Common use of Losses Charge Clause in Contracts

Losses Charge. A losses charge (in $) equal to the product of (i) the total megawatts for such Regional Transaction (in MWs) multiplied by (ii) the sum of the loss rates (in %) as each component is specified in the OATT for each RTP that participated in the Regional Transaction (monetized based on the applicable Palo Verde Index price); plus