Additional Gas. To the extent that during the Services Term Seller desires to have delivered Gas other than Buyer’s Gas (“Additional Gas”), Seller shall provide Notice to Buyer of the quantities of Additional Gas required and time at which the Additional Gas is required, and subject to timely receipt of such Notice, Buyer shall procure and schedule the supply and transportation of such Additional Gas to (or otherwise make such Additional Gas available at) the Gas Delivery Point, as requested by Seller. Buyer shall be entitled to receive a fee for this service equal to $0.01 per MMBtu plus 0.5% of the Gas Index Price, Midpoint (“Fuel Manager Fee”). Buyer shall invoice Seller, and Seller shall pay, for the cost of Additional Gas that Seller requests Buyer to schedule in an amount equal to the MMBtus of Additional Gas delivered (exclusive of Buyer’s Gas) multiplied by the Gas Index Price, Midpoint plus all transportation and distribution charges, surcharges and fees that have been (or are to be) paid by Buyer related to the Additional Gas and the Fuel Manager Fee (“Additional Gas Payment”). Invoicing and payment for all amounts due from one Party to the other Party as necessary to implement this provision shall be done pursuant to Article VI.
Appears in 6 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Additional Gas. To the extent that during the Services Delivery Term Seller desires to have delivered Gas other than Buyer’s Gas (“Additional Gas”)) made available at the Gas Delivery Point, which shall be for testing purposes only per the terms of this Agreement, Seller shall provide at minimum three (3) Business Days’ Notice to Buyer of the quantities of Additional Gas required and the time at which the Additional Gas is required, and subject to timely receipt of such Notice, Buyer shall procure and schedule the supply and transportation of such Additional Gas to (or otherwise make such Additional Gas available at) as necessary at the Gas Delivery Point, as requested by Seller. Buyer shall be entitled to receive a fee for this service equal to one cent ($0.01 0.01) per MMBtu plus one-half percent (0.5% %) of the Gas Index Price, Midpoint (“Fuel Manager Fee”). Buyer shall invoice Seller, and Seller shall pay, for the cost of Additional Gas that Seller requests Buyer to schedule in an amount equal to the MMBtus of Additional Gas delivered made available (exclusive of Buyer’s Gas) multiplied by the Gas Index Price, Midpoint plus all transportation and distribution charges, surcharges surcharges, penalties and fees that have been (or are to be) paid by Buyer related to the Additional Gas and the Fuel Manager Fee (“Additional Gas Payment”). Invoicing and payment for all amounts due from one Party Seller shall be subject to the other Party as necessary to implement this provision shall be done pursuant to Article VI.provisions of Sections 3.3(f) and 3.3
Appears in 2 contracts
Samples: Tolling Power Purchase Agreement, Tolling Power Purchase Agreement
Additional Gas. To the extent that during the Services Term Seller desires to have delivered Gas other than Buyer’s Gas (“Additional Gas”)) made available at the Gas Delivery Point, which shall be for testing purposes only per the terms of this Agreement, Seller shall provide at minimum three (3) business days Notice to Buyer of the quantities of Additional Gas required and time at which the Additional Gas is required, and subject to timely receipt of such Notice, Buyer shall procure and schedule the supply and transportation of such Additional Gas to (or otherwise make such Additional Gas available at) as necessary at the Gas Delivery Point, as requested by Seller. Buyer shall be entitled to receive a fee for this service equal to $0.01 per MMBtu plus 0.5% of the Gas Index Price, Midpoint (“Fuel Manager Fee”). Buyer shall invoice Seller, and Seller shall pay, for the cost of Additional Gas that Seller requests Buyer to schedule in an amount equal to the MMBtus of Additional Gas delivered made available (exclusive of Buyer’s Gas) multiplied by the Gas Index Price, Midpoint plus all transportation and distribution charges, surcharges surcharges, penalties and fees that have been (or are to be) paid by Buyer related to the Additional Gas and the Fuel Manager Fee (“Additional Gas Payment”). Seller shall be subject to the provisions of Sections 3.3(f) and 3.3(h) to the extent that Seller incurs a Gas imbalance from the quantity of Additional Gas requested to made available at the Gas Delivery Point. Invoicing and payment for all amounts due from one Party to the other Party as necessary to implement this provision shall be done pursuant to Article VI.
Appears in 2 contracts