation granted by the competent agency and relevant regulations. 3. Either Party shall not have any legal or administrative acts that hamper or affect the other Party’s performance of the Agreement. 4. The Agreement conclusion and performance of either Party shall not violate any provisions of other contracts or a part of another contract to which such Party is a signatory. This Agreement and its six appendices is an integral part of the Agreement and is made into 10 (ten) copies with the same validity. Each Party shall keep 04 (four) copies, and the Seller shall send 01 (one) copy of the PPA to the EREA and another copy to the Electricity Regulatory Authority of Vietnam. - Connection: - Connection to SCADA system: - Protection system: [Applied individually to each project based on specifications of the project, including the single- single-line diagram of connection equipment, list of characteristics of metering systems, voltage and connection requirements] Part A. General specifications] 1. Name of the power plant: …………………………………………………….. 2. Location of the power plant: …………………………………………………. 3. Rated capacity: ..................................................................................... 4. Capacity sold to the Buyer: max [noting the planned capacity or the capacity in construction design appraisal results] MW. 5. Self-consumed capacity of the power plant: min...........kW; max kW 6. Expected annual power generation output: [following the construction design appraisal results] kWh 7. Completion date of construction of the power plant: …………………………. 8. Expected commercial operation date of the power plant: ................................. 9. Voltage fed to the distribution grid VV 10. Connection point to the distribution grid: ......................................................