Common use of Termination Payment Prior to Commercial Operation Date Clause in Contracts

Termination Payment Prior to Commercial Operation Date. (A) If the termination of this Agreement due to a Seller Event of Default occurs before the Commercial Operation Date, then the Termination Payment shall be owed to Buyer and shall be calculated in accordance with Section 7.3(b)(ii).

Appears in 5 contracts

Samples: Storage Capacity Agreement, Storage Capacity Agreement, Storage Capacity Agreement

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Termination Payment Prior to Commercial Operation Date. (A) If A)If the termination of this Agreement due to a Seller Event of Default occurs before the Commercial Operation Date, then the Termination Payment shall be owed to Buyer and shall be calculated in accordance with Section 7.3(b)(ii).

Appears in 2 contracts

Samples: Storage Capacity Agreement, Storage Capacity Agreement

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