Common use of Permitted Temporary Shutdown Clause in Contracts

Permitted Temporary Shutdown. Facility Lessee may temporarily shut down the Facility; provided that for voluntary shutdowns of one year or longer that are unrelated to making the modifications described in Section 7.4 of this Facility Lease, (i) prior to implementing such shutdown, NRG shall have complied with each of its obligations under Section 7.3(a)-(b) of the Participation Agreement; and (ii) the Facility Lessee shall deliver the Facility with Post-Modification Capability upon any return thereof to the Owner Lessor.”

Appears in 4 contracts

Samples: Facility Lease (Midwest Generation LLC), Facility Lease (Midwest Generation LLC), Midwest Generation LLC

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