Common use of Monthly Fixed Amount Clause in Contracts

Monthly Fixed Amount. (a) The billing period during the Term shall be each calendar month. Not later than the twentieth (20th) day of each month, Xxxxx shall prepare and provide to RGE an invoice showing for the preceding month the Monthly Fixed Amount (prorated for any partial month), the Applicable Revenues, any Unplanned Outage Performance Adjustments, any Force Majeure Event Performance Adjustments and any other amounts payable by either Party under this Agreement, together with reasonable documentation supporting the invoiced amounts (including the relevant NYISO invoices detailing the revenues and charges related to the RSS Unit). RGE shall pay Xxxxx the Monthly Fixed Amount (net of Applicable Revenues, any Unplanned Outage Performance Adjustments, any Force Majeure Event Performance Adjustments and any other amounts payable by Xxxxx under this Agreement) for each month during the Term.

Appears in 5 contracts

Samples: Reliability Support Services Agreement, Reliability Support Services Agreement, Reliability Support Services Agreement

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Monthly Fixed Amount. (a) The billing period during the Term shall be each calendar month. Not later than the twentieth (20th) day of each month, Xxxxx shall prepare and provide to RGE an invoice showing for the preceding month the Monthly Fixed Amount (prorated for any partial month), the Applicable Revenues, any Unplanned Outage Performance Adjustments, any Force Majeure Event Performance Adjustments and any other amounts payable by either Party under this Agreement, together with reasonable documentation supporting the invoiced amounts (including the relevant NYISO invoices detailing the revenues and charges related to the RSS Unit). RGE shall pay Xxxxx the Monthly Fixed Amount (net of Applicable Revenues, any Unplanned Outage Performance Adjustments, any Force Majeure Event Performance Adjustments and any other amounts payable by Xxxxx under this Agreement) for each month during the Term, subject to the Settlement Cap Amount and the Settlement Floor Amount described in Section 4.3.

Appears in 1 contract

Samples: Services Agreement

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