Common use of Guaranteed Output Calculations Clause in Contracts

Guaranteed Output Calculations. Provider shall calculate the Annual Deficit for the System for each Guarantee Year during the Term: (a) Annual Deficit = (Expected Energy x Guaranteed Level) x Weather Adjustment – Actual Generation Where the Weather Adjustment ratio is as follows: For each Guarantee Year, within thirty (30) days after the end of such Guarantee Year, Provider shall calculate the Annual Deficit for the System. Customer has the right to access all data and information supporting Provider’s calculation of the Annual Deficit.

Appears in 11 contracts

Samples: Power Purchase Agreement, Power Purchase & Storage Services Agreement, Power Purchase Agreement

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