Termination Value. In the event that a termination occurs for reasons attributable to Purchaser (including termination pursuant to Section 6(e), but not including a Force Majeure event which continues for at least one (1) year or a Purchaser default pursuant to Section 15), Purchaser shall pay to Power Provider the greater of Fair Market Value or the Termination Value as set forth in Exhibit D (which shall be prorated for partial years), plus all other amounts then owing by Purchaser to Power Provider. The Parties further agree the Termination Value is not an approximation of the Fair Market Value. The Termination Value shall include Power Provider’s cost of removal.
Appears in 2 contracts
Sources: Solar Services and Site Lease Agreement, Solar Services and Site Lease Agreement