Common use of Daily Short Clause in Contracts

Daily Short. Term Power and Energy 3.2.1 Except as otherwise provided in Subsection 3.2.3 below, when IPL is the supplying Party, PSI shall pay all of the following which are applicable (the applicable demand charge rate per this Subsection is limited by Subsection 3.5): (a) for any day that Daily Short-Term Power and Energy is reserved, a demand charge rate to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved, at a rate of up to $0.778 per kilowatt reserved, except, for any day during any part of which the amount of such Daily Short-Term Power and Energy is reduced by IPL, the agreed upon demand charge will only be paid for the power still available; (b) for Daily Short-Term Energy delivered that is generated by IPL, an energy charge of up to 110% of the Out-of-Pocket Cost (such cost being as of the interconnection point or points, as defined in Article 4 of the 1992 Agreement, taking into account electrical losses incurred from the source or sources of such energy to the interconnection point or points) of supplying such energy; (c) for Daily Short-Term Energy delivered that is purchased by IPL from a Third Party, an energy charge of 100% of the Out-of-Pocket Cost paid therefor by IPL, plus one (1) mill per kilowatt- hour of such purchased energy (for difficult to quantify energy-related costs), plus any transmission losses resulting on IPL*s system on account of the transaction, and plus any taxes incurred by IPL on account of the transaction. 3.2.2 Except as otherwise provided in Subsection 3.2.3 below, when PSI is the supplying Party, IPL shall pay all of the following which are applicable (the applicable demand charge rates per this Subsection are limited by Subsection 3.6): (a) for any day that Daily Short-Term Power and Energy is reserved, a demand charge rate to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved. Said demand charge rate shall be at a rate of up to $797 per megawatt reserved (such charge pertains to the production component only), the total charge in any week shall be no more than the product of $4,781 and the greatest number of megawatts reserved in any day during said week, except for any day during any part of which the amount of such Daily Short-Term Power and Energy is reduced by PSI, the agreed upon demand charge will only be paid for the power still available. Non-firm transmission service per the provisions of the CINergy Services, Inc., FERC Electric Tariff, Original Volume No. 3, Non-Firm Point-to-Point Traxxxxxxxxx Xxxxxxx Xxxxxxxx Xxxxxx - NFT (or any successor transmission tariff of similar service) must be obtained; (b) for Daily Short-Term Energy delivered that is generated by PSI, an energy charge of up to 110% of the Out-of-Pocket Cost (such cost being as of the interconnection point or points, as defined in Article 4 of the 1992 Agreement, taking into account electrical losses incurred from the source or sources of such energy to the interconnection point or points) of supplying such energy; (c) for Daily Short-Term Energy delivered that is purchased by PSI from a Third Party, an energy charge of 100% of the Out-of-Pocket Cost paid therefor by PSI, plus $1.00 per megawatt-hour of such purchased energy (for difficult to quantify energy-related costs), plus any transmission losses resulting on the system of the CINergy Operating Companies on account of the transaction, and plus any regulatory commission charges and taxes incurred by PSI on account of the transaction.

Daily Short. Term Power and Energy 3.2.1 Except as otherwise provided in Subsection 3.2.3 below, when IPL is the supplying Party, PSI shall pay all of the following which are applicable (the applicable demand charge rate per this Subsection is limited by Subsection 3.5): (a) for any day that Daily Short-Term Power and Energy is reserved, a demand charge rate to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved, at a rate of up to $0.778 per kilowatt reserved, except, for any day during any part of which the amount of such Daily Short-Term Power and Energy is reduced by IPL, the agreed upon demand charge will only be paid for the power still available; (b) for Daily Short-Term Energy delivered that is generated by IPL, an energy charge of up to 110% of the Out-of-of- Pocket Cost (such cost being as of the interconnection point or points, as defined in Article 4 of the 1992 Agreement, taking into account electrical losses incurred from the source or sources of such energy to the interconnection point or points) of supplying such energy; (c) for Daily Short-Term Energy delivered that is purchased by IPL from a Third Party, an energy charge of 100% of the Out-of-Pocket Cost paid therefor by IPL, plus one (1) mill per kilowatt- kilowatt-hour of such purchased energy (for difficult to quantify energy-related costs), plus any transmission losses resulting on IPL*s IPL s system on account of the transaction, and plus any taxes incurred by IPL on account of the transaction. 3.2.2 Except as otherwise provided in Subsection 3.2.3 below, when PSI is the supplying Party, IPL shall pay all of the following which are applicable (the applicable demand charge rates per this Subsection are limited by Subsection 3.6): (a) for any day that Daily Short-Term Power and Energy is reserved, a demand charge rate to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved. Said demand charge rate shall be at a rate of up to $797 per megawatt reserved (such charge pertains to the production component only), the total charge in any week shall be no more than the product of $4,781 and the greatest number of megawatts reserved in any day during said week, except for any day during any part of which the amount of such Daily Short-Term Power and Energy is reduced by PSI, the agreed upon demand charge will only be paid for the power still available. Non-firm transmission service per the provisions of the CINergy Services, Inc., FERC Electric Tariff, Original Volume No. 3, Non-Firm Point-Point- to-Point Traxxxxxxxxx Tranxxxxxxxx Xxxxxxx Xxxxxxxx Xxxxxx Xxxxdard Tariff - NFT (or any successor transmission tariff of similar service) must be obtained; (b) for Daily Short-Term Energy delivered that is generated by PSI, an energy charge of up to 110% of the Out-of-of- Pocket Cost (such cost being as of the interconnection point or points, as defined in Article 4 of the 1992 Agreement, taking into account electrical losses incurred from the source or sources of such energy to the interconnection point or points) of supplying such energy; (c) for Daily Short-Term Energy delivered that is purchased by PSI from a Third Party, an energy charge of 100% of the Out-of-Pocket Cost paid therefor by PSI, plus $1.00 per megawatt-hour of such purchased energy (for difficult to quantify energy-related costs), plus any transmission losses resulting on the system of the CINergy Operating Companies on account of the transaction, and plus any regulatory commission charges and taxes incurred by PSI on account of the transaction.

