Energy Payment Calculations Sample Clauses

Energy Payment Calculations. (i) If SCE is not acting as Seller’s Scheduling Coordinator, for the purpose of calculating monthly Energy Payments, Scheduled Amounts shall be time-differentiated according to the XXX Periods and weighted by the Energy Payment Allocation Factors set forth in Exhibit K. As set forth in Exhibit K, XXX Periods for the winter season shall be mid-peak, off-peak and super off-peak and XXX Periods for the summer season shall be on-peak, mid-peak and off-peak. Monthly Energy Payments shall equal the sum of the monthly XXX Period Energy Payments for all XXX Periods in the month. Each monthly XXX Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the XXX Period being calculated: XXX PERIODn ENERGY PAYMENT = A x B x C Where: A = Energy Price in $/kWh (i.e., ($/MWh)/1000). B = Energy Payment Allocation Factor, set forth in Exhibit K, for the XXX Period being calculated. C = The sum of Scheduled Amounts in all hours for the XXX Period being calculated in kWh. (ii) If SCE is acting as Seller’s Scheduling Coordinator, for the purpose of calculating monthly Energy Payments, Delivered Amounts shall be time-differentiated according to the XXX Periods and weighted by the Energy Payment Allocation Factors set forth in Exhibit K. As set forth in Exhibit K, XXX Periods for the winter season shall be mid-peak, off-peak and super off-peak and XXX Periods for the summer season shall be on-peak, mid-peak and off-peak. Monthly Energy Payments shall equal the sum of the monthly XXX Period Energy Payments for all XXX Periods in the month. Each monthly XXX Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the XXX Period being calculated: XXX PERIODn ENERGY PAYMENT = A x B x C Where: A = Energy Price in $/kWh (i.e., ($/MWh)/1000). B = Energy Payment Allocation Factor, set forth in Exhibit K, for the XXX Period being calculated. C = The sum of Delivered Amounts in all hours for the XXX Period being calculated in kWh.
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Energy Payment Calculations. Each monthly Energy Payment delivered during the Term, or if applicable, during the Startup Period, shall be calculated pursuant to the following formula: ENERGY PAYMENT, in dollars ($) = A x B Where: A = The sum of the Metered Amounts in all hours for the period being calculated, in kWh. B = Applicable Energy Price specified in Section 1.06, calculated in $/kWh (i.e., $/MWh/1000).
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Energy Payment Calculations. For the purpose of calculating monthly Energy Payments, Scheduled Amounts shall be time-differentiated according to the time period and season of delivery (“XXX Periods”) and the pricing shall be weighted by the Energy Payment Allocation Factors set forth in Exhibit K. As set forth in Exhibit K, XXX Periods for the winter season shall be mid-peak, off- peak and super off-peak and XXX Periods for the summer season shall be on-peak, mid-peak and off-peak. Monthly Energy Payments shall equal the sum of the monthly XXX Period Energy Payments for all XXX Periods in the month. Each monthly XXX Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the XXX Period being calculated: XXX PERIODn ENERGY PAYMENT = A x B x C Where: A = Energy Price specified in Section 1.05 in $/kWh (i.e., $/MWh/1000). B = Energy Payment Allocation Factor, set forth in Exhibit K, for the XXX Period being calculated. C = The sum of Scheduled Amounts in all hours for the XXX Period being calculated in kWh.
Sample 1
Energy Payment Calculations. For the purpose of calculating monthly payments for Product delivered to SCE as of Initial Operation in accordance with the terms of this Agreement (“Energy Payments”), Scheduled Amounts shall be time-differentiated according to the time period and season of delivery (“XXX Periods”) set forth in Exhibit K and the pricing shall be weighted by the Energy Payment Allocation Factors set forth in Exhibit K. Monthly Energy Payments shall equal the sum of the XXX Period Energy Payments for all XXX Periods in the month. Each XXX Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the XXX Period being calculated: XXX PERIODn ENERGY PAYMENT = A x B x C Where: A = Energy Price specified in Section 1.05 in $/kWh (i.e., $/MWh/1000). B = Energy Payment Allocation Factor, set forth in Exhibit K, for the XXX Period being calculated. C = The sum of Scheduled Amounts in all hours for the XXX Period being calculated in kWh.
Sample 1
Energy Payment Calculations. 8.1 Energy Payments. Energy payments to Seller shall be calculated as follows for each Month: (A) Prior to Commercial Operation. EPE shall pay Seller the Rate Schedule No. 16 Rate times the Test Energy delivered to EPE during the Month. If the Rate Schedule No. 16 Rate no longer exists, EPE shall pay for such Test Energy at its then-current avoided cost. (B) During Commercial Operation. Provided that the cumulative deliveries in the Commercial Operation Year do not exceed ****, EPE shall pay Seller ****. For all Solar Energy delivered by Seller to EPE in a Commercial Operation Year that is in excess of ****.
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Energy Payment Calculations 
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Related to Energy Payment Calculations

