Common use of Production Tax Credit Clause in Contracts

Production Tax Credit. If legislation providing for an extension of tax credits for _________________ a period of at least __________ years in the amount of at least __________________ per MWh, for a [Insert Technology Type] facility placed in service before__________, is not enacted by [Insert Date], then Seller may terminate this Agreement and the Transaction entered into hereunder by written notice to Buyer. If Seller has the right to terminate this Agreement and the Transaction pursuant to this subsection 10.1(c), but fails to send written notice of termination by ______________, then Seller's termination right per this subsection 10.1(c) shall be deemed waived in its entirety.

Production Tax Credit. PTC"). If legislation providing for an extension of tax credits for _________________ a period of at least _______________ for a period of at least ten (10) years in the amount of at least _______________________ per MWh, for a [Insert Technology Type] _______________________ facility placed in service before__________, is not enacted by [Insert Date]__________, then Seller may terminate this Agreement and the Transaction entered into hereunder by written notice to Buyer. If Seller has the right to terminate this Agreement and the Transaction pursuant to this subsection 10.1(c), but fails to send written notice of termination by ______________, then Seller's termination right per this subsection 10.1(c) shall be deemed waived in its entirety.

Production Tax Credit. PTC"). If legislation providing for an extension of tax credits for _________________ a period of at least __________ years in the amount of at least e__________________ per MWh, for a [Insert Technology Type] ______________ facility placed in service before__________, is not enacted by [Insert Date]__________, then Seller may terminate this Agreement and the Transaction entered into hereunder by written notice to Buyer. If Seller has the right to terminate this Agreement and the Transaction pursuant to this subsection 10.1(c), but fails to send written notice of termination by ______________, then Seller's termination right per this subsection 10.1(c) shall be deemed waived in its entirety.

Production Tax Credit. If federal legislation providing for an extension of tax credits Production Tax Credits for _________________ a period of at least __________ years in the amount of at least __________________ per MWh, for a [Insert Technology Type] facility placed in service before__________, is not enacted by [Insert Date], then Seller may terminate this Agreement and the Transaction entered into hereunder by written notice Notice to Buyer. If Seller has the right to terminate this Agreement and the Transaction pursuant to this subsection 10.1(c), but fails to send written notice Notice of termination by ______________, then Seller's termination right per this subsection 10.1(c) shall be deemed waived in its entirety.

Production Tax Credit. If federal legislation providing for an extension of tax credits Production Tax Credits for _________________ a period of at least __________ years in the amount of at least __________________ per MWh, for a [Insert Technology Type] facility placed in service before__________, is not enacted by [Insert Date], then Seller may terminate this Agreement and the Transaction entered into hereunder by written notice Notice to Buyer. If Seller has the right to terminate this Agreement and the Transaction pursuant to this subsection 10.1(c), but fails to send written notice Notice of termination by ______________, then Seller's termination right per this subsection 10.1(c) shall be deemed waived in its entirety.