Existing Contractual Limitations and Other Contract Restrictions on Market Transactions Sample Clauses

Existing Contractual Limitations and Other Contract Restrictions on Market Transactions. 15. Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies] Schedule B Monthly Option Payment The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Monthly Option Payment = Monthly Availability Payment Equation B-1 Monthly + Surcharge Payment Monthly – Nonperformance Penalty The Monthly Option Payment can never be less than zero.
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Existing Contractual Limitations and Other Contract Restrictions on Market Transactions. 15. Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies]‌ Schedule B Monthly Option Payment Monthly Option Payment The formulas and values used to compute the Monthly Option Payment in accordance with Section 8.1 and Section 8.2 for each Unit for each Month are set forth in Equation B-1 below: Equation B-1 Monthly Option Payment = Monthly Availability Payment + Monthly Surcharge Payment – Monthly Nonperformance Penalty The Monthly Option Payment can never be less than zero. 1. The Monthly Availability Payment is calculated in accordance with Equation B-2 below: Equation B-2 Monthly Availability Payment ($) = lesser of Current Monthly Availability Payment ($) or 100% of AFRR minus Cumulative Monthly Availability Payments Excluding Current Monthly Availability Payment ($)
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Existing Contractual Limitations and Other Contract Restrictions on Market Transactions. 15. Applicable UDC Tariff(s) [List each Tariff and schedule to which it applies] Schedule B Monthly Option Payment
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