  • Payment Calculation District shall pay Contractor at a rate of $ per . District shall pay Contractor as described in attached Exhibit A

  • Interest Rates Payments and Calculations (a) Interest Rate. Except as set forth in Section 2.3(b), or as ------------- specified to the contrary in any Loan Document, any Advances under this Exim Agreement shall bear interest, on the average daily balance, at a rate equal to the Prime Rate per annum.

  • INTEREST CALCULATION COSTS 10.1 As set forth in 31 CFR 205.27, interest calculation costs are defined as those costs necessary for the actual calculation of interest, including the cost of developing and maintaining clearance patterns in support of the interest calculations. Interest calculation costs do not include expenses for normal disbursing services, such as processing of checks or maintaining records for accounting and reconciliation of cash balances, or expenses for upgrading or modernizing accounting systems. Interest calculation costs in excess of $50,000 in any year are not eligible for reimbursement, unless the State provides justification with the annual report. 10.2 The State expects to incur the following types of interest calculation costs: Costs of calculating interest, including the cost of developing and maintaining clearance patterns in support of interest calculations. 10.3 The State shall submit all claims for reimbursement of interest calculation costs with its Annual Report in accordance with 31 CFR 205.

  • Interest Calculations Interest shall be calculated on the basis of a 360-day year, consisting of twelve 30 calendar day periods, and shall accrue daily commencing on the Original Issue Date until payment in full of the outstanding principal, together with all accrued and unpaid interest, liquidated damages and other amounts which may become due hereunder, has been made. Interest hereunder will be paid to the Person in whose name this Note is registered on the records of the Company regarding registration and transfers of this Note (the “Note Register”).

  • Interest Calculation Interest on the outstanding principal balance of the Loan shall be calculated by multiplying (a) the actual number of days elapsed in the period for which the calculation is being made by (b) a daily rate based on a three hundred sixty (360) day year by (c) the outstanding principal balance.

  • Financial Covenant Calculations The parties hereto acknowledge and agree that, for purposes of all calculations made in determining compliance for any applicable period with the financial covenants set forth in Section 6.7 and for purposes of determining the Applicable Margin, (i) after consummation of any Permitted Acquisition, (A) income statement items and other balance sheet items (whether positive or negative) attributable to the target acquired in such transaction shall be included in such calculations to the extent relating to such applicable period (including by adding any cost saving synergies associated with such Permitted Acquisition in a manner reasonably satisfactory to the Agent), subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness of a target which is retired in connection with a Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as of the first day of such applicable period and (ii) after any Disposition permitted by Section 6.8), (A) income statement items, cash flow statement items and balance sheet items (whether positive or negative) attributable to the property or assets disposed of shall be excluded in such calculations to the extent relating to such applicable period, subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness that is repaid with the proceeds of such Disposition shall be excluded from such calculations and deemed to have been repaid as of the first day of such applicable period.

