Topic:"Electricity Generation" in M13042

4.2 Acceptance of Energy (a) Subject to, and in accordance with, the terms and conditions of the Agreement, NSPI shall purchase and take the entire Net Output of the Facility (including the entire Net Output during the Interim Period), pro...

AI summary NSPI is obligated to purchase the entire Net Output of the Facility, subject to certain conditions. If NSPI fails to do so, the Seller is entitled to compensation based on the Electricity Act. The compensation for curtailed Expected Output is determined annually under the terms of the Electricity Act.

4.2 Acceptance of Energy - (a) Subject to, and in accordance with, the terms and conditions of the Agreement, NSPI shall purchase and take the entire Net Output of the Facility (including the entire Net Output during the Interim Period), p...

AI summary The section outlines NSPI's obligation to purchase the entire Net Output from the Seller, with conditions for suspension. It also specifies compensation for foregone Expected Output due to curtailment, referencing the Electricity Act.

/span>(l) Commercial Operation has not occurred on or before the date which is 12 months after the Scheduled Commercial Operation Date (other than by reason of an occurrence of a Force Majeure Event). - (m) The Seller fails to obtain or ma...

AI summary The text outlines conditions for Seller Events of Default, including failure to achieve Commercial Operation within 12 months of the Scheduled Commercial Operation Date, failure to maintain Electricity Standard Approval, and failure to submit a Cybersecurity Plan by the deadline.