Sale of Electricity Sample Clauses

Sale of Electricity. Throughout the Operations Period, subject to the terms and conditions of this Agreement, Provider shall sell to Host and Host shall buy from Provider all electric energy produced by the Project, whether or not Host is able to use all such electric energy. The Point of Delivery of the electric energy shall be as indicated in Exhibit E. Title to and risk of loss with respect to the energy shall transfer from Provider to Host at the Point of Delivery. Provider shall own the Capacity Value of the Project. The Provider shall sell the capacity of the Project into the Forward Capacity Market (FCM) by the later of twelve (12) months from the Commercial Operation Date or the first date available to participate in the Forward Capacity Auction (FCA); if not, the Provider relinquishes ownership of the Capacity Value of the Project to the Host. The interconnection point of Project with the Local Electric Utility shall be indicated in Exhibit E.

Sale of Electricity. Sales commitment – general 2.1 The electricity supplier undertakes to sell electricity to the consumer on the following terms. 2.2 If the electricity supplier or the consumer so desires, written notification must be made or a written agreement signed regarding the sale. An agreement between a consumer and an electricity supplier is to contain information on 1. the electricity supplier’s name, address, telephone number and website, 2. the electricity supplier’s commitment in relation to the consumer, 3. when the agreement is reached and at what time the electricity supplier plans to take over the supply to the consumer, 4. where the consumer can find information about the electricity supplier’s prices and other terms, 5. the terms for billing and payment, 6. the duration of the agreement or if it runs until further notice, 7. what applies to the extension of a fixed-term agreement, 8. the terms for terminating the agreement, 9. how the compensation is calculated in the event of early termination of a fixed-term agreement, 10. the conditions for compensation if the electricity supplier does not fulfil its obligation under the agreement, and 11. how the electricity supplier, on its website and upon request, otherwise provides the additional consumer-related information specified in Chapter 11, Section 18 of the Electricity Act. This information, as well as information on the terms of the agreement, must be provided to the consumer before the agreement is concluded or confirmed. If information according to the second paragraph has not been provided in writing or in some other permanent form, the electricity supplier must, within reasonable time after the agreement has been concluded, provide information in such form to the consumer. The information shall also contain information on comparative prices formulated in accordance with the Swedish Consumer Agency’s regulation on price information. 2.2 A For agreements entered into remotely or outside of business premises, prior to entering into an agreement and in addition to what is stated in point 2.2, information shall be provided as stated in Chapter 2, Section 2 of the Act (2005:59) On Distance Contracts And Off-Premises Contracts (Distance Contracts Act) in the manner stated in Chapter 2, Sections 3 and 5 of the same Act. If the electricity supplier on its own initiative contacts the consumer by telephone in order to enter into a distance contract (direct telephone sales), the electricity supplier must also pr...

Sale of Electricity. Seller shall sell and Purchaser shall purchase all of the electricity generated and delivered to the Point of Delivery, defined herein, by Seller at its facility for generation of electric power ("the Plant") to be located on land leased from Purchaser which land is more particularly described in Exhibit A, attached hereto and incorporated herein by this reference. Said Plant shall have nameplate rating of 5MW (net-maximum) and shall be fueled by geothermal energy.

Sale of Electricity. Subject to the terms and conditions of this Agreement, the Existing Contract, and the Tariff, including the Green Tariff, Company shall sell to UK and UK shall buy from Company all electric energy required by UK at the UK Location. Company shall sell such electric energy to UK in compliance with all requirements of Company. The electric energy shall be provided from Company’s electric system to UK at the location of Company’s meters on the UK Location.

Sale of Electricity. The sale of electricity generated by the Power Plant shall be made pursuant to the Operation and Offtake Contract entered into by and between the Company and the Anhui Provincial Electric Power Company.

Sale of Electricity. Subject to the terms and conditions of this Agreement, the Existing Contract, and the Tariff, including the Green Tariff, Company shall sell to Dow and Dow shall buy from Company all electric energy required by Dow at the Dow Location. Company shall sell such electric energy to Dow in compliance with all requirements of Company. The electric energy shall be provided from Company’s electric system to Dow at the location of Company’s meters on the Dow’s Location.

Sale of Electricity. The electricity sale by the Company and its subsidiaries to Huaneng Group and its subsidiaries and associates is mainly attributable to the demand for participation in the electricity market transactions by local government(s) and electricity trading centres organised in their respective regions. The 2021 Huaneng Group Framework Agreement did not provide for such transaction. During the period from 1 January 2021 to 30 September 2021, the transaction amount in respect of the sale of electricity by the Company and its subsidiaries to Huaneng Group and its subsidiaries and associates was approximately RMB0. It is expected that the accumulative transaction amount for the sale of electricity by the Company and its subsidiaries to Huaneng Group and its subsidiaries and associates in 2021 will not exceed the level that can be exempt from disclosure requirement under the Hong Kong Listing Rules. The Company will closely monitor the relevant transaction amount so as to meet the compliance requirements under the Hong Kong Listing Rules. According to the Huaneng Group Framework Agreement, the transaction amount with respect to the sale of electricity by the Company and its subsidiaries to Huaneng Group and its subsidiaries and associates in 2022 is estimated to be RMB100 million. Such cap is estimated on the basis of the operation targets of power plants and electricity sales companies of the Company to be achieved and the principle of maximising the Company’s interests, according to the trading rules promulgated by the government, sale of electricity to power-consuming enterprises or electricity sales companies of related persons by power plants or electricity sales companies of the Company. Pursuant to the current transaction settlement method, the Company and its subsidiaries sell electricity to users of related persons (including Huaneng Group and its subsidiaries and associates) or electricity sales companies, and settle through the grid enterprises in accordance with the contractual agreement between the parties to the transaction. There is no actual settlement relationship between the Company and its connected persons (including Huaneng Group and its subsidiaries and associates), and the transaction amount is determined according to the contractual terms of both parties to the transaction. The Board (including the independent non-executive Directors) is of the view that the transactions for sale of electricity to Huaneng Group and its subsidiaries and associa...

Sale of Electricity. Subject to the terms and conditions of this Agreement, the Existing Contract, and the Tariff, including the Green Tariff, Company shall sell to Customer and Customer shall buy from Company all electric energy required by Customer. Company shall sell such electric energy to Customer in compliance with all requirements of Company. The electric energy shall be provided from Company’s electric system to Customer at the location of Company’s meters on the Customer’s Location.

Sale of Electricity. Sales Commitment General 2.1 The electricity trading company undertakes to sell electricity to the consumer under the following conditions. 2.2 If the electricity company or the consumer so wishes, written notification must be made or written agreement will be reached on the sale. An agreement between a consumer and an electricity trading company shall contain information about 1. Name, address, telephone number and website of the electricity trading company, 2. The undertaking's commitment to the consumer, 3. When the agreement is reached and at what time the electricity trading company plans to take over the deliveries to the consumer, 4. Where the consumer can find information about the prices of the electricity dealers and other conditions, 5. the terms of invoicing and payment,

Sale of Electricity. There shall be no sale of electricity to LIPA under this Agreement.