  • Invoice Payment 3.1. The CUSTOMER shall pay all valid invoices submitted by the CONTRACTOR in accordance with the provisions of this Schedule in accordance with the provisions of Clause 5 of this Contract. 3.2. In the event of a disputed invoice, the CUSTOMER shall make payment in respect of any undisputed amount in accordance with the provisions of Clause 5 of this Contract and return the invoice to the CONTRACTOR within ten (10) Working Days of receipt with a covering statement proposing amendments to the invoice and/or the reason for any non-payment. The CONTRACTOR shall respond within ten (10) Working Days of receipt of the returned invoice stating whether or not the CONTRACTOR accepts the CUSTOMER’s proposed amendments. If it does then the CONTRACTOR shall supply with the response a replacement valid invoice. If it does not then the matter shall be dealt with in accordance with the provisions of Clause 21 of this Contract.

  • Progress Payments; Retainage A. Owner shall make progress payments on account of the Contract Price on the basis of Contractor’s Applications for Payment on or about the first day of each month during performance of the Work as provided in Paragraph 6.02.A.1 below, provided that such Applications for Payment have been submitted in a timely manner and otherwise meet the requirements of the Contract. All such payments will be measured by the Schedule of Values established as provided in the General Conditions (and in the case of Unit Price Work based on the number of units completed) or, in the event there is no Schedule of Values, as provided elsewhere in the Contract. 1. Prior to Substantial Completion, progress payments will be made in an amount equal to the percentage indicated below but, in each case, less the aggregate of payments previously made and less such amounts as Owner may withhold, including but not limited to liquidated damages, in accordance with the Contract a. 95 percent of Work completed (with the balance being retainage). If the Work has been 50 percent completed as determined by Engineer, and if the character and progress of the Work have been satisfactory to Owner and Engineer, then as long as the character and progress of the Work remain satisfactory to Owner and Engineer, there will be no additional retainage; and

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • VALUATION SUPPORT AND COMPUTATION ACCOUNTING SERVICES BNY Mellon shall provide the following valuation support and computation accounting services for each Fund:  Journalize investment, capital share and income and expense activities;  Maintain individual ledgers for investment securities;  Maintain historical tax lots for each security;  Corporate action processing as more fully set forth in the SLDs;  Reconcile cash and investment balances of each Fund with the Fund’s custodian or other counterparties as applicable;  Provide a Fund’s investment adviser, as applicable, with the cash balance available for investment purposes at start-of-day and upon request, as agreed by the parties;  Calculate capital gains and losses;  Calculate daily distribution rate per share;  Determine net income;  Obtain security market quotes and currency exchange rates from pricing services approved by a Fund’s investment adviser, or if such quotes are unavailable, then obtain such prices from the Fund’s investment adviser, and in either case, calculate the market value of each Fund’s investments in accordance with the Fund's valuation policies or guidelines; provided, however, that BNY Mellon shall not under any circumstances be under a duty to independently price or value any of the Fund's investments, including securities lending related cash collateral investments (with the exception of the services provided hereunder to Funds utilized for such cash collateral investments), itself or to confirm or validate any information or valuation provided by the investment adviser or any other pricing source, nor shall BNY Mellon have any liability relating to inaccuracies or otherwise with respect to such information or valuations; notwithstanding the foregoing, BNY Mellon shall follow the established procedures and controls to identify exceptions, tolerance breaches, etc. and to research and resolve or escalate any pricing inaccuracies;  Application of the established automated price validation rules against prices received from third party vendors and review of exceptions as identified;  Calculate Net Asset Value in the manner specified in the Fund’s Offering Materials (which, for the service described herein, shall include the Fund’s Net Asset Value error policy);  Calculate Accumulated Unit Values (“AUV”) for select funds as mutually agreed upon between the parties;  Transmit or make available a copy of the daily portfolio valuation to a Fund’s investment adviser;  Calculate yields, portfolio dollar-weighted average maturity and dollar-weighted average life as applicable; and  Calculate portfolio turnover rate for inclusion in the annual and semi-annual shareholder reports.  For money market funds, obtain security market quotes and calculate the market-value Net Asset Value in accordance with the Fund’s valuation policies and guidelines at such times and frequencies as required by regulation and/or instruction from TRP.

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