Common use of Deemed Energy Payment after the Commercial Operation Date Clause in Contracts

Deemed Energy Payment after the Commercial Operation Date. 4.1 The Seller shall measure and record the time period for which a System Event (excluding Curtailment) persists If the Allowed Grid Unavailability Period is exceeded in any Contract Year, then Deemed Energy Payments shall become payable and shall be calculated for the duration of additional System Events in such Contract Year and invoiced in accordance with the principles set out in clause 9 (Invoicing). Where any System Event commencing in one Contract Year carries over into the following Contract Year (the "Second Contract Year"), the period of time for which such System Event endures in the Second Contract Year shall be included in the calculation of the Allowed Grid Unavailability Period for all System Events commencing in and enduring in the Second Contract Year. Periods of Curtailment shall not be included in the Allowed Grid Unavailability Period.

Deemed Energy Payment after the Commercial Operation Date. 4.1 The Seller shall measure and record the time period for which a System Event (excluding Curtailment) persists persists. If the Allowed Grid Unavailability Period is exceeded in any Contract Year, then Deemed Energy Payments shall become payable and shall be calculated for the duration of additional System Events in such Contract Year and invoiced in accordance with the principles set out in clause 9 (Invoicing). Where any System Event commencing in one Contract Year carries over into the following Contract Year (the "Second Contract Year"), the period of time for which such System Event endures in the Second Contract Year shall be included in the calculation of the Allowed Grid Unavailability Period for all System Events commencing in and enduring in the Second Contract Year. Periods of Curtailment shall not be included in the Allowed Grid Unavailability Period.

Deemed Energy Payment after the Commercial Operation Date. 4.1 The Seller shall measure and record the time period for which a System Event (excluding Curtailment) persists persists. If the Allowed Grid Unavailability Period is exceeded in any Contract Year, then Deemed Energy Payments shall become payable and shall be calculated for the duration of additional System Events in such Contract Year and invoiced in accordance with the principles set out in clause 9 Error! Reference source not found. (Invoicing). Where any System Event commencing in one Contract Year carries over into the following Contract Year (the "Second Contract Year"), the period of time for which such System Event endures in the Second Contract Year shall be included in the calculation of the Allowed Grid Unavailability Period for all System Events commencing in and enduring in the Second Contract Year. Periods of Curtailment shall not be included in the Allowed Grid Unavailability Period.