Common use of Sale by the Company and Purchase by JPS Clause in Contracts

Sale by the Company and Purchase by JPS. Subject to and in accordance with the terms of this Agreement, the Company shall make available and sell to JPS, and JPS, pursuant to its Licence, shall purchase from the Company for the consideration described herein, the Dependable Capacity and Net Energy Output of the Facility in accordance with the provisions of Schedule 6, during testing, commissioning and after the Commercial Operations Date. Title to, and risk of loss for, Net Energy Output shall pass from the Company to JPS at the Interconnection Point.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Sale by the Company and Purchase by JPS. Subject to and in accordance with the terms of this Agreement, the Company shall make available and sell to JPS, and JPS, pursuant to its Licence, shall purchase from the Company for the consideration described herein, the Dependable Capacity and Net Energy Output of the Facility in accordance with the provisions of Schedule 6, during testing, commissioning from and after the Commercial Operations Date. Title to, and risk of loss for, Net Energy Output shall pass from the Company to JPS at the Interconnection Point.

Appears in 1 contract

Samples: Power Purchase Agreement

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Sale by the Company and Purchase by JPS. Subject to and in accordance with the terms of this Agreement, the Company shall make available and sell to JPS, and JPS, pursuant to its Licence, shall purchase from the Company for the consideration described herein, the Dependable Capacity and Net Energy Output of the Facility in accordance with the provisions of Schedule 6, during testing, commissioning and after the Commercial Operations Date. Title to, and risk of loss for, Net Energy Output shall pass from the Company to JPS at the Interconnection Point.

Appears in 1 contract

Samples: Power Purchase Agreement

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