Common use of Purchase by Generator at Termination Clause in Contracts

Purchase by Generator at Termination. ‌ On the last day of the Term, Producer shall offer to sell to Generator, and Generator shall have the option to purchase (exercisable in whole or in part within thirty (30) days of the end of the Term), all Refined Coal on hand at its fair market value. Notwithstanding any provision of this Agreement to the contrary, the Delivery Point for the Refined Coal sold pursuant to this Section (if any) will be at, and title and risk of loss, damage or destruction with respect to such Refined Coal will pass to Generator at, the location of such Refined Coal at the time of such sale.

Appears in 1 contract

Samples: Supply Agreement

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Purchase by Generator at Termination. On At the last day end of the Term, Producer shall offer to sell to Generator, and Generator shall have the option to purchase (exercisable in whole or in part within thirty (30) days of the end of the Term), all Refined Producer Coal on hand at its fair market value. Notwithstanding any provision of this Agreement to the contrary, the Delivery Point for the Refined Producer Coal sold pursuant to this Section (if any) will be at, and title and risk of loss, damage or destruction with respect to such Refined Producer Coal will pass to Generator at, the location of such Refined Producer Coal at the time of such sale.

Appears in 1 contract

Samples: Supply Agreement

Purchase by Generator at Termination. ‌ On At the last day end of the Term, Producer shall offer to sell to Generator, and Generator shall have the option to purchase (exercisable in whole or in part within thirty (30) days of the end of the Term), all Refined Producer Coal on hand at its fair market value. Notwithstanding any provision of this Agreement to the contrary, the Delivery Point for the Refined Producer Coal sold pursuant to this Section (if any) will be at, and title and risk of loss, damage or destruction with respect to such Refined Producer Coal will pass to Generator at, the location of such Refined Producer Coal at the time of such sale.

Appears in 1 contract

Samples: Supply Agreement

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Purchase by Generator at Termination. On the last day of the Term, Producer shall offer to sell to Generator, and Generator shall have the option to purchase (exercisable in whole or in part within thirty (30) days of the end of the Term), all Refined Coal on hand at its fair market value. Notwithstanding any provision of this Agreement to the contrary, the Delivery Point for the Refined Coal sold pursuant to this Section (if any) will be at, and title and risk of loss, damage or destruction with respect to such Refined Coal will pass to Generator at, the location of such Refined Coal at the time of such sale.

Appears in 1 contract

Samples: Supply Agreement

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