Daily Short. Term Power and Energy 3.2.1 Except as otherwise provided in Subsection 3.2.3 below, when IPL is the supplying Party, PSI shall pay all of the following which are applicable (the applicable demand charge rate per this Subsection is limited by Subsection 3.5): (a) for any day that Daily Short-Term Power and Energy is reserved, a demand charge rate to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved, at a rate of up to $0.778 per kilowatt reserved, except, for any day during any part of which the amount of such Daily Short-Term Power and Energy is reduced by IPL, the agreed upon demand charge will only be paid for the power still available; (b) for Daily Short-Term Energy delivered that is generated by IPL, an energy charge of up to 110% of the Out-of-Pocket Cost (such cost being as of the interconnection point or points, as defined in Article 4 of the 1992 Agreement, taking into account electrical losses incurred from the source or sources of such energy to the interconnection point or points) of supplying such energy; (c) for Daily Short-Term Energy delivered that is purchased by IPL from a Third Party, an energy charge of 100% of the Out-of-of- Pocket Cost paid therefor by IPL, plus one (1) mill per kilowatt- kilowatt-hour of such purchased energy (for difficult to quantify energy-related costs), plus any transmission losses resulting on IPL*s IPL s system on account of the transaction, and plus any taxes incurred by IPL on account of the transaction. 3.2.2 Except as otherwise provided in Subsection 3.2.3 below, when PSI is the supplying Party, IPL shall pay all of the following which are applicable (the applicable demand charge rates per this Subsection are limited by Subsection 3.6): (a) for any day that Daily Short-Term Power and Energy is reserved, a demand charge rate to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved. Said demand charge rate shall be at a rate of up to $797 per megawatt reserved (such charge pertains to the production component only), the total charge in any week shall be no more than the product of $4,781 and the greatest number of megawatts reserved in any day during said week, except for any day during any part of which the amount of such Daily Short-Term Power and Energy is reduced by PSI, the agreed upon demand charge will only be paid for the power still available. Non-firm transmission service per the provisions of the CINergy Services, Inc., FERC Electric Tariff, Original Volume No. 3, Non-Firm Point-to-Point Traxxxxxxxxx Transmissixx Xxxxxxx Xxxxxxxx Xxxxxx - NFT XFT (or any successor transmission tariff of similar service) must be obtained; (b) for Daily Short-Term Energy delivered that is generated by PSI, an energy charge of up to 110% of the Out-of-Pocket Cost (such cost being as of the interconnection point or points, as defined in Article 4 of the 1992 Agreement, taking into account electrical losses incurred from the source or sources of such energy to the interconnection point or points) of supplying such energy; (c) for Daily Short-Term Energy delivered that is purchased by PSI from a Third Party, an energy charge of 100% of the Out-of-of- Pocket Cost paid therefor by PSI, plus $1.00 per megawatt-hour of such purchased energy (for difficult to quantify energy-energy- related costs), plus any transmission losses resulting on the system of the CINergy Operating Companies on account of the transaction, and plus any regulatory commission charges and taxes incurred by PSI on account of the transaction.

