Test Energy. No less than fourteen (14) days prior to the first day on which Test Energy is expected to be available from the Generating Facility, Seller shall notify Buyer of the availability of the Test Energy. If and to the extent the Generating Facility generates Test Energy, Seller shall sell, and Buyer shall purchase from Seller, all Test Energy and any associated Product of the Generating Facility on an as-available basis. As full compensation for such Test Energy and associated Product, Buyer shall pay Seller an amount equal to fifty percent (50%) of all net CAISO revenues received by Buyer for the Facility Energy (the “Test Energy Rate”). The conditions precedent in Section 2.2 are not applicable to the Parties’ obligations under this Section 3.6.
Appears in 2 contracts
Samples: Renewable Power Purchase Agreement, Renewable Power Purchase Agreement
Test Energy. No less than fourteen (14) days prior to the first day on which Test Energy is expected to be available from the Generating Facility, Seller shall notify Buyer of the availability of the Test Energy. If and to the extent the Generating Facility generates Test Energy, Seller shall sell, and Buyer shall purchase from Seller, all Test Energy and any associated Product of the Generating Facility on an as-available basis. As full compensation for such Test Energy and associated Product, Buyer shall pay Seller an amount equal to fifty percent (50%) of all net CAISO revenues received by Buyer for the Facility Energy (the “Test Energy Rate”). The conditions precedent in Section 2.2 are not applicable to the Parties’ obligations under this Section 3.6.. 27
Appears in 1 contract
Samples: Renewable Power Purchase Agreement
Test Energy. No less than fourteen (14) days prior to the first day on which Test Energy is expected to be available from the Generating Facility, Seller shall notify Buyer of the availability of the Test Energy. If and to the extent the Generating Facility generates Test Energy, Seller shall sell, and Buyer shall purchase from Seller, all Test Energy and any associated Product of the Generating Facility on an as-available basis. As full compensation for such Test Energy and associated Product, Buyer shall pay Seller an amount equal to fifty percent (50%) of all net CAISO revenues received by Buyer for the Facility Energy (the “Test Energy Rate”). The conditions precedent in Section 2.2 are not applicable to the Parties’ obligations under this Section 3.6.. 28
Appears in 1 contract
Samples: Renewable Power Purchase Agreement
