Transfer of Ownership Rights and Interest Sample Clauses

Transfer of Ownership Rights and Interest. 21 3.3.1 SEP II hereby transfers to Mesquite Solar 2 and Mesquite Solar 3 that 22 portion of SEP II’s rights and interests in the Interconnection Agreement 23 equivalent to the Mesquite Solar 2 and Mesquite Solar 3 Pro Rata 1 Facilities Share (as defined below) pursuant to Section 20.1 of the 2 Interconnection Agreement, and the ANPP Switchyard Participants hereby 3 consent to such transfer. 4 3.3.2 SEP II, Mesquite Solar 2 and Mesquite Solar 3 each will own joint 5 undivided interests in the Interconnection Facilities and the Generating Facility 6 Interconnection Tie Line equivalent to the pro rata share of generation 7 capacity associated with, in the case of Mesquite Solar 2, a 100 MW phase of 8 the 700 MW Solar Generating Facility, and, in the case of Mesquite Solar 3, a 9 152 MW phase of the 700 MW Solar generating Facility, and, in the case of 10 SEP II, the remaining 283 MW phase of the 700 MW Solar Generating 11 Facility; whereas, as established by Amendment No. 2 of the Interconnection 12 Agreement, Mesquite Power and SRP each will continue to own joint 13 undivided interests in the Interconnection Facilities and the Generating Facility 14 Interconnection Tie Line equivalent to the pro rata share of generation 15 capacity consistent with the ownership by SRP of the 625 MW Power Block 1 16 and the ownership by Mesquite Power of the 625 MW Power Block 2 of the 17 nominally rated 1250 MW Mesquite Generating Station combined cycle facility 18 and, in the case of Mesquite Solar, a 165 MW phase of the 700 MW 19 Solar Generating Facility (in the case of each of the foregoing 20 Interconnectors, the “Pro Rata Facilities Share”).

Transfer of Ownership Rights and Interest. 3.3.1 Mesquite Solar hereby transfers to SEP II that portion of Mesquite Solar's rights and interests in the Interconnection Agreement equivalent to the SEP II Pro Rata Facilities Share (as defined below) pursuant to Section 20.1 of the Interconnection Agreement, and the Participants hereby consent to such transfer. Mesquite-HAA I.A._Amd #3_Execution 3.3.2 Mesquite Solar and SEP II each will own joint undivided interests in the Interconnection Facilities and the Generating Facility Interconnection Tie Line equivalent to the pro rata share of generation capacity associated with, in the case of Mesquite Solar, a 165 MW phase of the 700 MW Solar Generating Facility, and, in the case of SEP II, the remaining 535 MW phase of the 700 MW Solar Generating Facility; whereas, as established by Amendment No. 2 of the Interconnection Agreement, Mesquite Power and SRP each will continue to own joint undivided interests in the Interconnection Facilities and the Generating Facility Interconnection Tie Line equivalent to the pro rata share of generation capacity consistent with the ownership by SRP of the 625 MW Power Block 1 and the ownership by Mesquite Power of the 625 MW Power Block 2 of the nominally rated 1250 MW Mesquite Generating Station combined cycle facility (in the case of each of the foregoing Interconnectors, the “Pro Rata Facilities Share").