Common use of Imbalance Energy Adjustments Clause in Contracts

Imbalance Energy Adjustments. Because the Parties recognize that the Imbalance Prices retrieved from the CAISO on or about the fifth (5th) day of each month, as provided in Sections 4.5 and 4.6 above, may not be the final posted price, either Party shall have the right to request a true-up on the Imbalance Energy calculations once the CAISO has posted the final price for that month, which shall not be more than ninety (90) days from the date on which the initial Imbalance Price was retrieved. Any such adjustment shall be netted against the next following invoice.

Appears in 6 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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Imbalance Energy Adjustments. Because the Parties recognize that the Imbalance Prices Price retrieved from the CAISO on or about the fifth (5th) day of each month, as provided in Sections 4.5 and 4.6 4.7 above, may not be the final posted price, either Party shall have the right to request a true-up on the Imbalance Energy calculations once the CAISO has posted the final price for that month, which shall not be more than ninety (90) days from the date on which the initial Imbalance Price was retrieved. Any such adjustment shall be netted against the next following invoice.

Appears in 2 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

Imbalance Energy Adjustments. Because the Parties recognize that the Imbalance Prices Price retrieved from the CAISO on or about the fifth (5th) day of each month, as provided in Sections 4.5 and 4.6 4.7 above, may not be the final posted price, either Party shall have the right to request a true-up on the Imbalance Energy calculations once the CAISO has posted the final price for that month, which shall not be more than ninety (90) days from the date on which the initial Imbalance Price was retrieved. Any such This adjustment shall be netted against the next following invoice.

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

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Imbalance Energy Adjustments. Because the Parties recognize that the Imbalance Prices Price retrieved from the CAISO on or about the fifth (5th) day of each month, as provided in Sections 4.5 and 4.6 4.7 above, may not be the final posted price, either Party shall have the right to request a true-up on the Imbalance Energy calculations once the CAISO has posted the final price for that month, which shall not be more than ninety (90) 90 days from the date on which the initial Imbalance Price was retrieved. Any such This adjustment shall be netted against the next following invoice.

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

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