Power Purchase Agreements Sample Clauses

Power Purchase Agreements. 566 PSNH shall retain PPAs and sell the energy and capacity from those agreements into 567 the market, with the difference between the contract costs and the market revenues associated 568 with the PPAs’ energy and capacity to be recovered through the SCRC. RECs from such 569 PPAs will be managed prudently to benefit customers.

Power Purchase Agreements. (i) Breach of a Power Purchase Agreement by an Idaho Wind Entity and such breach results in a default under the Power Purchase Agreement that would immediately, or with the passage of the applicable grace period or the giving of notice or both, enable the Power Purchaser to terminate such Power Purchase Agreement and such breach is not remediable, or if remediable, shall continue unremedied for a period equal to (x) in respect of a Material Breach (as defined in a Power Purchase Agreement) the lesser of the cure period provided under such Power Purchase Agreement or 10 days (provided that where the Power Purchaser has issued a notice of material breach and specified a date by which such material breach must be cured (the “Cure Date”), the cure period under this Credit Agreement shall continue until the date which falls 15 days prior to the Cure Date) and (y) in respect of any other breach, the lesser of the cure period provided under such Power Purchase Agreement or 45 days, (ii) material breach of a Power Purchase Agreement by a party (other than an Idaho Wind Entity) that is not remediable, or if remediable, shall continue unremedied for 45 days after an Idaho Wind Entity receives notice of such breach unless such Power Purchase Agreement has been replaced (if capable of being replaced) within 90 days by a replacement agreement in form and substance reasonably satisfactory to the Administrative Agent; (iii) an Idaho Wind Entity shall repudiate its obligations under any Power Purchase Agreement; (iv) a party (other than an Idaho Wind Entity) shall repudiate its obligations under any Power Purchase Agreement unless such Power Purchase Agreement has been replaced (if capable of being replaced) within 90 days by a replacement agreement in form and substance reasonably satisfactory to the Administrative Agent; or (v) any Power Purchase Agreement shall terminate or otherwise cease to be valid and binding on the parties thereto (other than upon expiry) unless such Power Purchase Agreement has been replaced (if capable of being replaced) within 90 days by a replacement agreement in form and substance reasonably satisfactory to the Administrative Agent; provided that it shall not be an event of default hereunder if Borrower demonstrates, after giving effect to such breach or termination of the applicable Power Purchase Agreement, that the Projected Debt Service Coverage Ratio, calculated on a pro forma basis, is not below (i) 1.30:1.00 according to the P50 Produc...

Power Purchase Agreements. Company to obtain and deliver to RV Estates a feasibility study for each power purchase agreement executed by the Company prior to Closing.

Power Purchase Agreements. Elbow Creek Wind Project, LLC and Goat Wind, LP shall have entered into power purchase or hedge agreements for all of the electric energy generated by the Project owned by such Project Company on terms reasonably acceptable to Seller and Purchaser.

Power Purchase Agreements. To the knowledge of the Company, neither the Company nor any of its Subsidiaries is in default under any power purchase agreement to which it is a party, except as would not, individually or in the aggregate, reasonably be expected to have a Material Adverse Effect.

Power Purchase Agreements. If, at the Closing, ODEC has not agreed to assume all of Seller’s rights and obligations under the Power Purchases Agreements from and after the Effective Time, Buyer will assume such rights and obligations (which Buyer may share with REC as the buyer under the Sister Purchase Agreement) and subject to any administrative revisions to such agreements to reflect Buyer’s status as a cooperative. Such an agreement, if required, will be referred to herein as the “PPA Assignment and Assumption Agreement.”

Power Purchase Agreements. A power purchase agreement (PPA) is a contract to buy the electricity generated by a power plant. These agreements are a critical part of planning a successful wind project because they secure a long-term stream of revenue for the project through the sale of the electricity generated by the project. Securing a good PPA is often one of the most challenging elements of wind project development. This section covers the basics of a power purchase agreement and things to consider as you negotiate with a power purchaser. The main topics covered in this section are: ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ toll-free 800.946.3640 email ▇▇▇▇@▇▇▇▇▇▇▇▇▇.▇▇▇ ▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇

Power Purchase Agreements. POWGEX will provide HYFI with an executed PPA, or an executed Memorandum of Understanding for a PPA(s) including a deadline for their completion, which outlines: 2.3.1. Off-taker (Eskom or similar); 2.3.2. Agreement duration; 2.3.3. Price Per Kilowatt Hour; 2.3.4. Estimated volume; and 2.3.5. Any other significant conditions.

Power Purchase Agreements. The original Rova I Power Purchase Agreement, which was later amended and restated as the Rova I Power Purchase Agreement, was a product of Virginia Power’s 1988 bid solicitation. The original Rova II Power Purchase Agreement, which was later amended and restated as the Rova II Power Purchase Agreement, was a product of Virginia Power’s 1989 bid solicitation. Virginia Power has implemented its bid solicitation process pursuant to a 1988 order of the Virginia Corporation Commission authorizing the use of such a process to determine avoided cost pricing for Qualifying Cogeneration Facilities and instructing the Virginia Corporation Commission Staff to monitor such processes. The Virginia Corporation Commission Staff has reviewed, monitored, audited and commented on Virginia Power’s bid solicitation process including the solicitation documents, evaluation procedures and final selection of projects.