Schedule and Amounts. 1 year Customer Success Order – 75% of the remaining billable amount. • 2 year Customer Success Order – 75% of the first year remaining amount and 50% of year 2 remaining amount. • 3-4 year Customer Success Order – 75% of the first year remaining amount and 50% of year 2 remaining amount and 40% of year 3-4 remaining amount. • 5 year Customer Success Order – 75% of the first year remaining amount and 50% of year 2 remaining amount and 40% of year 3-4 remaining amount and 30% of year 5 remaining amount. • The parties acknowledge that the termination charges set forth in this Section 8 are a genuine estimate of the actual damages that NETdepot will suffer and are not a penalty.
Schedule and Amounts. On each of the dates specified in the table below (each a “Funding Date”), funds shall be added to the Accrued Benefit in the amounts specified in the table below (each an “Accrued Amount”): Effective Date of this Agreement $ 1,000,000 Upon the commencement of commercial operations of the MLGS, which shall be deemed to have occurred when the Initial Delivery Date has occurred for purposes of the Power Purchase Agreement between Xxxxx Landing and Pacific Gas and Electric Company (the “Initial Delivery Date”). $ 500,000 Upon each anniversary of the Initial Delivery Date, up to and including the tenth (10th) such anniversary (after which time this Funding Date and the associated Accrued Amount shall no longer apply). $ 400,000 per Funding Date $ 4,000,000 total
Schedule and Amounts. 1 year Customer Success Order – 75% of the remaining billable amount.
