Consequences of non purchase due to Distribution Licensee’s default. If, in any Contract Year or part thereof, the Distribution Licensee fails or refuses to accept renewable energy delivered from the Renewable Energy Installation (other than under the circumstances described in 5.3 and 13.5) due to reasons not attributable to the Feed-in Approval Holder, the Feed-in Approval Holder shall be entitled to payments by the Distribution Licensee calculated as follows for each occurrence of non-purchase in such Contract Year: Pnp = ( 0.7 x EAA ) x Price x 1000 x hnp nnp Where: Pnp = the payments in RM payable by the Distribution Licensee to the Feed-in Approval Holder; EAA = the estimated annual availability (in MWh) of the Renewable Energy Installation for the Contract Year being:
Appears in 6 contracts
Samples: ppp.worldbank.org:443, ppp.worldbank.org:443, ppp.worldbank.org:443
