Common use of Imbalance Charges Clause in Contracts

Imbalance Charges. Buyer shall hold Seller harmless from any ----------------- Imbalance Charges (i) that result from Buyer's Dispatch orders or other scheduling of generation under this Agreement, (ii) that are assessed against Buyer or Seller at any time when the Facility is generating Electric Energy within 1.5% of the Dispatch level directed by Buyer after achieving Start Up and has achieved the desired Dispatched load level for a period of ten (10) minutes, (iii) that are assessed for deliveries of Electric Energy during startup and shutdown, so long as Seller operates, Starts Up and shuts down the Units in accordance with this Agreement or (iv) that result from Unit trips. Buyer and Seller recognize that the Units may produce more or less energy than scheduled by Buyer.

Imbalance Charges. Buyer shall hold Seller harmless from any ----------------- Imbalance Charges (i) that result from Buyer's Dispatch orders or other scheduling of generation under this Agreement, (ii) that are assessed against Buyer or Seller at any time when the Facility is generating Electric Energy within 1.5% of the Dispatch level directed by Buyer after achieving Start Up and has achieved the desired Dispatched load level for a period of ten (10) minutes, (iii) that are assessed for deliveries of Electric Energy during startup and shutdown, so long as Seller operates, Starts Up and shuts down the Units in accordance with this Agreement or (iv) that result from Unit trips. Buyer and Seller recognize that the Units may produce more or less energy than scheduled by Buyer.