Excess Savings. Excess Savings shall be carried forward and applied to any future Guarantee Year(s). In the event Honeywell has previously paid Customer for a Guaranteed Savings shortfall in a past Guarantee Year, pursuant to Section C.3.1.5, then Excess Savings in current Guarantee Year shall be billed to Customer (but only up to any amounts previously paid by Honeywell for a shortfall) and Customer shall pay Honeywell within thirty (30) days after receipt of such bill, and any remaining Excess Savings shall be carried forward and applied against Guaranteed Savings shortfalls in any future Guarantee Year.
Excess Savings. For any Measurement Period in which there are Excess Savings, District will repay to ENGIE Services U.S., to the extent of such Excess Savings, any Guarantee Payments previously paid by ENGIE Services U.S. to District and not previously repaid to ENGIE Services U.S. by District, and the Excess Savings for such Measurement Period will be reduced by the amount of such repayment. If ENGIE Services U.S. has provided services or retrofits in lieu of the Guarantee Payment for a prior Measurement Period, such that the Guarantee Payment for such Measurement Period cannot be repaid by District, then in lieu of such repayment Excess Savings will be increased by the deemed value of such services or retrofits.
Excess Savings. ESCO agrees that any amount of actual savings achieved during any one (1) year of the Guarantee Period that exceed the Annual Guaranteed Savings set forth in Schedule C (Energy Savings Guarantee) shall be available for use by the School District in subsequent years as “Excess Savings,” and that in no event shall said Excess Savings be used to reimburse the ESCO for Shortfall Payments or penalties incurred by the ESCO in any preceding or subsequent years or be attributable to the Annual Guaranteed Savings of any preceding or subsequent years.
Excess Savings. For any Measurement Period in which there are Excess Savings, ConFire will repay to OpTerra Energy Services, to the extent of such Excess Savings, any Guarantee Payments previously paid by OpTerra Energy Services to ConFire and not previously repaid to OpTerra Energy Services by ConFire, and the Excess Savings for such Measurement Period will be reduced by the amount of such repayment. If OpTerra Energy Services has provided services or retrofits in lieu of the Guarantee Payment for a prior Measurement Period, such that the Guarantee Payment for such Measurement Period cannot be repaid by ConFire, then in lieu of such repayment Excess Savings will be increased by the deemed value of such services or retrofits.
Excess Savings. For any Measurement Period in which there are Excess Savings, Manhattan Beach USD will repay to Chevron Energy Solutions, to the extent of such Excess Savings, any Guarantee Payments previously paid by Chevron Energy Solutions to Manhattan Beach USD and not previously repaid to Chevron Energy Solutions by Manhattan Beach USD, and the Excess Savings for such Measurement Period will be reduced by the amount of such repayment. If Chevron Energy Solutions has provided services or retrofits in lieu of the Guarantee Payment for a prior Measurement Period, such that the Guarantee Payment for such Measurement Period cannot be repaid by Manhattan Beach USD, then in lieu of such repayment Excess Savings will be increased by the deemed value of such services or retrofits.
Excess Savings a. For each Measurement Year in which the Energy Unit Savings exceed the Guaranteed Unit Savings, the Excess Savings shall be the value of the difference.
b. The total excess Energy Unit Savings for any positive or negative pre-M&V Commencement Date savings (construction period Energy Unit Savings) will be added to the Energy Unit Savings for the first Measurement Year. With respect to any Measurement Year in which ESCO has made a Guarantee Payment to the Agency, the negative energy unit savings will be set to zero for the following Measurement Year.
Excess Savings. (a) If the Contractor has made shortfall payments to the Customer under Clause 7.5 in any guarantee year and the actual savings in energy consumption or the savings in operational costs in any subsequent guarantee year exceed the guaranteed energy savings or the guaranteed energy cost savings for that year then the Customer shall reimburse the Contractor for the shortfall payments up to the amount of the excess. Payment will be made within thirty (30) days of notice being given by the Contractor to the Customer of the excess in actual savings.
(b) If a payment is due by the Customer under Clause 7.6(a), the Contractor must submit an invoice to the Customer for the amount owing which shall be paid in accordance with Clause 9.
Excess Savings. (a) If the ESCO has made shortfall payments to the Customer under Clause 7.5 in any guarantee year and the actual savings in energy consumption or the savings in operational costs in any subsequent guarantee year exceed the guaranteed energy savings or the guaranteed energy cost savings for that year then the Customer shall reimburse the ESCO for the shortfall payments up to the amount of the excess. Payment will be made within thirty (30) days of notice being given by the ESCO to the Customer of the excess in actual savings.
(b) If a payment is due by the Customer under Clause 7.6(a), the ESCO must submit an invoice to the Customer for the amount owing which shall be paid in accordance with Clause 9.
(c) Energy and operational savings or cost savings achieved during the first year of the performance guarantee period that in total exceed the guaranteed energy savings or guaranteed energy cost savings for that year will be offset against any shortfalls in subsequent guarantee years. Measurement and Verification Fee The Customer shall pay the measurement and verification fee to the ESCO as specified in Schedule 1.
Excess Savings. Excess Savings shall be carried forward and applied to any future Guarantee Year(s).
Excess Savings. For any Measurement Period in which there are Excess Savings, Dublin USD will repay to ENGIE Services U.S., to the extent of such Excess Savings, any Guarantee Payments previously paid by ENGIE Services U.S. to Dublin USD and not previously repaid to ENGIE Services U.S. by Dublin USD, and the Excess Savings for such Measurement Period will be reduced by the amount of such repayment. If ENGIE Services U.S. has provided services or retrofits in lieu of the Guarantee Payment for a prior Measurement Period, such that the Guarantee Payment for such Measurement Period cannot be repaid by Dublin USD, then in lieu of such repayment Excess Savings will be increased by the deemed value of such services or retrofits.
