Termination by Seller On or After Commercial Operation Date. If Seller terminates this Agreement because of an Event of Default by Buyer occurring on or after the Commercial Operation Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula:
Appears in 12 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Termination by Seller On or After Commercial Operation Date. (A) If Seller terminates this Agreement because of an Event of Default by Buyer occurring on or after the Commercial Operation Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula:
Appears in 7 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Termination by Seller On or After Commercial Operation Date. If Seller terminates this Agreement [on or after the Commercial Operation Date] because of an Event of Default by Buyer occurring on or after the Commercial Operation DateXxxxx, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula:
Appears in 1 contract
Samples: Power Purchase Agreement
Termination by Seller On or After Commercial Operation Date. If Seller terminates this Agreement because of an Event of Default by Buyer occurring on or after the Commercial Operation Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula:: Σ[(CV – MV) + P N where: Term.
Appears in 1 contract
Samples: Power Purchase Agreement
