AC Nameplate Capacity Changes Sample Clauses

AC Nameplate Capacity Changes. If after the Commercial Operations Date, as a result of the addition, replacement, or enhancement of Project equipment, improvements or other property the installed AC nameplate capacity of the Project (“AC Capacity”) increases, the Annual Payments reflected in Exhibit B shall be increased by a unit price of $16.25/KW (AC) for each KW change in AC Capacity, which unit price shall escalate at 2.0% for the first ten years and at 2.5% for the following ten years. In the event that both the AC Capacity and DC Capacity increase as a result of the addition, replacement or enhancement of the same Project equipment, improvements or other property, the unit price (DC or AC) resulting in the largest increase in Annual Payments shall apply. For the avoidance of doubt, for an equipment change resulting in a payment adjustment pursuant to Paragraph 2.a and Paragraph 2.b, only the largest of the payment adjustments pursuant to Paragraph 2.a or 2.b shall apply, not both.
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