Demand Charge. For the billing demand for each week, at the rate of $0.40 per kilowatt for such week. In the event the amount of Short Term Energy taken is reduced upon request of the supplying party, the demand charge for the week during which such reduction is made shall be reduced by one-sixth (1/6) of the aforesaid weekly demand charge per kilowatt of reduction for each day (other than any Sunday) during which any reduction is in effect." SECTION 2. This Modification No. 3 shall be effective from the date hereinabove first written to the expiration of Service Schedule F of the 1960 Agreement. SECTION 3. Except as hereinabove modified and amended, all the terms and conditions of the 1960 Agreement shall remain in full force and effect. SECTION 4. This agreement is made subject to the jurisdiction of any governmental authority or authorities having jurisdiction in the premises. SECTION 5. This agreement shall inure to the benefit of and be binding upon the successor and assigns of the respective parties.
Appears in 3 contracts
Samples: Interconnection Agreement (Indianapolis Power & Light Co), Interconnection Agreement (Ipalco Enterprises Inc), Interconnection Agreement (Indianapolis Power & Light Co)
