Common use of Operating Fees Clause in Contracts

Operating Fees. Beginning on the Operations Date and ending on the date on which all Solar Generating Equipment has been removed from the Property, Tenant shall pay to Owner the below annual amounts (collectively “Operating Fees”). Notwithstanding the above, Owner acknowledges that Tenant may build the Project in phases and all of the Property may not be included in the initial phase or subsequent phase(s).

Appears in 2 contracts

Sources: Solar Lease and Easement Agreement, Solar Lease and Easement Agreement