Common use of Minimum Monthly Capacity Payment Clause in Contracts

Minimum Monthly Capacity Payment. During any month, the “Minimum Monthly Capacity Payment” shall equal the amount determined by the following formula: Minimum Monthly Capacity Payment = CC × 1000 × CPR × [?%], where: CC = the Contract Capacity; CPR = Capacity Payment Rate; and % = [?].

Minimum Monthly Capacity Payment. During any month, the “Minimum Monthly Capacity Payment” shall equal the amount determined by the following formula: Minimum Monthly Capacity Payment = CC × 1000 × CPR × [?●%], where: CC = the Contract Capacity; CPR = Capacity Payment Rate; and % = [?●].

Minimum Monthly Capacity Payment. During any month, the “Minimum Monthly Capacity Payment” shall equal the amount determined by the following formula: Minimum Monthly Capacity Payment = CC × 1000 × CPR × [?%x%], where: CC = the Contract Capacity; CPR = Capacity Payment Rate; and % = [?x].