Common use of Title and Risk of Loss of Net Output Clause in Contracts

Title and Risk of Loss of Net Output. Seller must deliver Net Output to the Point of Delivery free and clear of all liens, claims, and encumbrances. Title to and risk of loss of all Net Output transfers from Seller to Utility upon its delivery to Utility at the Point of Delivery. Seller is in exclusive control of, and responsible for, any damage or injury caused by, all Output up to and at the Point of Delivery. Utility is in exclusive control of, and responsible for, any damages or injury caused by, Net Output after the Point of Delivery.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Title and Risk of Loss of Net Output. Seller must shall deliver Net Output to the Point of Delivery and associated RECs and Capacity Rights free and clear of all liens, claims, claims and encumbrances. Title to and risk of loss of all Net Output transfers shall transfer from Seller to Utility Buyer upon its delivery to Utility Buyer at the Point of Delivery. Seller is shall be deemed to be in exclusive control of, and responsible for, any damage or injury caused by, by all Output up to and at the Point of Delivery. Utility is Buyer shall be deemed to be in exclusive control of, and responsible for, any damages or injury caused by, the Net Output after received by Buyer at the Point of Delivery.

Appears in 1 contract

Samples: Power Purchase Agreement

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