Daily Short. Term Power and Energy 3.2.1 Except as otherwise provided in Subsection 3.2.3 below, when IPL is the supplying Party, PSI shall pay all of the following which are applicable (the applicable demand charge rate per this Subsection is limited by Subsection 3.5): (a) for any day that Daily Short-Term Power and Energy is reserved, a demand charge rate to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved, at a rate of up to $0.778 per kilowatt reserved, except, for any day during any part of which the amount of such Daily Short-Term Power and Energy is reduced by IPL, the agreed upon demand charge will only be paid for the power still available; (b) for Daily Short-Term Energy delivered that is generated by IPL, an energy charge of up to 110% of the Out-of-Pocket Cost (such cost being as of the interconnection point or points, as defined in Article 4 of the 1992 Agreement, taking into account electrical losses incurred from the source or sources of such energy to the interconnection point or points) of supplying such energy; (c) for Daily Short-Term Energy delivered that is purchased by IPL from a Third Party, an energy charge of 100% of the Out-of-Pocket Cost paid therefor by IPL, plus one (1) mill per kilowatt- hour of such purchased energy (for difficult to quantify energy-related costs), plus any transmission losses resulting on IPL*s system on account of the transaction, and plus any taxes incurred by IPL on account of the transaction. 3.2.2 Except as otherwise provided in Subsection 3.2.3 below, when PSI is the supplying Party, IPL shall pay all of the following which are applicable (the applicable demand charge rates per this Subsection are limited by Subsection 3.6): (a) for any day that Daily Short-Term Power and Energy is reserved, a demand charge rate to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved. Said demand charge rate shall be at a rate of up to $797 per megawatt reserved (such charge pertains to the production component only), the total charge in any week shall be no more than the product of $4,781 and the greatest number of megawatts reserved in any day during said week, except for any day during any part of which the amount of such Daily Short-Term Power and Energy is reduced by PSI, the agreed upon demand charge will only be paid for the power still available. Non-firm transmission service per the provisions of the CINergy Services, Inc., FERC Electric Tariff, Original Volume No. 3, Non-Firm Point-to-Point Traxxxxxxxxx Xxxxxxx Xxxxxxxx Transmission Service Stanxxxx Xxxxxx - NFT XXX (or any successor xx xxx xxxcessor transmission tariff of similar service) must be obtained; (b) for Daily Short-Term Energy delivered that is generated by PSI, an energy charge of up to 110% of the Out-of-Pocket Cost (such cost being as of the interconnection point or points, as defined in Article 4 of the 1992 Agreement, taking into account electrical losses incurred from the source or sources of such energy to the interconnection point or points) of supplying such energy; (c) for Daily Short-Term Energy delivered that is purchased by PSI from a Third Party, an energy charge of 100% of the Out-of-Pocket Cost paid therefor by PSI, plus $1.00 per megawatt-hour of such purchased energy (for difficult to quantify energy-related costs), plus any transmission losses resulting on the system of the CINergy Operating Companies on account of the transaction, and plus any regulatory commission charges and taxes incurred by PSI on account of the transaction.

Daily Short. Term Power and Energy 3.2.1 Except as otherwise provided in Subsection 3.2.3 below, when IPL is the supplying Party, PSI shall pay all of the following which are applicable (the applicable demand charge rate per this Subsection is limited by Subsection 3.5): (a) for any day that Daily Short-Term Power and Energy is reserved, a demand charge rate to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved, at a rate of up to $0.778 per kilowatt reserved, except, for any day during any part of which the amount of such Daily Short-Term Power and Energy is reduced by IPL, the agreed upon demand charge will only be paid for the power still available; (b) for Daily Short-Term Energy delivered that is generated by IPL, an energy charge of up to 110% of the Out-of-Pocket Cost (such cost being as of the interconnection point or points, as defined in Article 4 of the 1992 Agreement, taking into account electrical losses incurred from the source or sources of such energy to the interconnection point or points) of supplying such energy; (c) for Daily Short-Term Energy delivered that is purchased by IPL from a Third Party, an energy charge of 100% of the Out-of-Pocket Cost paid therefor by IPL, plus one (1) mill per kilowatt- hour of such purchased energy (for difficult to quantify energy-related costs), plus any transmission losses resulting on IPL*s system on account of the transaction, and plus any taxes incurred by IPL on account of the transaction. 3.2.2 Except as otherwise provided in Subsection 3.2.3 below, when PSI is the supplying Party, IPL shall pay all of the following which are applicable (the applicable demand charge rates per this Subsection are limited by Subsection 3.6): (a) for any day that Daily Short-Term Power and Energy is reserved, a demand charge rate to be agreed upon by the Parties at the time such Daily Short-Term Power and Energy is reserved. Said demand charge rate shall be at a rate of up to $797 per megawatt reserved (such charge pertains to the production component only), the total charge in any week shall be no more than the product of $4,781 and the greatest number of megawatts reserved in any day during said week, except for any day during any part of which the amount of such Daily Short-Term Power and Energy is reduced by PSI, the agreed upon demand charge will only be paid for the power still available. Non-firm transmission service per the provisions of the CINergy Services, Inc., FERC Electric Tariff, Original Volume No. 3, Non-Firm Point-to-Point Traxxxxxxxxx Transmixxxxx Xxxxxxx Xxxxxxxx Xxxxxx - NFT (or any successor transmission tariff of similar service) must be obtained; (b) for Daily Short-Term Energy delivered that is generated by PSI, an energy charge of up to 110% of the Out-of-Pocket Cost (such cost being as of the interconnection point or points, as defined in Article 4 of the 1992 Agreement, taking into account electrical losses incurred from the source or sources of such energy to the interconnection point or points) of supplying such energy; (c) for Daily Short-Term Energy delivered that is purchased by PSI from a Third Party, an energy charge of 100% of the Out-of-Pocket Cost paid therefor by PSI, plus $1.00 per megawatt-hour of such purchased energy (for difficult to quantify energy-related costs), plus any transmission losses resulting on the system of the CINergy Operating Companies on account of the transaction, and plus any regulatory commission charges and taxes incurred by PSI on account of the transaction.