Common use of Monthly Costs Clause in Contracts

Monthly Costs. The amount of Monthly Costs for a particular Month shall be the sum of the Project Participant’s Entitlement Share multiplied by the Monthly Capacity Payments for the Product, as specified in Section 8.2 of the ESSA for such Month and to the extent such payment is made by CCP to the Project Developer, plus the Project Participant’s Entitlement Share multiplied by the Operating Cost for such Month and subtracting the Project Participant’s Entitlement Share multiplied by the positive revenue associated with the sale of any Facility Energy or Ancillary Services net of any CAISO costs or Scheduling Coordinator costs for such Month, as shown in the following formula:‌ Monthly Cost = ((Project Participant’s Entitlement Share) × (Monthly Capacity Payments)) + ((Project Participant’s Entitlement Share) × (Operating Costs)) – ((Project Participant’s Entitlement Share) × (revenue from sale of Facility Energy or Ancillary Services, net of any CAISO costs or Scheduling Coordinator costs))

Appears in 2 contracts

Samples: Participation Share Agreement, Participation Share Agreement

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Monthly Costs. The amount of Monthly Costs for a particular Month shall be the sum of the Project Participant’s Entitlement Share multiplied by the Monthly Capacity Payments for the Product, as specified in Section 8.2 of the ESSA for such Month and to the extent such payment is made by CCP to the Project Developer, plus the Project Participant’s Entitlement Share multiplied by the Annual Excess Cycle Payment that is included in the invoice for such Month, if any, plus the Project Participant’s Entitlement Share multiplied by the Operating Cost for such Month and subtracting the Project Participant’s Entitlement Share multiplied by the positive revenue associated with the sale of any Facility Energy or Ancillary Services net of any CAISO costs or Scheduling Coordinator costs for such Month, as shown in the following formula:‌ Monthly Cost = ((Project Participant’s Entitlement Share) × (Monthly Capacity Payments)) + ((Project Participant’s Entitlement Share) × (Annual Excess Cycle Payment)) + ((Project Participant’s Entitlement Share) × (Operating Costs)) – ((Project Participant’s Entitlement Share) × (revenue from sale of Facility Energy or Ancillary Services, net of any CAISO costs or Scheduling Coordinator costs))

Appears in 2 contracts

Samples: Project Participation Share Agreement, Project Participation Share Agreement

Monthly Costs. The amount of Monthly Costs for a particular Month shall be the sum of the Project Participant’s Entitlement Share multiplied by the Monthly Capacity Payments for the Product, as specified in Section 8.2 11.2 of the ESSA PPA for such Month and to the extent such payment is made by CCP to the Project Developer, plus the Project Participant’s Entitlement Share multiplied by the Operating Cost for such Month and subtracting the Project Participant’s Entitlement Share multiplied by the positive revenue associated with the sale of any Facility Energy or Energy, Capacity Attributes, Ancillary Services net of any CAISO costs or Scheduling Coordinator costs for such MonthServices, and/or Green Attributes, as shown in the following formula:‌ formula: Monthly Cost = ((Project Participant’s Entitlement Share) × (Monthly Capacity Payments)) + ((Project Participant’s Entitlement Share) × (Operating Costs)) – ((Project Participant’s Entitlement Share) × (revenue from sale of Facility Energy or Energy, Capacity Attributes, Ancillary Services, net of any CAISO costs or Scheduling Coordinator costsServices and/or Green Attributes))

Appears in 1 contract

Samples: Geothermal Portfolio Project Participation Share Agreement

Monthly Costs. The amount of Monthly Costs for a particular Month shall be the sum of the Project Participant’s Entitlement Share multiplied by the Monthly Capacity Product Payments for the Product, as specified in Section 8.2 of the ESSA PPA for such Month and to the extent such payment is made by CCP to the Project Developer, plus the Project Participant’s Entitlement Share multiplied by the Operating Cost for such Month and subtracting the Project Participant’s Entitlement Share multiplied by the positive revenue associated with the sale of any Facility Energy or Energy, Capacity Attributes, Ancillary Services net of any CAISO costs or Scheduling Coordinator costs for such MonthServices, and/or Environmental Attributes, as shown in the following formula:‌ formula: Monthly Cost = ((Project Participant’s Entitlement Share) × (Monthly Capacity Product Payments)) + ((Project Participant’s Entitlement Share) × (Operating Costs)) – ((Project Participant’s Entitlement Share) × (revenue from sale of Facility Energy or Energy, Capacity Attributes, Ancillary Services, net of any CAISO costs or Scheduling Coordinator costsServices and/or Environmental Attributes))

Appears in 1 contract

Samples: Project Participation Share Agreement

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Monthly Costs. The amount of Monthly Costs for a particular Month shall be the sum of the Project Participant’s Entitlement Share multiplied by the Monthly Capacity Payments for the Product, as specified in Section 8.2 of the ESSA for such Month and to the extent such payment is made by CCP to the Project Developer, plus the Project Participant’s Entitlement Share multiplied by the Operating Cost for such Month and subtracting the Project Participant’s Entitlement Share multiplied by the positive revenue associated with the sale of any Facility Energy or Ancillary Services net of any CAISO costs or Scheduling Coordinator costs for such Month, as shown in the following formula:‌ formula: Monthly Cost = ((Project Participant’s Entitlement Share) × (Monthly Capacity Payments)) + ((Project Participant’s Entitlement Share) × (Operating Costs)) – ((Project Participant’s Entitlement Share) × (revenue from sale of Facility Energy or Ancillary Services, net of any CAISO costs or Scheduling Coordinator costs))

Appears in 1 contract

Samples: Participation Share Agreement

Monthly Costs. The amount of Monthly Costs for a particular Month shall be the sum of the Project Participant’s Entitlement Share multiplied by the Monthly Capacity Payments for the Product, as specified in Section 8.2 11.2 of the ESSA PPA for such Month and to the extent such payment is made by CCP to the Project Developer, plus the Project Participant’s Entitlement Share multiplied by the Operating Cost for such Month and subtracting the Project Participant’s Entitlement Share multiplied by the positive revenue associated with the sale of any Facility Energy or Energy, Capacity Attributes, Ancillary Services net of any CAISO costs or Scheduling Coordinator costs for such MonthServices, and/or Green Attributes, as shown in the following formula:‌ Monthly Cost = ((Project Participant’s Entitlement Share) × (Monthly Capacity Payments)) + ((Project Participant’s Entitlement Share) × (Operating Costs)) – ((Project Participant’s Entitlement Share) × (revenue from sale of Facility Energy or Energy, Capacity Attributes, Ancillary Services, net of any CAISO costs or Scheduling Coordinator costsServices and/or Green Attributes))

Appears in 1 contract

Samples: Geothermal Portfolio Project Participation Share Agreement

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