AVAILABILITY ADJUSTMENT FOR MONTHLY CAPACITY PAYMENT Sample Clauses

AVAILABILITY ADJUSTMENT FOR MONTHLY CAPACITY PAYMENT. In the event that an enactment, adoption, or promulgation of a law, rule or regulation by a Governmental Authority results in the availability of any present or future Renewable Attributes and/or derivative products in respect of the Project or energy storage projects, generally, then in consideration of the Monthly Capacity Payment, Seller shall transfer all of Seller’s rights, title and interests in such Renewable Attributes and/or derivative products to Buyer.
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AVAILABILITY ADJUSTMENT FOR MONTHLY CAPACITY PAYMENT. Monthly Capacity Payments will be adjusted by multiplying the Monthly Capacity Payment otherwise due under Section 5.7 and Appendix 4 by the “Monthly Capacity Adjustment Factor” or “MCAF,” calculated as follows: MCAF = Lesser of 1.0 or MCA for such Month Where:
AVAILABILITY ADJUSTMENT FOR MONTHLY CAPACITY PAYMENT. In the event that an enactment, adoption, or promulgation of a law, rule or regulation by a Governmental Authority results in the availability of any present or future Renewable Attributes and/or derivative products in respect of the Project or energy storage projects, generally, then in consideration of the Monthly Capacity Payment, Seller shall transfer all of Seller’s rights, title and interests in such Renewable Attributes and/or derivative products to Buyer. Monthly Energy Payment Buyer shall pay Seller for Delivered Energy calculated in accordance with APPENDIX 5: ENERGY PAYMENT and pursuant to the terms of Article 6. Buyer shall receive and purchase all Ancillary Services listed in APPENDIX 5: ENERGY PAYMENT for no additional charge.

Related to AVAILABILITY ADJUSTMENT FOR MONTHLY CAPACITY PAYMENT

  • First Year Wage Adjustment Effective July 1, 2017, all salary ranges and rates shall be increased by two percent (2.0%), rounded to the nearest cent. The compensation grids for classes covered by this Agreement are contained in Appendix E-1. Employees shall convert to the new compensation grid as provided in Section 2.

  • Supervisory Differential Adjustment 99. The Appointing Officer may adjust the compensation of a supervisory employee whose schedule of compensation is set herein subject to the following conditions:

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

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