Solar Power Purchase Agreement Sample

Model Electricity Acceptance Contract C-15 (c) After informing the Host that it decides to exercise the option described in points 10(a) or 10(b) above, the Supplier shall prepare and provide a number of records of the operation and maintenance history of the facility as well as a series of as-Built drawings of the entire facility and shall provide or have them delivered. After payment of the option price, the provider provides or has delivered to the host a sales contract that transfers the entity to the host. Such a sales contract does not contain any guarantee other than a guarantee against legal defects caused by the supplier. The supplier shall make every right to transfer to the host the remaining manufacturer`s warranties for the installation or part thereof. (d) In the context and prior to the effective date of the purchase of the facility by the hosts, the host and the provider may agree to the conclusion of an operations and maintenance contract under which the provider meets all or part of the operation and maintenance requirements of the facility after the purchase of the facility by the host. Neither party is required to enter into such an agreement. (e) If the Host does not exercise the option to purchase the Facility and the Parties do not agree to any subsequent agreement regarding the Facility before the end of the Operating Period, the Supplier, at its expense, shall immediately close and remove the Facility within three (3) months from the end of the Operating Period. The Host Party shall grant the Supplier and its representatives appropriate access to the vehicle and pedestrians through the land to the premises for the purpose of closing the facility. During such a shutdown period (but without a period of force majeure), the Host shall pay the Supplier an amount equal to the sum of (i) the payments that the Host would have made to the electricity supplier under this Agreement, which would have been generated during the closure period, and (ii) the revenues that the Supplier would have received under the CSI and another electrical energy assistance program; during the shutdown period. The determination of the amount of energy that would have been produced during the closure period shall be based on the estimated quantities of production during the first year of the operating period and, after the first year of the operating period, on the actual operation of the installation in the same type-23 current acceptance contract that remains on site, and the agreement expires.

If the supplier chooses to reinstate the facility, it does so at its sole expense. The termination provisions referred to in point (d) of this paragraph 19:(i) the parties shall not be exempted from payment or other obligations under this Agreement prior to the accident; and (ii) the confidentiality provisions of Section 16, the indemnification obligations referred to in Section 17 and the dispute settlement provisions referred to in Section 25 of this Agreement shall continue to apply notwithstanding the termination of this Agreement. . . .