Common use of Monthly Capacity Payment Clause in Contracts

Monthly Capacity Payment. The “Monthly Capacity Payment” shall be computed based upon the following formula: Monthly Capacity Payment = (CC × 1000 × CPR × MAAF) - CPS, where: CC = the Contract Capacity; CPR = Capacity Payment Rate; CPS = Capacity Payment Shortfall, if any, from any prior month; and MAAF = Availability Adjustment Factor for that month, computed as follows:

Appears in 6 contracts

Samples: Tolling Agreement, Tolling Agreement, Tolling Agreement

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Monthly Capacity Payment. The “Monthly Capacity Payment” shall be computed based upon the following formula: Monthly Capacity Payment = (CC × 1000 × CPR × MAAF) - CPS, where: CC = the Contract Capacity; CPR = Capacity Payment Rate; CPS = Capacity Payment Shortfall, if any, any from any prior month; and MAAF = Availability Adjustment Factor for that month, computed as follows:

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Monthly Capacity Payment. The “Monthly Capacity Payment” shall be computed based upon the following formula: Monthly Capacity Payment = (CC × 1000 × CPR × MAAF) - CPS, where: CC = the Contract Capacity; CPR = Capacity Payment Rate; CPS = Capacity Payment Shortfall, if any, from any prior month; and MAAF = Availability Adjustment Factor for that month, computed as follows:

Appears in 2 contracts

Samples: Tolling Agreement, Power Purchase Agreement

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