Examples of Prepaid Agreement in a sentence
Pursuant to the Prepaid Agreement, MSES has agreed to purchase the rights to payment of the net amounts owed by PPA Buyer under the Prepay Power Supply Contract (“Receivables”) in the case of non-payment by PPA Buyer.
The Parties acknowledge and agree that (i) such claims shall include any claims of Force Majeure under the PPA (“PPA FM Claims”) and (ii) any claims of force majeure (howsoever defined) under the Prepaid Agreement and the Prepay Power Supply Contract shall be determined pursuant to such agreements and shall not affect the PPA FM Claims.