Common use of Estimation Clause in Contracts

Estimation. In the event that any data required for the purpose of determining amounts owed to the Seller or payment hereunder are unavailable when required, such unavailable data shall be estimated by the Buyer, subject to any required adjustment based upon actual data in the next subsequent payment month. A failure of the Buyer to read its meter pursuant to subpart (a) of this section shall not relieve the Buyer of the obligation to pay the Seller at the conclusion of each month for the power delivered and accepted as provided herein.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Estimation. In the event that any data required for the purpose of determining amounts owed to the Seller or payment hereunder are unavailable when required, such unavailable data shall be estimated by the Buyer, subject to any required adjustment based upon actual data in the next subsequent payment month. A failure of the Buyer to read its meter pursuant to subpart (a) Clause 7.5 of this section shall not relieve the Buyer of the obligation to pay the Seller at the conclusion of each month for the power energy delivered and accepted as provided herein.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Estimation. In the event that any data required for the purpose of determining amounts owed to the Seller or payment hereunder are unavailable when required, such unavailable data shall be estimated by the Buyer, subject to any required adjustment based upon actual data in the next subsequent payment month. A failure of the Buyer to read its meter pursuant to subpart (a) of this section Main Meter shall not relieve the Buyer of the obligation to pay the Seller at the conclusion of each month for the power delivered and accepted as provided hereinat the Delivery Point.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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