Common use of Forgone CIL Energy Payment Clause in Contracts

Forgone CIL Energy Payment. ‌ (a) The AESO shall pay the Generator the Strike Price for all Forgone CIL Energy; provided that no payments will be made in respect of Forgone CIL Energy resulting from a Designated Change in Law unless and to the extent that the value of the Forgone CIL Energy related to such Designated Change in Law, calculated at the Strike Price, exceeds fifty thousand dollars ($50,000). (b) For each Settlement Period during the Support Period, the amount of Forgone CIL Energy, if any, for which the AESO shall pay the Generator in respect of such Settlement Period (the "Monthly Forgone CIL Energy") shall, subject to Section 7.4(a), be equal to the aggregate Forgone CIL Energy for such Settlement Period. For each such Settlement Period the AESO shall pay the Generator an amount equal to the Monthly Forgone CIL Energy multiplied by the Strike Price (the "Monthly Forgone CIL Energy Payment").

Forgone CIL Energy Payment. ‌ (a) The AESO shall pay the Generator the Strike Price for all Forgone CIL Energy; provided that no payments will be made in respect of Forgone CIL Energy resulting from a Designated Change in Law unless and to the extent that the value of the Forgone CIL Energy related to such Designated Change in Law, calculated at the Strike Price, exceeds fifty thousand dollars ($50,000). (b) For each Settlement Period during the Support Period, the amount of Forgone CIL Energy, if any, for which the AESO shall pay the Generator in respect of such Settlement Period (the "Monthly Forgone CIL Energy") shall, subject to Section 7.4(a), be equal to the aggregate Forgone CIL Energy for such Settlement Period. For each such Settlement Period the AESO shall pay the Generator an amount equal to the Monthly Forgone CIL Energy multiplied by the Strike Price (the "Monthly Forgone CIL Energy Payment").