Monthly Energy Payment. For each month, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of the Energy Price times the XXX Factor for the applicable XXX Period times the Delivered Energy in each hour (“Monthly Energy Payment”). Monthly Energy Payment = ∑ Energy Price x XXX Factor x Delivered Energy
Appears in 2 contracts
Monthly Energy Payment. For each month, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of the then applicable Energy Price times the XXX Factor for the applicable XXX Period times the Delivered Energy in each hour (“Monthly Energy Payment”). Monthly Energy Payment = ∑ then applicable Energy Price x XXX Factor x Delivered Energy
Appears in 1 contract
Samples: Power Purchase Agreement
Monthly Energy Payment. For each month, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of the then applicable Energy Price times the XXX Factor for the applicable XXX Period times the Delivered Energy in each hour (“Monthly Energy Payment”). Monthly Energy Payment = ∑ Energy Price x XXX Factor x Delivered Energy.
Appears in 1 contract
Samples: Power Purchase Agreement