Common use of Monthly Contract Payment Clause in Contracts

Monthly Contract Payment. Each Monthly Contract Payment is calculated on a calendar month basis in dollars as follows: XXX Period Energy Payment 1st XXX Period + XXX Period Energy Payment 2nd XXX Period + XXX Period Energy Payment 3rd XXX Period + XXX Period Energy Payment 4th XXX Period + XXX Period Capacity Payment 1st XXX Period + XXX Period Capacity Payment 2nd XXX Period + XXX Period Capacity Payment 3rd XXX Period + XXX Period Capacity Payment 4th XXX Period All XXX Period Energy Payments shall be calculated as set forth in Section 2 of this Exhibit B (1). All XXX Period Capacity Payments shall be calculated as set forth in Section 3 of this Exhibit B (1). The “1st XXX Period,” “2nd XXX Period,” “3rd XXX Period” and “4th XXX Period” subscripts refer to the four XXX Periods that apply for the calculation month, as set forth in Section 4 of this Exhibit B (1).

Appears in 4 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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Monthly Contract Payment. Each Monthly Contract Payment is calculated on a calendar month basis in dollars as follows: XXX Period Energy Payment 1st XXX Period + XXX Period Energy Payment 2nd XXX Period + XXX Period Energy Payment 3rd XXX Period + XXX Period Energy Payment 4th XXX Period + XXX Period Capacity Payment 1st XXX Period + XXX Period Capacity Payment 2nd XXX Period + XXX Period Capacity Payment 3rd XXX Period + XXX Period Capacity Payment 4th XXX Period All XXX Period Energy Payments shall be calculated as set forth in Section 2 of this Exhibit B C (1). All XXX Period Capacity Payments shall be calculated as set forth in Section 3 of this Exhibit B C (1). The “1st XXX Period,” “2nd XXX Period,” “3rd XXX Period” and “4th XXX Period” subscripts refer to the four XXX Periods that apply for the calculation month, as set forth in Section 4 of this Exhibit B C (1).

Appears in 2 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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