Termination by Seller On or After Financial Closing Date. If Seller terminates this Agreement because of an Event of Default by Buyer on or after the Financial Closing Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula: ∑ (CV – MV) + P N where:
Appears in 6 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Termination by Seller On or After Financial Closing Date. If Seller terminates this Agreement because of an Event of Default by Buyer on or after the Financial Closing Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula: ∑ (CV – MV) + P N where:
Appears in 5 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Termination by Seller On or After Financial Closing Date. If Seller terminates this Agreement because of an Event of Default by Buyer on or after the Financial Closing Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula: ∑ (CV – MV) + P N where:: “∑” is the summation over the remainder of the Services Term. N “CV” is the Contract Value.
Appears in 3 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Termination by Seller On or After Financial Closing Date. If Seller terminates this Agreement because of an Event of Default by Buyer on or after the Financial Closing Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula: ∑ (CV – MV) + P N where:: “∑” is the summation over the remainder of the Services N “CV” is the Contract Value.
Appears in 2 contracts
Termination by Seller On or After Financial Closing Date. If Seller terminates this Agreement because of an Event of Default by Buyer on or after the Financial Closing Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula: ∑ (CV – MV) + P N where:: Author Deleted: - Author -21- “∑” is the summation over the remainder of the Services Term. N “CV” is the Contract Value.
Appears in 1 contract
Samples: Power Purchase Agreement
Termination by Seller On or After Financial Closing Date. If Seller terminates this Agreement because of an Event of Default by Buyer on or after the Financial Closing Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula: ∑ (CV ∑(CV – MV) + P N where:: “∑” is the summation over the remainder of the Services Term. N “CV” is the Contract Value.
Appears in 1 contract
Termination by Seller On or After Financial Closing Date. If Seller terminates this Agreement because of an Event of Default by Buyer on or after the Financial Closing Date, the Termination Payment due to Seller shall be equal to the amount, if positive, calculated according to the following formula: ∑ (CV – MV) + P N where:: “∑” is the summation over the remainder of the Services Term. N Term. ∑(RV – CV) + P N “CV” is the Contract Value.
Appears in 1 contract
Samples: Power Purchase Agreement
