Fixed Project Payment of the Monthly Contract Price Sample Clauses

Fixed Project Payment of the Monthly Contract Price. The Fixed Project Payment of the Monthly Contract Price consists of the following components and is determined on a Monthly basis as follows: FPP ($/mo) = (LFCR*PPCC)/12 + LFAC (the “Fixed Project Costs”) where: FPP = Total Fixed Project Payment expressed in dollars per month LFCR = Levelized Fixed Carrying Charge Rate applied to the Pre-approved Total Project Capital Costs of the Project, expressed as a percent per year for the term of the agreement, is to be calculated based on the methodology in Attachment A to this Exhibit 5.2(d). PPCC = Pre-approved Total Project Capital Costs Requirement from Exhibit 5.2(c) as amended from time to time and approved by the Commission, less federal grants, non-federal grants and other non-investment contributions LFAC = Ongoing Lender Fees and Administrative Costs expressed in dollars per month
Sample 1
AutoNDA by SimpleDocs
Fixed Project Payment of the Monthly Contract Price. The Fixed Project Payment of the Monthly Contract Price consists of the following components and is determined on a Monthly basis as follows: FPP ($/mo) = (LFCR*PPCC)/12 + LFAC (the “Fixed Project Costs”) where: FPP = Total Fixed Project Payment expressed in dollars per month LFCR = Levelized Fixed Carrying Charge Rate applied to the Pre-approved Total Project Capital Costs of the Project, expressed as a percent per year for the term of the agreement, is to be calculated based on the methodology in Attachment A to this Exhibit 5.2(d) PPCC = Pre-approved Total Project Capital Costs Requirement from Exhibit 5.2(c) as amended from time to time and approved by the Commission, less federal grants, non-federal grants and other non-investment contributions LFAC = Ongoing Lender Fees and Administrative Costs expressed in dollars per month PART B – Fixed Operations & Maintenance Payment of the Monthly Contract Price The Fixed Operations & Maintenance Payment of the Contract Price consists of the following components and is determined on a Monthly basis as follows: FOM ($/mo) = LAB + MCL + CC + WAT + LIM + WST + CTS + ASUF + CPUF + ASUFF + PP + XXXX + INS + G&A + SEC + OF + IT + SC + MMSF + DSF + LPT + OTF + CTS (collectively, the “Fixed O&M Costs”) where: FOM = Total Fixed Operation & Maintenance Payment expressed in dollars per month LAB = Labor costs for the power block, ASU and CPU expressed in dollars per month MCL = Maintenance Materials and Contract Labor costs expressed in dollars per month CC = Consumables and Chemicals costs, expressed in dollars per month (fixed portion only) WAT = Water and Water Treatment costs, expressed in dollars per month (fixed portion only) LIM = Lime and/or Limestone costs, expressed in dollars per month (fixed portion only) WST = Waste Disposal costs, expressed in dollars per month (fixed portion only) ASUF = ASU Fixed Operations and Maintenance costs, expressed in dollars per month CPUF = CPU Fixed Operations and Maintenance costs, expressed in dollars per month ASUFF = ASU Fixed Fee for capital recovery, only applies for over-the-fence purchase of O2, expressed in dollars per month PP = Purchased Power for auxiliary loads, expressed in dollars per month (fixed portion only) XXXX = Ongoing Legal, Environmental and Permitting, and Engineering costs, expressed in dollars per month INS = Insurance costs, expressed in dollars per month G&A = General and Administrative costs, express in dollars per month SEC = Security costs, expres...
Sample 1

Related to Fixed Project Payment of the Monthly Contract Price

  • PAYMENT AND CONTRACT PRICE C1 Contract Price C2 Payment and VAT C3 Recovery of Sums Due C4 Contract Price During Extension of the Initial Contract Period C5 Euro

  • C1 Contract Price C1.1 In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).

