Provider Default. 32 In the event of a Default by the Provider the Provider shall, in the sole election of the Provider, either 33 commence and complete Decommissioning or surrender the Generating Facility and Supporting 34 Infrastructure to the Receiver. If the Provider elects to surrender the Generating Facility and Supporting 35 Infrastructure to the Receiver then the Provider shall release all easements and/or leases between the 36 Receiver and the Provider, and, if requested by the Receiver, allowing such releases to be recorded by the 37 County and grant the Receiver an easement and/or lease as necessary to continue to operate the Generating 38 Facility during the Term. If the Receiver declines the surrender, then the Provider shall complete 39 Decommissioning pursuant to Section 4.16 solely at the Provider’s expense.
Appears in 4 contracts
Samples: Renewable Energy Agreement, Renewable Energy Agreement, Renewable Energy Agreement
