LOW CARBON CONTRACTS COMPANY LTDNovation Agreement • February 8th, 2017 • England
Contract Type FiledFebruary 8th, 2017 JurisdictionCONTENTS 1. Definitions and interpretation 1 2. Agreement 4 3. Term 5 4. Generation Technology Type 5 5. Conditions Precedent and Milestone 6 6. Adjustments to Installed Capacity Estimate and Required Installed Capacity 7 7. Changes in Law 10 8. Payment Calculations: Strike Price 11 9. Balancing System (BSUoS/RCRC) and TLM(D) 11 10. Curtailment 11 11. Termination 11 12. Transfers 12 13. Pro Forma Notices 13 14. Notices 13 15. Agent for Service of Process 1314 Annex 1 (Description of the Facility) 15 Annex 2 (Modification Agreement) 16 Annex 3 (Turbine Reallocation Notice) 17 Annex 4 (Phasing RCE-Adjustment Notice) 19 Annex 5 (Phasing RCE-Adjustment Response Notice) 20 Annex 6 (Novation Agreement) 21