Common use of Startup Deadline Clause in Contracts

Startup Deadline. The Startup Deadline shall be December 31, 2009, or such other date as provided in this Agreement or as may be agreed to in a writing signed by both Parties. The Startup Deadline shall be extended on a day-for-day basis for any delay in enactment of the Federal Production Tax Credit Legislation beyond December 31, 2009, but may in no event be later than December 31, 2010.

Appears in 2 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement (GreenHunter Energy, Inc.)

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Startup Deadline. The Startup Deadline shall be December 31, 2009is [Date], or such other date as provided in this Agreement or as Agreement; provided that, notwithstanding anything herein to the contrary, the Startup Deadline may not be agreed later than five (5) years from the Effective Date. Subject to in a writing signed by both Parties. The the foregoing, the Startup Deadline shall be extended on a day-for-day basis for any delay in enactment of the Federal Production Investment Tax Credit Legislation beyond December 31, 2009, but may in no event be later than December 31, 2010[Date].

Appears in 2 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement

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