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.
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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 (“TXX Periods”) and the pricing shall be weighted by the Energy Payment Allocation Factors set forth in Exhibit K. As set forth in Exhibit K, TXX Periods for the winter season shall be mid-peak, off-peak and super off-peak and TXX Periods for the summer season shall be on-peak, mid-peak and off-peak. Monthly Energy Payments shall equal the sum of the monthly TXX Period Energy Payments for all TXX Periods in the month. Each monthly TXX Period Energy Payment shall be calculated pursuant to the following formula, where “n” is the TXX Period being calculated: TXX PERIODn ENERGY PAYMENT = A x B x C Where: The contents of this document are subject to restrictions on disclosure as set forth herein. Article Four SCE’s Obligations Southern California Edison QFID# 1212 Chateau Energy 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 TXX Period being calculated. C = The sum of Scheduled Amounts in all hours for the TXX Period being calculated in kWh.
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Energy Payment Calculations. 8.1 Energy Payments. Energy payments to Seller shall be calculated as follows for each Month:
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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.
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Energy Payment Calculations 
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Related to Energy Payment Calculations

  • Interest Rates Payments and Calculations (a) Interest Rate. -------------

  • Contract Adjustment Payments Subject to Section 5.3 herein, the Company shall pay, on each Payment Date, the Contract Adjustment Payments payable in respect of each Purchase Contract to the Person in whose name a Certificate (or one or more Predecessor Certificates) is registered at the close of business on the Record Date next preceding such Payment Date. The Contract Adjustment Payments will be payable at the office of the Agent in The City of New York maintained for that purpose or, at the option of the Company, by check mailed to the address of the Person entitled thereto at such Person's address as it appears on the Income PRIDES Register or Growth PRIDES Register. Upon the occurrence of a Termination Event, the Company's obligation to pay Contract Adjustment Payments (including any accrued or Deferred Contract Adjustment Payments) shall cease. Each Certificate delivered under this Agreement upon registration of transfer of or in exchange for or in lieu of (including as a result of a Collateral Substitution or the re-establishment of an Income PRIDES) any other Certificate shall carry the rights to Contract Adjustment Payments accrued and unpaid, and to accrue Contract Adjustment Payments, which were carried by the Purchase Contracts underlying such other Certificates. Subject to Section 5.9, in the case of any Security with respect to which Early Settlement of the underlying Purchase Contract is effected on an Early Settlement Date that is after any Record Date and on or prior to the next succeeding Payment Date, Contract Adjustment Payments, if any, otherwise payable on such Payment Date shall be payable on such Payment Date notwithstanding such Early Settlement, and such Contract Adjustment Payments shall be paid to the Person in whose name the Certificate evidencing such Security (or one or more Predecessor Certificates) is registered at the close of business on such Record Date. Except as otherwise expressly provided in the immediately preceding sentence, in the case of any Security with respect to which Early Settlement of the underlying Purchase Contract is effected on an Early Settlement Date, Contract Adjustment Payments that would otherwise be payable after the Early Settlement Date with respect to such Purchase Contract shall not be payable. The Company's obligations with respect to Contract Adjustment Payments, will be subordinated and junior in right of payment to the Company's obligations under any Senior Indebtedness.

  • 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.

  • Payments of Post-Closing Adjustment Except as otherwise provided herein, any payment of the Post-Closing Adjustment, together with interest calculated as set forth below, shall (A) be due (x) within five (5) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within five (5) Business Days of the resolution described in clause (v) above; and (B) be paid by wire transfer of immediately available funds to such account(s) as is directed by Buyer or Sellers, as the case may be.

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