Aggregation of Savings. The parties mutually agree that the Guaranteed Savings for this Agreement and the Guaranteed Savings for all previous active projects with guaranteed savings for this Customer shall be combined each year until the end of the original guarantee term for each project. Throughout the duration of the term for each specific phase the total savings will be utilized as an aggregate in satisfying the sum of the respective guarantees.
Appears in 2 contracts
Samples: Honeywell Agreement, Honeywell Agreement
Aggregation of Savings. The parties mutually agree that the Guaranteed Guarantee Savings for this Agreement and the Guaranteed Guarantee Savings for all previous active Energy and Operational Guaranteed Cost Avoidance projects with guaranteed savings for this Customer CUSTOMER shall be combined each year until the end of the original guarantee term for each project. Throughout the duration of the term for the each specific phase the total savings will be utilized as an aggregate in satisfying the sum of the respective guarantees.
Appears in 1 contract
Samples: Honeywell Agreement
Aggregation of Savings. The parties mutually agree that the Guaranteed Savings for this Agreement and the Guaranteed Savings for all previous active projects with guaranteed savings for this Customer shall be combined each year until the end of the original guarantee term for each project. Throughout the duration of the term for the each specific phase the total savings will be utilized as an aggregate in satisfying the sum of the respective guarantees.
Appears in 1 contract
Samples: Honeywell Agreement