AVAILABILITY CHARGE Sample Clauses

AVAILABILITY CHARGE. Customer shall pay an availability charge which shall consist of a $ fixed availability charge. The availability charge shall be billed to Customer by separate invoice after this Agreement is executed. Payment shall be due 30 days after billing.
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AVAILABILITY CHARGE. An Availability Charge is payable by AEMO for each trading interval during which the NSCAS is Available and is determined by applying the formula set out below: LSA * MWR * CF where: LSA = [insert amount] in $/MW MWR = the lowest of (in MW):
AVAILABILITY CHARGE. Reactive power absorption An Availability Charge is payable by AEMO for each trading interval during which the NSCAS is Available and is determined by applying the formula set out below: MVARA * (MTA - MMCA) Where: MVARA = [insert amount] in $/MVAr MTA = the lowest of (in MVAr):
AVAILABILITY CHARGE. The Participant will incur the Availability Charge for each hour during the Availability Window in which the Participant submits a Bid/Offer for the Contracted DER for which the capacity in anyof the sum of all submitted Energy price-quantity pairpairs is less than the assigned Local Capacity Obligation for the Contracted DER. For Contracted DER that have a Local Reserve Obligation as well, the Availability Charge will additionally apply to any hour during the Availability Window in which the Participant submits a Bid/Offer with Local Reserve price-quantity pairs that do not sum to its Local Reserve Obligation. The Availability Charge is a partial charge such that it shall only apply to that portion of the Local Capacity Obligation and/or Local Reserve Obligation that was not provided by the Contracted DER. Eq. 512 sets out the calculation for the Availability Charge ($) applicable to the month “m”.

Related to AVAILABILITY CHARGE

  • Funds Availability For determining the availability of your deposits, every day is a business day except Saturdays, Sundays, federal holidays and legal banking holidays in the State of Utah.

  • Finance Charge Each Receivable provides for the payment of a finance charge or shall yield interest calculated on the basis of an APR ranging from 0.50% to 22.24%.

  • Commitment Charge; Credit (a) The Borrower shall pay a commitment charge on the unwithdrawn amount of the Loan at the rate and on the terms specified in the Loan Agreement.

  • Utility Charges Tenant shall pay or cause to be paid all charges for electricity, power, gas, oil, water and other utilities used in connection with the Leased Property.

  • Funding Availability This Contract is at all times subject to state appropriations. The Department makes no express or implied representation or guarantee of continued or future funding under this Contract. The Department has, as of the date of the execution of this Contract, obtained all requisite approvals and authority to enter into and perform its obligations under this Contract, including, without limitation, the obligation to make the initial payment or payments required to be made under this Contract on the date or dates upon which such initial payment or payments may otherwise be disbursed during the current contract period, (i.e., Sept ember 1, 2015, through August 31, 2017). The Grantee acknowledges the Department’s authority to make such payments is contingent upon the Texas Legislature's appropriation to the Department of sufficient funds and the availability of funds to the Department for such purpose. If the State of Texas or the federal government terminates its appropriation through the Department or fails to pay the full amount of the allocation for the operation of any grant or reimbursement program hereunder , or the funds are otherwise unavailable, the Department may immediately and without penalty reduce payments or terminate this Contract, in whole or in part. Upon termination of the Contract or reduction of payments, the Grantee shall return to the Department any unexpended funds already disbursed to the Grantee. Neither the Department nor the State of Texas shall incur liability for damages or any loss that may be caused or associated with such termination or reduction of payments. The Department shall not be required to give prior notice for termination or reduction of payments.

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