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If a project enterprise has an off-acquire agreement, the supply deal will likely be structured to match the general conditions from the off-choose agreement like the length with the agreement, force majeure provisions, and so on.
Contract for Distinctions: the project enterprise sells its product into the market and never to the off-taker or hedging counterpart. If nevertheless the industry selling price is under an agreed amount, the offtaker pays the real difference to the project corporation, and vice versa whether it is over an agreed stage.
See of default: obligation over the applicable project counterparty to notify the lenders right of defaults with the project firm underneath the applicable agreement.
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