Common use of Information Sharing and Shared Learning Clause in Contracts

Information Sharing and Shared Learning. Seller understands and acknowledges that Buyer is entering into this Agreement in part to gain operational and market information regarding the performance, efficiency, operations, maintenance, and multiple uses of energy storage and storage assets as an integral part of Buyer’s portfolio of assets to meet its customers’ needs as well as to gain an understanding of the impact of energy storage on load forecasting as a load serving entity. Throughout the Term, ▇▇▇▇▇▇ agrees to share such information, including hourly charging and discharging data, with Buyer on at least an aggregated basis but excluding cost or similar proprietary information, upon Buyer’s reasonable request, with such information to be treated by Buyer as Confidential Information. Seller shall provide such applicable data to Buyer in a format and to a platform specified by Buyer that is reasonably acceptable to Seller. For information related to Seller’s multiple uses of the Project, Seller shall promptly provide Notice to Buyer any time it provides any services or products from the Project to a third party.