Examples of PPA Counterparty in a sentence
The Parties agree that the Solar Power and Services Agreement, dated as of December 29, 2015, by and between Provider and PPA Counterparty for the City Hall project is hereby terminated due to a lack of viability based on findings from the geological investigation.
PPA Counterparty acknowledges and irrevocably consents that Provider may install and utilize the module and inverter equipment specified in the Subject Agreements or similar equipment as determined by Provider in its discretion consistent with prudent solar industry practice.
PPA Counterparty shall have the meaning set forth in the definition of Eligible PPA.
Provider and PPA Counterparty wish to further amend the PPA and update the Construction Start Date as set forth herein.
PPA Debt shall mean the amount of any and all payments made by any PPA Counterparty in its capacity as such under the Eligible PPA; provided that the PPA Debt shall be deemed to be zero (a) at any time prior to the date the first such payment is made and (b) at any time after all electricity and power required to be delivered under the Eligible PPA has been delivered by the Loan Parties and their respective Subsidiaries.
Provider and PPA Counterparty are sometimes collectively referred to in this Agreement as the “Parties”.