AMOUNT AND FORM OF PARTICIPANT INCENTIVE. The Participant acknowledges that the total amount of the estimated Participant Incentives set forth in the Application is based upon estimated Demand Savings, estimated Energy Savings and estimated Eligible Costs based on the Application and, subject to the following, will be the maximum amount payable hereunder. Upon the completion and verification of each Project, the LDC will recalculate the amount of the Participant Incentive based upon the best available information at such time subject, however to the limitation that the recalculated Participant Incentive may not be more than 10% greater than the estimated Participant Incentive in the Application. A Participant may however submit an Application to amend the scope of a Project prior to the completion of that Project, where such change in Project will result in a greater than 10% increase to the Participant Incentive. The total amount of the Participant Incentives determined by the LDC will be paid by the LDC as a lump sum payment, on the later of:
Appears in 4 contracts
Samples: Participant Agreement, Program Participant Agreement, Program Participant Agreement
