INTERIM ENERGY PRICE Sample Clauses

INTERIM ENERGY PRICE. Unless otherwise established in the Contract, for the period (herein, the "Interim Period") commencing with the date on which this Agreement has been executed by the Parties and ending upon the commencement of the Fixed Rate Period, as defined in Section 3.4.2, the SRAC for energy delivered to EDISON by SELLER shall be determined in accordance with the SRAC formula approved by the Commission in D.96-12-028, as modified by D.01-03-067, and shall not be subject to fxxxxxx xxange by the Commissxxx, xx any other regulatory authority, or by any court with jurisdiction in the matter during the Interim Period.
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INTERIM ENERGY PRICE. Unless otherwise established in the Contract, for the period (herein, the "Interim Period") commencing with the date on which this Agreement has been executed by the Parties and ending on the last minute of April 30, 2002, the SRAC upon which SELLER'S energy payment is calculated shall be determined in accordance with the SRAC formula approved by the Commission in D.96-12-028, as modified by D.01-03-067 (hereafter referred xx xx xxx "Monthly SRAC"), wxxxx xxxxula, for purposes of this Agreement, shall not be subject to further change by the Commission, by any other regulatory authority, or by any court with jurisdiction in the matter; provided, however, that, in lieu of payments calculated pursuant to the SRAC formula described in the preceding sentence, SELLER may, for energy deliveries commencing on the first day of the next calendar month following the date that Amendment No. 1 to this Agreement has been executed by the Parties, but no earlier than December 1, 2001, and for the balance of the Interim Period, elect to receive an alternative fixed price of $0.0325 per kWh (the "Alternative Interim Energy Price") for energy delivered by SELLER to EDISON. The Alternative Interim Energy Price shall be weight-adjusted by the Time-of-Delivery ("TOD") factors set forth in EDISON'S Time-of-Use rate schedxxx "TOU-8." SELLER hereby elects to be paid according to the following method during the balance of the Interim Period in accordance with this section 3.4.1: [ ] Alternative Interim Energy Price [X] Monthly SRAC (check one of the above). "If SELLER elects to receive the Alternative Interim Energy Price, and Amendment No. 1 to this Agreement is terminated pursuant to Section 4.13 of such Amendment as a result of Commission Approval not having been timely obtained or waived, then SELLER shall not be paid for energy deliveries at the Alternative Interim Energy Price established above and shall instead be paid for energy deliveries during the Interim Period in accordance with the Monthly SRAC. If such termination occurs, the net difference in payments made by EDISON to SELLER calculated, on a monthly basis, by subtracting the payments that were made by EDISON for the month in question based on the Alternative Interim Energy Price from the payments that SELLER would have received during the same month if such payments had been based on Monthly SRAC, plus interest (calculated in the manner described below in this section), shall, if such net monthly net difference is ...
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INTERIM ENERGY PRICE. Unless otherwise set fourth in the PPA, for the period commencing with the date on which this Amendment has been executed by the Parties and ending upon the commencement of the Fixed Rate Period, as defined in Section 2 below, the price for energy delivered, if any, to PG&E by Seller shall be determined pursuant to the PPA, without reference to this Amendment.
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INTERIM ENERGY PRICE. [This section intentionally left blank].
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