Common use of Generation Prior to Commercial Operation Clause in Contracts

Generation Prior to Commercial Operation. ‌ If any Electricity is generated by the Facility and Delivered prior to the Commercial Operation Date, the Generator shall: (a) with respect to any such Electricity which is generated and Delivered prior to the Earliest Support Payment Date, be entitled to retain all Power Pool revenues; and (b) for any Settlement Interval in the Pre-Support Period for which the Pool Price exceeds the Strike Price, be entitled to retain all Power Pool revenues up to the Metered Energy multiplied by the Strike Price, and shall pay the AESO an amount equal to the Metered Energy multiplied by the difference between the Pool Price and the Strike Price.

Generation Prior to Commercial Operation. ‌ If any Electricity is generated by the Facility and Delivered prior to the Commercial Operation Date, the Generator shall: (a) with respect to any such Electricity which is generated and Delivered prior to the Earliest Support Payment Date, be entitled to retain all Power Pool revenues; and (b) for any Settlement Interval in the Pre-Support Period for which the Pool Price exceeds the Strike Price, be entitled to retain all Power Pool revenues up to the Metered Energy multiplied by the Strike Price, and shall pay the AESO an amount equal to the Metered Energy multiplied by the difference between the Pool Price and the Strike Price.