Capacity Payments. Each month during the Term, Buyer shall pay Seller ----------------- a capacity payment (the "Capacity Payment") for the Committed Capacity ---------------- calculated as follows: Capacity Payment = Committed Capacity x Capacity Rate Where: Capacity Rate Year ------------- ---- $11,825/MW-mo Contract Year 1 $12,120/MW-mo Contract Year 2 $11,285/MW-mo Contract Year 3 $10,400/MW-mo Contract Year 4 $10,400/MW-mo Extension Term
Appears in 2 contracts
Samples: Energy and Capacity Sales Agreement (Mirant Mid Atlantic LLC), Energy and Capacity Sales Agreement (Mirant Mid Atlantic LLC)
Capacity Payments. Each month during the Term, Buyer shall pay Seller ----------------- a capacity payment (the "Capacity Payment") for the Committed Capacity ---------------- calculated as follows: Capacity Payment = Committed Capacity x × Capacity Rate Where: Capacity Rate Year ------------- ---- $$ 11,825/MW-mo Contract Year 1 $$ 12,120/MW-mo Contract Year 2 $$ 11,285/MW-mo Contract Year 3 $$ 10,400/MW-mo Contract Year 4 $$ 10,400/MW-mo Extension Term
Appears in 2 contracts
Samples: Energy and Capacity Sales Agreement (Mirant Americas Generating Inc), Energy and Capacity Sales Agreement (Mirant Americas Generating Inc)
Capacity Payments. Each month during the Term, Buyer shall pay Seller ----------------- a capacity payment (the "Capacity Payment") for the Committed Capacity ---------------- calculated as follows: Capacity Payment = Committed Capacity x × Capacity Rate Where: Capacity Rate Year ------------- ---- $11,825/MW-mo Contract Year 1 $12,120/MW-mo Contract Year 2 $11,285/MW-mo Contract Year 3 $10,400/MW-mo Contract Year 4 $10,400/MW-mo Extension Term
Appears in 2 contracts
Samples: Energy and Capacity Sales Agreement (Mirant Americas Generating Inc), Energy and Capacity Sales Agreement (Mirant Americas Generating Inc)
Capacity Payments. Each month during the Term, Buyer shall pay Seller ----------------- a capacity payment (the "Capacity Payment") for the Committed Capacity ---------------- calculated as follows: Capacity Payment = Committed Capacity x Capacity Rate Where: Capacity Rate Year ------------- ---- --------------- $11,825/MW-mo Contract Year 1 $12,120/MW-mo Contract Year 2 $11,285/MW-mo Contract Year 3 $10,400/MW-mo Contract Year 4 $10,400/MW-mo Extension Term
Appears in 1 contract
Samples: Energy and Capacity Sales Agreement (Mirant Mid Atlantic LLC)
Capacity Payments. Each month during the Term, Buyer shall pay Seller ----------------- a capacity payment (the "Capacity Payment") for the Committed Capacity calculated ---------------- calculated as follows: Capacity Payment = Committed Capacity x Capacity Rate Where: Capacity Rate Year ------------- ---- $11,825/MW-mo Contract Year 1 $12,120/MW-mo Contract Year 2 $11,285/MW-mo Contract Year 3 $10,400/MW-mo Contract Year 4 $10,400/MW-mo Extension Term
Appears in 1 contract
Samples: Energy and Capacity Sales Agreement (Mirant Mid Atlantic LLC)
