Common use of Contribution Mechanics Clause in Contracts

Contribution Mechanics. The Sponsor shall make each contribution by depositing an amount equal to such contribution (a) in the case of any contribution made pursuant to Section 2.1(a), as specified in the applicable Contribution Notice into the Revenue Account or any Local Account on the date specified in such Contribution Notice, or (b) in the case of any contribution made pursuant to Section 2.1(b), into the Revenue Account when required hereunder.

Appears in 2 contracts

Sources: Credit Agreement (MN8 Energy, Inc.), Credit Agreement (New PubCo Renewable Power Inc.)