Extract to table

It is important to note that the cure periods under the PPA itself and under the Lender Consent Agreement operate sequentially in most market-standard formulations: the Buyer first provides notice to the Seller (triggering the Seller's cure period under the PPA), and must simultaneously provide notice to the Administrative Agent (triggering the lender cure period under the Lender Consent Agreement)

This is a gap that must be addressed, as lenders will require the broadest possible cure rights to protect their investment

The New PPA must be on terms substantially identical to the terminated PPA, including: • The same contract price and escalator structure ($20

This is an inherent tension in the financial model that must be addressed with Tralvendo

5% may be acceptable, but this must be modeled with Tralvendo's financial advisor to confirm that the resulting DSCR stress-case remains within acceptable parameters for the lender group

Change of control provisions in the PPA must be structured to avoid creating obstacles to the lenders' exercise of their remedies