Common use of Schedule 3 – Early Termination Fee Clause in Contracts

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* $5.31 2 $4.66 3 $4.35 4 $3.93 5 $3.49 6 $3.03 7 $2.92 8 $2.80 9 $2.67 10 $2.55 11 $2.42 12 $2.28 13 $2.13 14 $1.98 15 $1.89 16 $1.74 17 $1.58 18 $1.41 19 $1.24 20 $1.06 Purchase Date Occurs on the 91st day following : (Each “Anniversary” below shall refer to the anniversary of the Commercial Operation Date) Column 2 Early Termination Fee where Purchaser takes Title to the System ($/Wdc, does not include costs of removal) -- -- -- -- -- 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.

Appears in 2 contracts

Samples: Solar Power & Services Agreement, Solar Power & Services Agreement

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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* $5.31 5.08 2 $4.66 4.47 3 $4.35 4.17 4 $3.93 3.76 5 $3.49 3.35 6 $3.03 2.91 7 $2.92 2.80 8 $2.80 2.68 9 $2.67 2.57 10 $2.55 2.45 11 $2.42 2.32 12 $2.28 2.19 13 $2.13 2.05 14 $1.98 1.91 15 $1.89 1.83 16 $1.74 1.68 17 $1.58 1.53 18 $1.41 1.37 19 $1.24 1.21 20 $1.06 1.04 Purchase Date Occurs on the 91st day following : (Each “Anniversary” below shall refer to the anniversary of the Commercial Operation Date) Column 2 Early Termination Fee where Purchaser takes Title to the System ($/Wdc, does not include costs of removal) -- -- -- -- -- 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.

Appears in 2 contracts

Samples: Solar Power & Services Agreement, Solar Power & Services Agreement

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* $5.31 5.09 2 $4.66 4.48 3 $4.35 4.18 4 $3.93 3.78 5 $3.49 3.36 6 $3.03 2.92 7 $2.92 2.81 8 $2.80 2.70 9 $2.67 2.58 10 $2.55 2.45 11 $2.42 2.33 12 $2.28 2.20 13 $2.13 2.06 14 $1.98 1.92 15 $1.89 1.84 16 $1.74 1.69 17 $1.58 1.53 18 $1.41 1.37 19 $1.24 1.21 20 $1.06 1.04 Purchase Date Occurs on the 91st day following : (Each “Anniversary” below shall refer to the anniversary of the Commercial Operation Date) Column 2 Early Termination Fee where Purchaser takes Title to the System ($/Wdc, does not include costs of removal) -- -- -- -- -- 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.

Appears in 1 contract

Samples: Solar Power & Services Agreement

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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* $5.31 4.72 2 $4.66 4.16 3 $4.35 3.88 4 $3.93 3.51 5 $3.49 3.13 6 $3.03 2.72 7 $2.92 2.62 8 $2.80 2.51 9 $2.67 2.41 10 $2.55 2.30 11 $2.42 2.18 12 $2.28 2.06 13 $2.13 1.93 14 $1.98 1.81 15 $1.89 1.73 16 $1.74 1.59 17 $1.58 1.45 18 $1.41 1.30 19 $1.24 1.15 20 $1.06 1.00 Purchase Date Occurs on the 91st day following : (Each “Anniversary” below shall refer to the anniversary of the Commercial Operation Date) Column 2 Early Termination Fee where Purchaser takes Title to the System ($/Wdc, does not include costs of removal) -- -- -- -- -- 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.

Appears in 1 contract

Samples: Solar Power & Services Agreement

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