Common use of Forgone TC Energy Payment Clause in Contracts

Forgone TC Energy Payment. ‌ (a) For each Settlement Period during the Support Period, the amount of Forgone TC Energy, if any, for which the AESO shall pay the Generator in respect of such Settlement Period (the "Monthly Forgone TC Energy") shall be equal to: (i) if such Settlement Period is for the calendar month of January, an amount equal to the greater of: (A) the difference between the Annual Forgone TC Energy (to the end of January) and the Annual Forgone TC Energy Threshold; and (B) 0 MWh; and (ii) if such Settlement Period is for a calendar month other than January: (A) if the Annual Forgone TC Energym is greater than the Annual Forgone TC Energy Threshold, and the Annual Forgone TC Energym-1 is less than the Annual Forgone TC Energy Threshold, an amount equal to the: Annual Forgone TC Energym - Annual Forgone TC Energy Threshold; or (B) if the Annual Forgone TC Energym-1 is greater than or equal to the Annual Forgone TC Energy Threshold, an amount equal to the: Annual Forgone TC Energym - the Annual Forgone TC Energym-1; or (C) 0 MWh. (b) For each Settlement Period during the Support Period, the AESO shall pay the Generator an amount equal to the Monthly Forgone TC Energy multiplied by the Strike Price (the "Monthly Forgone TC Energy Payment").

Forgone TC Energy Payment. ‌ (a) For each Settlement Period during the Support Period, the amount of Forgone TC Energy, if any, for which the AESO shall pay the Generator in respect of such Settlement Period (the "Monthly Forgone TC Energy") shall be equal to: (i) if such Settlement Period is for the calendar month of January, an amount equal to the greater of: (A) the difference between the Annual Forgone TC Energy (to the end of January) and the Annual Forgone TC Energy Threshold; and (B) 0 MWh; and (ii) if such Settlement Period is for a calendar month other than January: (A) if the Annual Forgone TC Energym is greater than the Annual Forgone TC Energy Threshold, and the Annual Forgone TC Energym-1 is less than the Annual Forgone TC Energy Threshold, an amount equal to the: Annual Forgone TC Energym - Annual Forgone TC Energy Threshold; or (B) if the Annual Forgone TC Energym-1 is greater than or equal to the Annual Forgone TC Energy Threshold, an amount equal to the: Annual Forgone TC Energym - the Annual Forgone TC Energym-1; or (C) 0 MWh. (b) For each Settlement Period during the Support Period, the AESO shall pay the Generator an amount equal to the Monthly Forgone TC Energy multiplied by the Strike Price (the "Monthly Forgone TC Energy Payment").

Forgone TC Energy Payment. ‌ (a) For each Settlement Period during the Support Period, the amount of Forgone TC Energy, if any, for which the AESO shall pay the Generator in respect of such Settlement Period (the "Monthly TC Forgone TC Energy") shall be equal to: (i) if such Settlement Period is for the calendar month of January, an amount equal to the greater of: (A) the difference between the Annual Forgone TC Energy (to the end of January) and the Annual Forgone TC Energy Threshold; and (B) 0 MWh; and (ii) if such Settlement Period is for a calendar month other than January: (A) if the Annual Forgone TC Energym is greater than the Annual Forgone TC Energy Threshold, and the Annual Forgone TC Energym-1 is less than the Annual Forgone TC Energy Threshold, an amount equal to the: Annual Forgone TC Energym - Annual Forgone TC Energy Threshold; or (B) if the Annual Forgone TC Energym-1 is greater than or equal to the Annual Forgone TC Energy Threshold, an amount equal to the: Annual Forgone TC Energym - the Annual Forgone TC Energym-1; or (C) 0 MWh. (b) For each Settlement Period during the Support Period, the AESO shall pay the Generator an amount equal to the Monthly Forgone TC Energy multiplied by the Strike Price (the "Monthly Forgone TC Energy Payment").