Common use of Termination due to Non-Natural Force Majeure Event Clause in Contracts

Termination due to Non-Natural Force Majeure Event. a) Upon occurrence of a Non-Natural Force Majeure Event, the RPD shall, at its discretion, have the right to terminate the PPA forthwith after the completion of the period of 180 (one hundred and eighty) Days from the date of the Force Majeure Notice. b) Notwithstanding anything in Article 11.6, on termination of the PPA pursuant to Article 11.10.2(a): i. The Buying Entity shall pay to the RPD for RE Project(s), ‘Force Majeure Termination Compensation’ equivalent to the amount of the Debt Due and the 110% (one hundred and ten per cent) of the Adjusted Equity, as defined in the PPA, for the RE Projects and takeover the RE Project assets. ii. The RPD shall be eligible for undisputed payments under outstanding Monthly Xxxx(s), before the occurrence of Force Majeure Event.

Termination due to Non-Natural Force Majeure Event. a) Upon occurrence of a Non-Natural Force Majeure Event, the RPD Generator shall, at its discretion, have the right to terminate the PPA forthwith after the completion of the period of 180 (one hundred and eighty) Days from the date of the Force Majeure Notice. b) Notwithstanding anything in Article 11.611.2.6, on termination of the PPA pursuant to Article 11.10.2(a):11.4 (a). i. The Buying Entity (i) the Procurer shall pay to the RPD for RE Project(s)Generator, ‘Force Majeure Termination Compensation’ equivalent to the amount of the Debt Due and the 110% (one hundred and ten per cent) of the Adjusted Equity, as defined in the PPAthese Guidelines, for the RE Projects and takeover the RE Project assets. (ii. The RPD ) the Generator shall be eligible for undisputed payments under outstanding Monthly Xxxx(sBill(s), before the occurrence of Force Majeure Event.”

Termination due to Non-Natural Force Majeure Event. a) Upon occurrence of a Non-Natural Force Majeure Event, the RPD Generator shall, at its discretion, have the right to terminate the PPA forthwith after the completion of the period of 180 (one hundred and eighty) Days from the date of the Force Majeure Notice. b) Notwithstanding anything in Article 11.67.1.6, on termination of the PPA pursuant to Article 11.10.2(a7.1.8.2(a): i. The Buying Entity (i) the Procurer shall pay to the RPD for RE Project(s)Generator, ‘„Force Majeure Termination Compensation’ Compensation‟ equivalent to the amount of the Debt Due and the 110% (one hundred and ten per cent) of the Adjusted Equity, as defined in the PPAthese Guidelines, for the RE Projects and takeover the RE Project assets. (ii. The RPD ) the Generator shall be eligible for undisputed payments under outstanding Monthly Xxxx(sBill(s), before the occurrence of Force Majeure Event.”