  • CAISO Monthly Billed Fuel Cost [for Geysers Main only] The CAISO Monthly Billed Fuel Cost is given by Equation C2-1. CAISO Monthly Billed Fuel Cost Equation C2-1 = Billable MWh ◆ Steam Price ($/MWh) Where: • Steam Price is $16.34/MWh. • For purposes of Equation C2-1, Billable MWh is all Billable MWh Delivered after cumulative Hourly Metered Total Net Generation during the Contract Year from all Units exceeds the Minimum Annual Generation given by Equation C2-2. Equation C2-2 Minimum Annual Generation = (Annual Average Field Capacity ◆ 8760 hours ◆ 0.4) - (A+B+C) Where: • Annual Average Field Capacity is the arithmetic average of the two Field Capacities in MW for each Contract Year, determined as described below. Field Capacity shall be determined for each six-month period from July 1 through December 31 of the preceding calendar year and January 1 through June 30 of the Contract Year. Field Capacity shall be the average of the five highest amounts of net generation (in MWh) simultaneously achieved by all Units during eight-hour periods within the six-month period. The capacity simultaneously achieved by all Units during each eight-hour period shall be the sum of Hourly Metered Total Net Generation for all Units during such eight-hour period, divided by eight hours. Such eight-hour periods shall not overlap or be counted more than once but may be consecutive. Within 30 days after the end of each six-month period, Owner shall provide CAISO and the Responsible Utility with its determination of Field Capacity, including all information necessary to validate that determination. • A is the amount of Energy that cannot be produced (as defined below) due to the curtailment of a Unit during a test of the Facility, a Unit or the steam field agreed to by CAISO and Owner. • B is the amount of Energy that cannot be produced (as defined below) due to the retirement of a Unit or due to a Unit’s Availability remaining at zero after a period of ten Months during which the Unit’s Availability has been zero. • C is the amount of Energy that cannot be produced (as defined below) because a Force Majeure Event reduces a Unit’s Availability to zero for at least thirty (30) days or because a Force Majeure Event reduces a Unit’s Availability for at least one hundred eighty (180) days to a level below the Unit Availability Limit immediately prior to the Force Majeure Event. • The amount of Energy that cannot be produced is the sum, for each Settlement Period during which the condition applicable to A, B or C above exists, of the difference between the Unit Availability Limit immediately prior to the condition and the Unit Availability Limit during the condition.

  • Contract Price 5.01 Owner shall pay Contractor for completion of the Work in accordance with the Contract Documents the amounts that follow, subject to adjustment under the Contract:

  • Payment and Contract Price C1 Contract Price

  • Contract Price Adjustment The basis upon which the Contract Price shall be adjusted is as set out in paragraph 9.2 of Schedule IVB.

  • THE CONTRACT PRICE A. This Contract is an indefinite-quantity contract for construction work and services. The Estimated Annual Value of this Contract is $2,000,000. This is only an estimate and may increase or decrease at the discretion of Sourcewell.

  • Cost Recovery Fee You understand and agree that in order for XOOM to offer and fulfill its fixed rate obligation to you, it has to purchase electricity in advance of usage in amounts needed to cover the full term of this Agreement. If you cancel this Agreement early, you will be responsible for paying the cost recovery fee (“Cost Recovery Fee”) set forth in the Contract Summary, which is intended not as a penalty, but simply to offset the cost of selling the unused portion of your electricity to others and estimated lost revenue that XOOM may incur from such a sale, if any, and related expenses. It will take time for your local utility company to cancel your XOOM account. During that time you agree to pay for the electricity you consume that is supplied by XOOM.

  • Price Adjustments for OGS Centralized Contracts Periodic price adjustments will occur no more than twice per year on a schedule to be established solely by OGS. Pricing offered shall be fixed for the first twelve (12) months of the Contract term. Such price increases will only apply to the OGS Centralized Contracts and shall not be applied retroactively to Authorized User Agreements or any Mini-bids already submitted to an Authorized User. Price Decreases Price decreases may be made at any time. Additionally, some price decreases shall be calculated in accordance with Appendix B, section 17, Pricing.

  • Start-Up Costs 4.1.1 The Government of Ontario will provide:

Time is Money Join Law Insider Premium to draft better contracts faster.