Examples of Net Output in a sentence
If the values are changed pursuant to Section 6.1 and 6.7 of the Agreement, Seller is obligated to notify Utility of the change in Expected Monthly Net Output in writing and Exhibit A will be modified to include the changed values.
No later than ninety (90) days following the Commercial Operation Date, Seller must provide Utility the As-Built Supplement which will be incorporated into Exhibits B and C of this Agreement and if applicable, an updated statement of Expected Net Output that will be incorporated in Exhibit A of this Agreement.
If this Agreement is terminated because of an Event of Default by Seller, and Seller wishes to again sell Net Output to Utility following such termination, Utility may require that Seller do so subject to the terms of this Agreement, including but not limited to the Contract Price, until the last day of the Term of this Agreement had it not been earlier terminated.
Utility will pay Seller the Contract Price for all deliveries of Net Output, up to the Maximum Delivery Rate provided that, if Seller delivers any amount of Net Output in excess of the Maximum Delivery Rate, Utility will accept such excess energy but will not be obligated to pay for such energy except as may be provided in this Agreement including as set forth in Exhibit K if applicable.
Notwithstanding the foregoing, if Utility, in exercising commercially reasonable efforts, is able to accept deliveries of Net Output earlier than ninety (90) days before the Scheduled Commercial Operation Date, Utility will pay Seller for Net Output delivered at the Point of Delivery under this Section 5.1.1; provided that under no circumstances shall Utility be obligated to accept deliveries of Net Output earlier than 180 days before the Scheduled Commercial Operation Date.