Amount Purchased Clause Samples
Amount Purchased. Partial capacity from the Solar Facility is available for purchase in units representing 350 ▇▇▇▇▇ of capacity (each a “Subscription Unit”). Subscriber agrees to purchase a minimum of one-half of a Subscription Unit, up to a maximum that results in Subscriber having no more than 20 kW of distributed generation capacity from all sources. The Cooperative agrees to provide Subscriber with monthly Solar Credits as set forth in Article IV, based on the number of Subscription Units purchased multiplied by 350 ▇▇▇▇▇ (“Subscriber Allocated Capacity”).
Amount Purchased. Member hereby agrees to purchase the future actual monthly metered production in accordance with the terms of this Agreement from the solar panels erected, installed, maintained and operated, the same being a portion of the capacity of the 230.49 kW (DC) Brunswick Electric Membership Corporation Community Solar Farms owned by Member EMC Solar Three, LLC (“Solar Farm Owner”), located in Brunswick Electric Membership Corporation territory.
Amount Purchased. Commencing on the DATE OF INITIAL OPERATION, and thereafter during the term of the AGREEMENT, SELLER shall sell and deliver to PECO ENERGY exclusively, and PECO ENERGY shall purchase and accept delivery of, the PROJECT's NET ELECTRIC OUTPUT. Subject to Section 3.1 AVAILABILITY of the Capacity Addendum, as amended, PECO ENERGY has the exclusive right to purchase all of the NET ELECTRIC OUTPUT of the FACILITY throughout the term of this AGREEMENT; provided, however, that PECO ENERGY shall not be required to purchase or accept delivery of NET ELECTRIC OUTPUT from the PROJECT in excess of the lesser of (a) 119 megawatts or (b) the amount of electric output for which the FERC has certified the FACILITY as a QUALIFYING FACILITY. SELLER shall notify the person designated by PECO ENERGY by 10:00 a.m. at least one business day prior to delivering NET ELECTRIC OUTPUT in excess of 150 megawatts per hour (31 megawatts per hour per Phase I, 119 megawatts per hour per Phase II), and PECO ENERGY will purchase and accept such NET ELECTRIC OUTPUT from SELLER unless PECO ENERGY notifies SELLER by 12:00 p.m. noon at least one business day prior to delivery that it will not purchase and accept such NET ELECTRIC OUTPUT, in which case SELLER shall have the right to sell such NET ELECTRIC OUTPUT in excess of 150 megawatts per hour to third parties. Should PECO ENERGY elect to accept NET ELECTRIC OUTPUT in excess of 150 megawatts per hour, SELLER has no obligation to provide such excess electric output in the amount identified during each hour of the period for which PECO ENERGY has agreed to accept the excess energy.
Amount Purchased. Commencing on the DATE OF INITIAL OPERATION, and thereafter during the term of the AGREEMENT, SELLER shall sell and deliver to PECO ENERGY exclusively, and PECO ENERGY shall purchase and accept delivery of, the PROJECT' S NET ELECTRIC OUTPUT; provided, however, that PECO ENERGY shall not be required to purchase or accept delivery of NET ELECTRIC OUTPUT from the PROJECT in excess of the lesser of (a) 119 megawatts or (b) the amount of electric output for which the FERC has certified the FACILITY as a QUALIFYING FACILITY.
Amount Purchased. The right to receive the net sum of $ together with interest at the rate set forth in the Security Instrument described above.
Amount Purchased of panels x 320 ▇▇▇▇▇ (DC) = ▇▇▇▇▇ Member hereby purchases and Cape Hatteras Electric agrees to provide to Member on its bills for the Service Address noted above (the “Service Address”), Production Credits allocated (as provided in Section 4) to a portion of the 57.6 kW (DC) of the capacity (“member’s Allocated Capacity) of the Cape Hatteras Electric Solar Garden located at ▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇, ▇▇▇▇▇▇▇▇, ▇▇ (the “Solar Garden”). The Solar Facility is owned by Member EMC Solar Three, LLC (“Solar Garden Owner”). Members may purchase up to 10 panels. The annual average output of each panel is estimated to produce approximately 475 kilowatt hours of electricity per year.