Monthly Payment for Excess Energy. Buyer shall pay Seller for Excess Energy (“Monthly Payment for Excess Energy”) in the amount that results from adding (i) the product of the Excess Delivered Energy Price in each applicable Settlement Interval multiplied by the Excess Delivered Energy in each Settlement Interval, plus (ii) the product of the Excess Deemed Delivered Energy Price in each applicable Settlement Interval multiplied by the Excess Deemed Delivered Energy in each Settlement Interval: Settlement Interval=1 hour=1 (Excess Delivered Energy PriceSettlement Interval × Excess Delivered Energy MWhSettlement Interval) + (Excess Deemed Delivered Energy PriceSettlement Interval × Excess Deemed Delivered Energy MWhSettlement Interval)
Appears in 4 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Monthly Payment for Excess Energy. Buyer shall pay Seller for Excess Energy (“Monthly Payment for Excess Energy”) in the amount that results from adding (i) the product of the Excess Delivered Energy Price in each applicable Settlement Interval multiplied by the Excess Delivered Energy in each Settlement Interval, plus (ii) the product of the Excess Deemed Delivered Energy Price in each applicable Settlement Interval multiplied by the Excess Deemed Delivered Energy in each Settlement Interval: Monthly Payment for Excess Energy = Settlement Interval=1 hour=1 (Excess [(Excess Delivered Energy PriceSettlement Interval × Excess Delivered Energy MWhSettlement Interval) )] + [(Excess Deemed Delivered Energy PriceSettlement Interval × Excess Deemed Delivered Energy MWhSettlement Interval)]
Appears in 3 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Monthly Payment for Excess Energy. Buyer shall pay Seller for Excess Energy (“Monthly Payment for Excess Energy”) in the amount that results from adding (i) the product of the Excess Delivered Energy Price in each applicable Settlement Interval multiplied by the Excess Delivered Energy in each Settlement Interval, plus (ii) the product of the Excess Deemed Delivered Energy Price in each applicable Settlement Interval multiplied by the Excess Deemed Delivered Energy in each Settlement Interval: Settlement Interval=1 hour=1 Monthly Payment for Excess Energy = (Excess Delivered Energy PriceSettlement Interval × Excess Delivered Energy MWhSettlement Interval) + (Excess Deemed Delivered Energy PriceSettlement Interval × Excess Deemed Delivered Energy MWhSettlement Interval)
Appears in 2 contracts
