Excess Delivered and Deemed Delivered Energy Sample Clauses

Excess Delivered and Deemed Delivered Energy. In any Contract Year, if the amount of Delivered Energy plus the amount of Deemed Delivered Energy exceeds one hundred twenty percent (120%) of the annual Contract Quantity amount (“Excess Energy”), Seller shall refund to Buyer an amount equal to the product of the Excess Energy multiplied by twenty-five percent (25%) of the applicable Contract Price or Deemed Delivered Energy Price for such Contract Year.
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Excess Delivered and Deemed Delivered Energy. In any Contract Year, if the amount of Delivered Energy plus the amount of Deemed Delivered Energy exceeds one hundred twenty percent (120%) of the annual Contract Quantity amount (“Excess Energy”), Seller shall refund to Buyer an amount equal to the product of the Excess Energy multiplied by twenty-five percent (25%) of the applicable Contract Price or Deemed Delivered Energy Price for such Contract Year, which amount shall be referred to as the “Excess Payment Amount.” Seller shall pay Buyer the Excess Payment Amount within fifteen (15) days of receipt of Buyer’s invoice for such amounts; provided that if Seller fails to pay such amount Buyer may net the Excess Payment Amount from the next following payment that would be due from Buyer to Seller and all subsequent payments until Buyer has recouped the entire Excess Payment Amount.]
Excess Delivered and Deemed Delivered Energy below applies to As-Available Product only]
Excess Delivered and Deemed Delivered Energy. If, at any point during any Output Period, the cumulative amount of Facility Energy (exclusive of Surplus Delivered Energy) plus the cumulative amount of Deemed Delivered Energy, exceeds one hundred fifteen percent (115%) of the Expected Annual Generation during such Output Period, then:
Excess Delivered and Deemed Delivered Energy 

Related to Excess Delivered and Deemed Delivered Energy

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