Calculation of Estimated Monthly Project Cost. (a) No later than one hundred and eighty (180) days after the Effective Date, the CCP Manager shall present to the Project Committee a proposed Estimated Monthly Project Cost, which shall be equal to a forecast of expected Monthly Capacity Payments over an entire Contract Year, divided by twelve (12). The Project Committee shall review, and, if appropriate, recommend, modify, or approve through a Normal Vote, the proposed Estimated Monthly Project Cost.
Appears in 4 contracts
Samples: Project Participation Share Agreement, Participation Share Agreement, Participation Share Agreement
Calculation of Estimated Monthly Project Cost.
(a) No later than one hundred and eighty (180) days after the Effective Date, the CCP Manager shall present to the Project Committee a proposed Estimated Monthly Project Cost, which shall be equal to a forecast of expected the single highest forecasted Monthly Capacity Payments Cost over an entire the first Contract Year, divided by twelve (12). The Project Committee shall review, and, if appropriate, recommend, modify, or approve through a Normal Vote, the proposed Estimated Monthly Project Cost.
Appears in 2 contracts
Samples: Geothermal Portfolio Project Participation Share Agreement, Project Participation Share Agreement
Calculation of Estimated Monthly Project Cost.
(a) No later than one hundred and eighty (180) days after the Effective Date, the CCP Manager shall present to the Project Committee Participants a proposed Estimated Monthly Project Cost, which shall be equal to a forecast of expected the single highest forecasted Monthly Capacity Payments Cost over an entire the first Contract Year, divided by twelve (12). The Project Committee Participants shall review, and, if appropriate, recommend, modify, recommend approval of or approve through a Normal Vote, modification to the proposed Estimated Monthly Project Cost.
Appears in 2 contracts
Samples: Participation Share Agreement, Fish Lake Geothermal Project Participation Share Agreement
Calculation of Estimated Monthly Project Cost.
(a) No later than one hundred and eighty (180) days after the Effective Date, the CCP Manager shall present to the Project Committee Participants a proposed Estimated Monthly Project Cost, which shall be equal to a forecast of expected Monthly Capacity Payments over an entire Contract Year, divided by twelve (12). The Project Committee Participants shall review, and, if appropriate, recommend, modifyrecommend approval of, or approve through a Normal Vote, modification to the proposed Estimated Monthly Project Cost.
Appears in 2 contracts
Samples: Goal Line Storage Project Participation Share Agreement, Participation Share Agreement
Calculation of Estimated Monthly Project Cost.
(a) No later than one hundred and eighty (180) days after the Effective Date, the CCP Manager shall present to the Project Committee a proposed Estimated Monthly Project Cost, which shall be equal to a forecast of expected the single highest forecasted Monthly Capacity Payments Cost over an entire the first Contract Year, divided by twelve (12). The Project Committee shall review, and, if appropriate, recommend, modify, or approve through a Normal Vote, the proposed Estimated Monthly Project Cost.
Appears in 1 contract
Samples: Geothermal Portfolio Project Participation Share Agreement
Calculation of Estimated Monthly Project Cost.
(a) No later than one hundred and eighty (180) days after the Effective Date, the CCP Manager shall present to the Project Committee a proposed Estimated Monthly Project Cost, which shall be equal to a forecast of expected Monthly Capacity Payments over an entire Contract Year, divided by twelve (12). The Project Committee shall review, and, if appropriate, recommend, modify, or approve through a Normal Vote, the proposed Estimated Monthly Project Cost.
Appears in 1 contract
Samples: Participation Share Agreement
