Wholesale Renewable Energy Program. In the event that EKPC defaults on its obligation to sell renewable energy to Customer, other than as a result of a Force Majeure, at any time within the Term of this Agreement, EKPC shall pay Customer the difference, if positive, of the forward market value of equivalent renewable energy less the levelized cost of contracted renewable energy times the prior three years’ average production times the shorter of the Agreement Term or the remaining years of the renewable energy contract term(s) (the “Supplier Early Termination Payment”) within 30 days from the date EKPC defaults on its obligation to sell renewable energy hereunder; and
Wholesale Renewable Energy Program. In the event that the Customer ceases operations at the Facility or otherwise stops taking service at the Facility at any time within the Term of this Agreement, the Customer shall pay EKPC/Cooperative the difference, if positive, of the levelized cost of existing renewable energy contracts less the forward market value of equivalent renewable energy times the prior three years’ average production times the shorter of the Agreement Term or the remaining years of the renewable energy contract term(s) within 30 days from the date the Customer ceases operations at the Facility or stops taking service at the Facility; and
Wholesale Renewable Energy Program. In the event that the Customer ceases operations at the Facility or otherwise stops taking service at the Facility at any time within the Term of this Agreement, the Customer shall pay EKPC/Cooperative the difference, if positive, of the levelized cost of existing renewable enKeErNgyTUcConKtYracts less the forward market value PUBLIC SERVICE COMMISSION of equivalent renewable energy Executive Director times the prior three years’ averageLipnrdoaduCc. tBiornidwtimelel s the Term or the remaining years of ntract term(s) within 30 days omer ceases operations at the shorter of the Agreement the renewable energy co from the date the Cust Facility or stops taking service at the Facility; and
Wholesale Renewable Energy Program. In the event that the Customer ceases operationsKEatNTthUeCFKaYcility or PUBLIC SERVICE COMMISSION e difference, if positive, of the renewable energy contracts less of equivalent renewable energy Executive Director otherwise stops taking service at the Facility at any time within the Term of this AgreemenLti,ntdhae CC. uBsrtiodmweerll shall pay EKPC/Cooperative th levelized cost of existing the forward market value times the prior three years’ average production times the 10 shorter of the Agreement Term or the remaining years of the renewable energy contract term(s) within 30 days from the date the Customer ceases operations at the Facility or stops taking service at the Facility; and
