Common use of Maximum Commitment/Limitation Clause in Contracts

Maximum Commitment/Limitation. The maximum number of RPS Attributes NYSERDA shall be obligated to purchase under this Agreement shall be equal to 105 percent of the Bid Quantity multiplied by the number of years in the Contract Delivery Term. The maximum aggregate amount payable by NYSERDA to Seller hereunder is *** dollars ($***). Should Seller elect to suspend performance under Section 2.10, such maximum aggregate amounts will be modified by subtracting any periods of Suspension from the number of Contract Years, and by reducing the Bid Quantity by the number of RPS Attributes suspended.

Appears in 6 contracts

Samples: RPS Standard Form Contract, RPS Standard Form Contract (Noble Environmental Power LLC), RPS Standard Form Contract (Noble Environmental Power LLC)

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Maximum Commitment/Limitation. The maximum number of RPS Attributes NYSERDA shall be obligated to purchase under this Agreement shall be equal to 105 percent of the Bid Quantity multiplied by the number of years in the Contract Delivery Term. The maximum aggregate amount payable by NYSERDA to Seller hereunder is *** dollars ($***). Should Seller elect to suspend performance under Section 2.10, such maximum aggregate amounts will be modified by subtracting any periods of Suspension from the number of Contract Years, and by reducing the Bid Quantity by the number of RPS Attributes suspended.

Appears in 2 contracts

Samples: RPS Standard Form Contract (Noble Environmental Power LLC), RPS Standard Form Contract (Noble Environmental Power LLC)

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Maximum Commitment/Limitation. The maximum number of RPS Attributes NYSERDA shall be obligated to purchase under this Agreement shall be equal to 105 percent of the Bid Quantity multiplied by the number of years in the Contract Delivery Term. The maximum aggregate amount payable by NYSERDA to Seller hereunder is *** dollars ($***). Should Seller elect to suspend performance under Section 2.10, such maximum aggregate amounts will be modified by subtracting any periods of Suspension from the number of Contract Years, and by reducing the Bid Quantity by the number of RPS Attributes suspended.

Appears in 1 contract

Samples: RPS Standard Form Contract (Noble Environmental Power LLC)

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