Common use of Monthly Start-up Adjustment Clause in Contracts

Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 and D‑3: Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up  Prepaid Start-up Adjustment calculated in accordance with Equation D-2 applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 Where:  The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the Start-up and the cancellation and (b) the applicable Start-up Lead Time.

Appears in 6 contracts

Samples: Must Run Service Agreement, Must Run Service Agreement, Must Run Service Agreement

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Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 D-2 and D‑3D-3: Equation D2 Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Equation D-3 Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up Prepaid Start-up Adjustment calculated in accordance with Equation D-2 = applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 Where: The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the Start-up and the cancellation and (b) the applicable Start-up Lead Time.

Appears in 4 contracts

Samples: Must Run Service Agreement, Must Run Service Agreement, Must Run Service Agreement

Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 D-2 and D‑3D-3: Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up  Prepaid Start-up Adjustment calculated in accordance with Equation D-2 = applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 Prepaid Start-up Adjustment  calculated in accordance with Equation D-2 Where:  The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the Start-up and the cancellation and (b) the applicable Start-up Lead Time.

Appears in 3 contracts

Samples: Must Run Service Agreement, Must Run Service Agreement, Must Run Service Agreement

Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 D-2 and D‑3D-3: Equation D2 Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Equation D-3 Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up Prepaid Start-up Adjustment calculated in accordance with Equation D-2 = applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 🟏 Where: The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the Start-up and the cancellation and (b) the applicable Start-up Lead Time.

Appears in 3 contracts

Samples: Must Run Service Agreement, Must Run Service Agreement, Must Run Service Agreement

Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 D-2 and D‑3D-3: Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up  Prepaid Start-up Adjustment calculated in accordance with Equation D-2 = applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 Prepaid Start-up Adjustment 🟏 calculated in accordance with Equation D-2 Where: The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the Start-up and the cancellation and (b) the applicable Start-up Lead Time.

Appears in 2 contracts

Samples: Must Run Service Agreement, Must Run Service Agreement

Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 D-2 and D‑3D-3: Equation D2 Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Equation D-3 Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up Prepaid Start-up Adjustment calculated in accordance with Equation D-2 = applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 Where:  The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the Start-up and the cancellation and (b) the applicable Start-up Lead Time.

Appears in 2 contracts

Samples: Must Run Service Agreement, Must Run Service Agreement

Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 D-2 and D‑3D-3: Equation D2 Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Equation D-3 Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up Prepaid Start-up Adjustment calculated in accordance with Equation D-2 = applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 🟏 Where: The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the Start-up and the cancellation and (b) the applicable Start-up Lead Time.. SCHEDULE D‌ Part 2‌ Start-up Payment for Condition 2 Units‌

Appears in 1 contract

Samples: Reliability Must Run Contract

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Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 D-2 and D‑3D-3: Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up  Prepaid Start-up Adjustment calculated in accordance with Equation D-2 = applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 Prepaid Start-up Adjustment ’ calculated in accordance with Equation D-2 Where: The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the Start-up and the cancellation and (b) the applicable Start-up Lead Time.

Appears in 1 contract

Samples: Must Run Service Agreement

Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 D-2 and D‑3D-3: Equation D2 Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Equation D-3 Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up Prepaid Start-up Adjustment calculated in accordance with Equation D-2 = applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 Where: The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the Start-up and the cancellation and (b) the applicable Start-up Lead Time.Time.‌ Part 2‌ Start-up Payment for Condition 2 Units‌

Appears in 1 contract

Samples: Reliability Must Run Contract

Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 D-2 and D‑3D-3: Equation D2 Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Equation D-3 Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up Prepaid Start-up Adjustment calculated in accordance with Equation D-2 = applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 Where: The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the Start-up and the cancellation and (b) the applicable Start-up Lead Time. 1. Start-up Payment

Appears in 1 contract

Samples: Reliability Must Run Contract

Monthly Start-up Adjustment. For each Start-up successfully completed in compliance with a Dispatch Notice during the Billing Month, and each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up Adjustment, which shall be a credit or payment, is the sum of Prepaid Start-up Adjustments, and Prepaid Start-up Adjustments for Canceled Start-ups calculated in accordance with Equations D‑2 D-2 and D‑3D-3: Equation D2 Prepaid Start-up Adjustment = Prepaid Start-up Cost calculated in accordance with Section 1 minus the actual Start-up Cost calculated in accordance with Equation D-1. Equation D-3 Prepaid Start-up Adjustment for Canceled Start-up = Number of hours committed to the Start-up Prepaid Start-up Adjustment calculated in accordance with Equation D-2 = applicable Start-up Lead Time (hrs) as shown in Schedule A, Section 6 Where:  The “number of hours committed to the Start-up” is the lesser of (a) time elapsed between the initiation of the : 1. Start-up and the cancellation and (b) the applicable Start-up Lead Time.Payment

Appears in 1 contract

Samples: Reliability Must Run Contract

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