Note to Form Sample Clauses
A "Note to Form" clause serves as an internal comment or instruction within a contract draft, guiding the parties or drafters on how to complete, modify, or interpret certain sections of the agreement. Typically, it provides context, drafting tips, or reminders about information that needs to be inserted or tailored, such as party names, dates, or specific terms. Its core function is to facilitate accurate and efficient contract preparation by ensuring that important drafting considerations are not overlooked.
Note to Form. To be included for proposed transfers under Section 3.03(f)(i) of the Depositary Agreement.
Note to Form. To reflect a percentage ownership that would include ▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇ Alias, and ▇▇▇▇▇▇ Alias.
Note to Form. To be included solely to the extent that there exists as of the Quarterly Date any shortfall between mandatory prepayments actually made in accordance with Section 2.09(b)(x) of the Construction Credit Agreement and Section 2.09(b)(x) of the Credit Agreement and the amount that would need to be prepaid in order to cause compliance with the Debt Sizing Criteria as determined in accordance with Section 5.26 of the Construction Credit Agreement and Section 5.27 of the Credit Agreement.
Note to Form. For bracketed language here and elsewhere in this form relating to the Assignee(s), if the assignment is to a single Assignee, choose the first bracketed language. If the assignment is to multiple Assignees, choose the second bracketed language.
Note to Form. To be included if the Acceptable Letter of Credit is credited to the Completion Reserve Account (as defined in the Depositary Agreement) (“Option 2”). At the request of and for the account of [insert name, entity type and jurisdiction of formation of account party]3 (the “Applicant”), we hereby establish in your favor our Irrevocable Letter of Credit No. (this “Letter of Credit”) whereby, subject to the terms and conditions contained herein, you are hereby irrevocably authorized to draw on us, [at the office of our servicer noted below [insert if applicable]], by your draft or drafts at sight, an aggregate amount not to exceed [amount TBD] Dollars ($XX) (such amount, as it may be reduced or increased in accordance with the terms hereof, the “Stated Amount” hereof). We are informed by the Applicant that this Letter of Credit is being issued in your favor as beneficiary and in your capacity as [collateral agent (the “Collateral Agent”) for the benefit of the Secured Parties (as defined in the Credit Agreement referred to below)]4[as borrower (the “Borrower”)]5 in connection with [(i)]6 that certain Credit Agreement, dated as of September 15, 2021 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”), among [Vineyard Wind 1 LLC, a limited liability company organized under the laws of Delaware, as borrower (the “Borrower”)]7[Borrower]8, the lenders and issuing lenders party thereto from time to time, Banco Santander, S.A., New York Branch, as administrative agent for the lenders (in such capacity, together with its successors in such capacity, the “Administrative Agent”), [the Collateral Agent]9[MUFG Union Bank, N.A., as collateral agent for the secured parties (in such capacity, together with its successors in such capacity, the “Collateral Agent”)]10, and the other persons party thereto from time to time [and (ii) that certain Depositary Agreement, dated as of September 15, 2021 (as amended, amended and restated, supplemented or otherwise modified from time to time, the “Depositary Agreement”), among Borrower, Administrative Agent, Collateral Agent and JPMorgan Chase Bank, N.A., as depositary bank]11. This Letter of Credit shall be effective immediately and shall expire on the Expiration Date (as hereinafter defined). Partial and multiple drawings on this Letter of Credit are permitted. You may draw upon this Letter of Credit at any time on or prior to the Expiration Date by presenting to our office ...
Note to Form. Applicable for transfers pursuant to Section 3.03(h)(iii) of the Depositary Agreement. US-DOCS\126271258.5 Annex H to Accounts Withdrawal Certificate
Note to Form. To be included when applicable.
Note to Form. The Contract Price in this form of agreement assumes that Seller elects Standard Fixed Pricing or Renewable Fixed Pricing for the Fixed Price Period, in each case, as determined at the time of contract execution. This form of Agreement will be revised for solar and solar-plus-storage QFs with a Nameplate Capacity Rating of more than three (3) MW and less than ten (10) MW, which are not eligible for Standard Fixed Pricing or Renewable Fixed Pricing.
Note to Form. To be included when applicable. 4 Note to Form: To be included when applicable.
Note to Form. The definition of Non-Fixed Price Period assumes that Seller elects Standard Fixed Pricing or Renewable Fixed Pricing for the Fixed Price Period.