Common use of [For Projects utilizing Eligible Directed Biogas or For Projects Clause in Contracts

[For Projects utilizing Eligible Directed Biogas or For Projects. using fuel for Station Use that is not from a Fuel Resource Category] [The monthly payment will equal the difference between (a) and (b) (calculated as (a) minus (b)), where (a) is the Monthly XXX Payment calculated using the equation shown above and (b) is the proportion of Energy generated for a month that can be attributed to Fuel Use that is not from a Fuel Resource Category against the total Energy Input for the month as set forth in Appendix K-3 (this item (b) is hereby designated as the “Reduction for Nonuse of Fuel Resource Category Fuel” and is represented by the equation below). Each monthly Reduction for Nonuse of Fuel Resource Category Fuel shall be calculated as follows: Reduction for Nonuse of Fuel Resource Category Fuel = Monthly XXX Payment x (F/G) Where: F = Fuel Use for the month not from a Fuel Resource Category in MMBTUs as attested to in the Multi-Fuel Report. G = Total Energy Input for the month in MMBTUs as attested to in the Multi-Fuel Report.]

Appears in 6 contracts

Samples: Consent and Agreement, Consent and Agreement, Consent and Agreement

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