Schedule 3 – Early Termination Fee. The Early Termination Fee with respect to the System under the Agreement shall be calculated in accordance with the following: Early Termination Occurs in Year: Column 1 Early Termination Fee where Purchaser does not take Title to the System ($/Wdc including costs of removal) 1* $5.44 2 $4.78 3 $4.46 4 $4.02 5 $3.56 6 $3.10 7 $2.98 8 $2.86 9 $2.73 10 $2.60 11 $2.46 12 $2.32 13 $2.17 14 $2.01 15 $1.93 16 $1.77 17 $1.60 18 $1.43 19 $1.25 20 $1.07 Purchase Date Occurs on the 91st day following : (Each “Anniversary” below shall refer to the anniversary of the Commercial Operation Date) Column 2 Early Termination Fee where Purchaser takes Title to the System ($/Wdc, does not include costs of removal) -- -- -- -- -- 5th Anniversary $2.60 6th Anniversary $2.48 7th Anniversary $2.36 8th Anniversary $2.23 9th Anniversary $2.10 10th Anniversary $1.96 11th Anniversary $1.82 12th Anniversary $1.67 13th Anniversary $1.51 14th Anniversary $1.43 15th Anniversary $1.24 16th Anniversary $1.07 17th Anniversary $0.90 18th Anniversary $0.72 19th Anniversary $0.54 At Expiration (the end of the Initial Term), the amount in Column 1 shall be deemed to be zero (0). *Includes Early Termination prior to the Commercial Operation Date.
Schedule 3 – Early Termination Fee. The Early Termination Fee with respect to the System under the Agreement shall be calculated in accordance with the following: Early Termination Occurs in Year: Column 1 Early Termination Fee where Purchaser does not take Title to the System ($/Wdc including costs of removal) 6 7 8 9 10 11 12 13 14 15 16 18 19 20 Purchase Date Occurs on the 91st day following: (Each “Anniversary” below shall refer to the anniversary of the Commercial Operation Date) Column 2 Early Termination Fee where Purchaser takes Title to the System ($/Wdc, does not include costs of removal)* -- -- -- -- -- 5th Anniversary 6th Anniversary 7th Anniversary 8th Anniversary 9th Anniversary 10th Anniversary 11th Anniversary 12th Anniversary 13th Anniversary 14th Anniversary 15th Anniversary 16th Anniversary 17th Anniversary 18th Anniversary 19th Anniversary At Expiration (the end of the Initial Term), the amount in Column 1 shall be deemed to be zero (0). *Includes Early Termination prior to the Commercial Operation Date.
Schedule 3 – Early Termination Fee. The Early Termination Fee with respect to the System under the Agreement shall be calculated in accordance with the following understanding the actual amount may change as it is based on dollars per watt ($/watt) and could change based on final system size configuration at installation: Early Termination Occurs in Year: Column 1 Early Termination Fee where Purchaser does not take Title to the System (including costs of removal) Extended ($/watt X 462 kW) Purchase Date Occurs on the 91st day following : (Each “Anniversary” below shall refer to the anniversary of the Commercial Operation Date) Column 2 Early Termination Fee where Purchaser takes Title to the System (does not include costs of removal)* Extended ($/watt X 462 kW) 1* $ 10.52 $4,860,057 2 $ 7.43 $3,432,660 3 $ 6.93 $3,201,660 4 $ 6.36 $2,938,320 5 $ 5.76 $2,661,120 6 $ 5.12 $2,365,440 5th Anniversary $ 4.62 $2,134,440 7 $ 5.00 $2,310,000 6th Anniversary $ 4.50 $2,079,000 8 $ 4.86 $2,245,320 7th Anniversary $ 4.36 $2,014,320 9 $ 4.71 $2,176,020 8th Anniversary $ 4.21 $1,945,020 10 $ 4.53 $2,092,860 9th Anniversary $ 4.03 $1,861,860 11 $ 4.29 $1,981,980 10th Anniversary $ 3.79 $1,750,980 12 $ 4.01 $1,852,620 11th Anniversary $ 3.51 $1,621,620 13 $ 3.71 $1,714,020 12th Anniversary $ 3.21 $1,483,020 14 $ 3.39 $1,566,180 13th Anniversary $ 2.89 $1,335,180 15 $ 3.06 $1,413,720 14th Anniversary $ 2.56 $1,182,720 16 $ 2.72 $1,256,640 15th Anniversary $ 2.22 $1,025,640 17 $ 2.37 $1,094,940 16th Anniversary $ 1.87 $863,940 18 $ 2.00 $924,000 17th Anniversary $ 1.50 $693,000 19 $ 1.62 $748,440 18th Anniversary $ 1.12 $517,440 20 $ 1.43 $660,660 19th Anniversary $ 0.93 $429,660 At Expiration (the end of the Initial Term), the amount in Column 1 shall be deemed to be zero (0). *Includes Early Termination prior to the Commercial Operation Date.
