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each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up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: 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 5 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each Start-up initiated in compliance with a Dispatch Notice but not successfully completed because it is canceled or rescinded by CAISO, until the total Counted Start-ups for the Contract Year equals the number of Prepaid Start-ups for the Contract Year, the Monthly Start-up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. SCHEDULE D Part 2 Start-up Payment for Condition 2 Units

Appears in 4 contracts

Samples: Service Agreement, Service Agreement, 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 and D-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 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 and D-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 Equation D-3 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. SCHEDULE D Part 2 Start-up Payment for Condition 2 Units

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 and D-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.‌ SCHEDULE D Part 2 2‌ Start-up Payment for Condition 2 UnitsUnits‌

Appears in 2 contracts

Samples: Service Agreement, 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 and D-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 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 and D-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 D‌ Part 2 2‌ Start-up Payment for Condition 2 UnitsUnits‌

Appears in 1 contract

Samples: 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 and D-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 D‌ Part 2 2‌ Start-up Payment for Condition 2 UnitsUnits‌

Appears in 1 contract

Samples: Service Agreement

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