Common use of Amount of Monthly Payment Clause in Contracts

Amount of Monthly Payment. The Monthly Payment, provided such amount is greater than zero, shall be owed by the DSO to the Participant for the Contracted DER and calculated in accordance with Exhibit C - Settlement, and in the case of a Contracted DER that is a Demand Response Resource, both Exhibit C - Settlement and Exhibit D – Demand Response Baselining and under no circumstances shall the Monthly Payment be less than zero dollars, notwithstanding the application of any Non-Performance Charges applied in accordance with the terms herein.

Amount of Monthly Payment. ‌ The Monthly Payment, provided such amount is greater than zero, shall be owed by the DSO to the Participant for the Contracted DER and calculated in accordance with Exhibit C - Settlement, and in the case of a Contracted DER that is a Demand Response Resource, both Exhibit C - Settlement and Exhibit D – Demand Response Baselining and under no circumstances shall the Monthly Payment be less than zero dollars, notwithstanding the application of any Non-Performance Charges applied in accordance with the terms herein.