Common use of Shortfall Energy Default Clause in Contracts

Shortfall Energy Default. The failure of Seller to deliver in each of two consecutive Contract Years at least fifty percent (50%) of the Guaranteed Generation, which shall be reduced by the amount of Facility Energy that would have been generated and delivered during such Contract Year but for (i) Force Majeure, (ii) Buyer’s failure to perform (including Xxxxx’s failure to receive Facility Energy under Section 6.3), or (iii) curtailment pursuant to Section 7.4.

Shortfall Energy Default. The failure of Seller to deliver in each of two consecutive Contract Years at least fifty percent (50%) of the Guaranteed Generation, which shall be reduced by the amount of Facility Energy that would have been generated and delivered during such Contract Year but for (ia) Force Majeure, or (iib) Buyer’s failure to perform (including XxxxxBuyer’s failure to receive Facility Energy under Section 6.3), or (iii) curtailment pursuant to Section 7.4.

Shortfall Energy Default. The failure of Seller to deliver in each of two consecutive Contract Years at least fifty percent (50%) of the Guaranteed Generation, which shall be reduced by the amount of Facility Energy that would have been generated and delivered during such Contract Year but for (ia) Force Majeure, or (iib) Buyer’s failure to perform (including XxxxxBuyer’s failure to receive Facility Energy under Section 6.3), or (iii) curtailment pursuant to Section 7.4.

Shortfall Energy Default. The failure of Seller to deliver in each of two consecutive Contract Years at least fifty percent (50%) of the Guaranteed Generation, which shall be reduced by the amount of Facility Energy that would have been generated and delivered during such Contract Year but for (i) Force Majeure, (ii) Buyer’s failure to perform (including XxxxxBuyer’s failure to receive Facility Energy under Section 6.3), or (iii) curtailment pursuant to Section 7.4.