TITLE TO GENERATING FACILITIES Sample Clauses

TITLE TO GENERATING FACILITIES. Throughout the duration of the Agreement, Seller or Seller’s Financing Party shall be the legal and beneficial owner of the Generating Facility at all times, and the Generating Facility shall remain the personal property of Seller or Seller’s Financing Party and shall not attach to or be deemed a part of, or fixture to, the Site. The Generating Facility shall at all times retain the legal status of personal property as defined under Article 9 of the Uniform Commercial Code. Buyer covenants that it will use reasonable commercial efforts to place all parties having an interest in or lien upon the real property comprising the Site on notice of the ownership of the Generating Facility and the legal status or classification of the Generating Facility as personal property. If there is any mortgage or fixture filing against the Site which could reasonably be construed as attaching to the Generating Facility as a fixture of the Site, Buyer shall provide, at Seller’s request, a disclaimer or release from such lien holder. If Buyer is the fee owner of the Site, Buyer consents to the filing by Seller, on behalf of Buyer, of a disclaimer of the Generating Facility as a fixture of the Site in the office where real estate records are customarily filed in the jurisdiction of the Site. If Buyer is not the fee owner, Buyer will, at Seller’s request, use commercially reasonable efforts to obtain such consent from such owner EXHIBITS INCORPORATED INTO AGREEMENT Exhibit 1 – Termination Payment Form Exhibit 2 – Description of Generating Facilities Exhibit 3 – Sites Descriptions Exhibit 4 – Base Contract Price Exhibit 5 – Expected Contract Quantity Form Exhibit 6– Form of Attestation Exhibit 7 – Insurance Requirements Exhibit 8 – Site License Exhibit 9 – Panel and Inverter Warranties Exhibit 10 – General Conditions – Financing Parties Exhibit 11 – Design and Construction Requirements Exhibit 1 Termination Payment Form Year of Contact Contract Period, Months Termination Payment ($ per Watt DC) 1 1-12 $6.90 2 13-24 $6.67 3 25-36 $6.44 4 37-48 $6.21 5 49-60 $5.98 6 61-72 $5.75 7 73-84 $5.52 8 85-96 $5.29 9 97-108 $5.06 00 000-000 $4.83 Exhibit 2 Description of Generating Facilities The Generating Facilities consist of the following:
Sample 1
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Related to TITLE TO GENERATING FACILITIES

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  • Access to Facilities Each of the Company and each of its Subsidiaries will permit any representatives designated by the Purchaser (or any successor of the Purchaser), upon reasonable notice and during normal business hours, at such person's expense and accompanied by a representative of the Company, to:

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  • Interconnection Facilities 4.1.1 The Interconnection Customer shall pay for the cost of the Interconnection Facilities itemized in Attachment 2 of this Agreement. The NYISO, in consultation with the Connecting Transmission Owner, shall provide a best estimate cost, including overheads, for the purchase and construction of its Interconnection Facilities and provide a detailed itemization of such costs. Costs associated with Interconnection Facilities may be shared with other entities that may benefit from such facilities by agreement of the Interconnection Customer, such other entities, the NYISO, and the Connecting Transmission Owner.

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  • BUYER'S FACILITIES 1. Buyer will maintain at its own expense facilities from the delivery point to the point of use and the burners and equipment for using gas, and Buyer will at all times keep gas-using equipment on said premises in a condition conforming with such reasonable rules and regulations as may be prescribed therefore by regulatory authority having jurisdiction thereover and with the requirements of any valid law thereto appertaining. In the event that rules are not prescribed by a regulatory authority, Buyer will abide by codes as used in the gas industry.

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  • Interconnection Customer’s Interconnection Facilities Construction The Interconnection Customer’s Interconnection Facilities shall be designed and constructed in accordance with Good Utility Practice. Within one hundred twenty (120) Calendar Days after the Commercial Operation Date, unless the Participating TO and Interconnection Customer agree on another mutually acceptable deadline, the Interconnection Customer shall deliver to the Participating TO and CAISO “as-built” drawings, information and documents for the Interconnection Customer’s Interconnection Facilities and the Electric Generating Unit(s), such as: a one-line diagram, a site plan showing the Large Generating Facility and the Interconnection Customer’s Interconnection Facilities, plan and elevation drawings showing the layout of the Interconnection Customer’s Interconnection Facilities, a relay functional diagram, relaying AC and DC schematic wiring diagrams and relay settings for all facilities associated with the Interconnection Customer's step-up transformers, the facilities connecting the Large Generating Facility to the step-up transformers and the Interconnection Customer’s Interconnection Facilities, and the impedances (determined by factory tests) for the associated step-up transformers and the Electric Generating Units. The Interconnection Customer shall provide the Participating TO and the CAISO specifications for the excitation system, automatic voltage regulator, Large Generating Facility control and protection settings, transformer tap settings, and communications, if applicable. Any deviations from the relay settings, machine specifications, and other specifications originally submitted by the Interconnection Customer shall be assessed by the Participating TO and the CAISO pursuant to the appropriate provisions of this LGIA and the LGIP.

  • System Protection Facilities The Interconnection Customer shall, at its expense, install, operate and maintain System Protection Facilities as a part of the Large Generating Facility or the Interconnection Customer’s Interconnection Facilities. The Participating TO shall install at the Interconnection Customer's expense any System Protection Facilities that may be required on the Participating TO’s Interconnection Facilities or the Participating TO’s Transmission System as a result of the interconnection of the Large Generating Facility and the Interconnection Customer’s Interconnection Facilities.

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