Third Party Sales by the Seller. 10.5.1 Notwithstanding anything to the contrary contained in this Agreement, upon the occurrence of any of the following event(s), the Seller shall be entitled to regulate power supply of Solar PV power; i) Default in making payment by the 30th day from the Due Date, ii) Non-recoupment of LC by the 30thday of its operation. iii) Non-availability of LC for operation and for its required value by the 30thday of the Due Date. 10.5.2 The Seller shall issue the Notice for Regulation of Power Supply on the date above and shall give a notice of 7 days to start the regulation on the 8th day.
Appears in 4 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement (Ppa), Power Purchase Agreement
