Capacity Bonus Payment. For Capacity Payment Option B, Seller may receive a Capacity Bonus Payment as follows: a. Bonus During Peak Months -- For a Peak Month, Seller shall receive a Capacity Bonus Payment if (i) the requirements set forth in Section 9.1.2.2 have been met, and (ii) the on-peak capacity factor exceeds 85%.
Appears in 3 contracts
Samples: Power Purchase Agreement, Power Purchase Contract, Power Purchase Agreement
Capacity Bonus Payment. For Capacity Payment Option B, Seller may receive a Capacity Bonus Payment as follows:
a. Bonus During Peak Months -- For a Peak Month, Seller shall receive a Capacity Bonus Payment if (i) the requirements set forth in Section 9.1.2.2 8.1.2.2 have been met, and (ii) the on-peak capacity factor exceeds 85%.
Appears in 2 contracts
Samples: Power Purchase Contract (Ormat Technologies, Inc.), Power Purchase Contract (Ormat Technologies, Inc.)
Capacity Bonus Payment. For Capacity Payment Option B, Seller may nay receive a Capacity Bonus Payment as follows:
a. Bonus During Peak Months -- For a Peak Month, Seller shall receive a Capacity Bonus Payment if (i) the requirements set forth in Section 9.1.2.2 have been met, and (ii) the on-peak capacity factor exceeds 85%.
Appears in 1 contract
