Common use of Obligations Following Termination Clause in Contracts

Obligations Following Termination. If a Party terminates this Agreement pursuant to Section 11(b)(ii), then following such termination, Seller shall remove the equipment constituting the System in compliance with Section 9 above at the sole cost and expense of the Defaulting Party, provided, however that Seller shall not be required to remove the System following the occurrence of a Default Event by Purchaser pursuant to Section 11(a)(i), unless Purchaser pre-pays the cost of restoration reasonably estimated by Seller.

Appears in 6 contracts

Sources: Solar Power Purchase Agreement, Solar Power Purchase Agreement, Solar Power Purchase Agreement

Obligations Following Termination. If a Party terminates this Agreement pursuant to this Section 11(b)(ii)12 for default of the other Party, then following such termination, Seller shall remove the all equipment constituting the System in compliance with Section 9 above 8.1 at the sole cost and expense of the Defaulting Party, provided, however that Seller shall not be required to remove the System following the occurrence of a Default Event by Purchaser pursuant to Section 11(a)(i), unless Purchaser pre-pays the cost of restoration reasonably estimated by Seller.

Appears in 4 contracts

Sources: Solar Power Purchase Agreement, Solar Power Purchase Agreement Services, Solar Power Purchase Agreement

Obligations Following Termination. If a Party terminates this Agreement pursuant to this Section 11(b)(ii)12, then following such termination, Seller shall remove the all equipment constituting the System in compliance with Section 9 above 8.1 at the sole cost and expense of the Defaulting Party, provided, however that Seller shall not be required to remove the System following the occurrence of a Default Event by Purchaser pursuant to Section 11(a)(i), unless Purchaser pre-pays the cost of restoration reasonably estimated by Seller.

Appears in 3 contracts

Sources: Solar Power Purchase Agreement, Solar Power Purchase Agreement Services, Solar Power Purchase Agreement

Obligations Following Termination. If a Party terminates this Agreement pursuant to this Section 11(b)(ii)12 for default of the other Party, then following such termination, Seller shall remove the all equipment constituting the System in compliance with Section 9 above 8.1 at the sole cost and expense of the Defaulting Party, provided, however that Seller shall not be required to remove the System following the occurrence of a Default Event by Purchaser pursuant to Section 11(a)(i), unless Purchaser pre-pays the cost of restoration reasonably estimated by Seller.Party.β€Œ

Appears in 2 contracts

Sources: Solar Power Purchase Agreement, Solar Power Purchase Agreement Services

Obligations Following Termination. If a Party terminates this Agreement pursuant to Section 11(b)(ii), then following such termination, Seller shall remove the equipment constituting the System in compliance with Section 9 above at the sole cost and expense of the Defaulting Party, provided, however that Seller shall not be required to remove the System following the occurrence of a Default Event by Purchaser pursuant to Section 11(a)(i), unless Purchaser pre-pays the cost of restoration reasonably estimated by SellerSeller or elects to purchase the System for the Fair Market Value.

Appears in 1 contract

Sources: Solar Power Purchase Agreement

Obligations Following Termination. If a Party terminates this Agreement pursuant to Section 11(b)(ii13(b)(ii), then following such termination, Seller shall remove the equipment constituting the System in compliance with Section 9 10 above at the sole cost and expense of the Defaulting Party, provided, however that Seller shall not be required to remove the System following the occurrence of a an Event of Default Event by Purchaser pursuant to Section 11(a)(i13(a)(vi), unless Purchaser pre-pays the cost of restoration relocation reasonably estimated by Seller.

Appears in 1 contract

Sources: Solar Power Purchase Agreement

Obligations Following Termination. If a Party terminates this Agreement pursuant to Section 11(b)(ii11(b)(iii), or Section 11(b)(iv), then following such termination, Seller shall remove cause and shall have the right to cause the equipment constituting the System to be removed in compliance with Section 9 above at the sole cost and expense of the Defaulting Party, provided, however that Seller shall not be required to remove cause the System to be removed following the occurrence of a Default Event by Purchaser pursuant to Section 11(a)(i)Purchaser, unless Purchaser has paid the Purchaser Termination Payment to Seller or pre-pays the cost of removal and restoration reasonably estimated by Seller.

Appears in 1 contract

Sources: Solar Power Purchase Agreement