Common use of Regulation of Net Output of the Generating Facility Clause in Contracts

Regulation of Net Output of the Generating Facility. In its sole discretion, Buyer may require that Seller install, at Seller’s sole cost, a device or equipment that will disable the Generating Facility from delivering electric energy at a rate greater than 5,000 kWh per hour of Metered Energy. At Buyer’s request, Seller shall install such device before the Term Start Date or within 60 days if Buyer’s request is made any time after the Term Start Date. Unless otherwise agreed to by the Parties, Buyer shall own, operate, and maintain such device at Seller’s sole cost. Any such device shall be agreed upon by Seller and Buyer and must, in accordance with Prudent Electrical Practices, be suitable to the purpose for which it is installed and meet the Transmission Provider’s interconnection requirements.

Appears in 7 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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