Negative Imbalance Energy (Under Deliveries. In the event that Delivered Energy for any CAISO settlement interval is less than Scheduled Energy for such CAISO settlement interval, Buyer shall have no payment obligation in respect of the Negative Imbalance Energy. Seller shall make all payments to the CAISO and Seller shall be entitled to all payments or credits from the CAISO to Seller’s SC in respect of the Negative Imbalance Energy required under the CAISO Tariff.]
Negative Imbalance Energy (Under Deliveries. In the event that Delivered Energy for any CAISO settlement interval is less than Scheduled Energy for such CAISO settlement interval, Buyer shall have no payment obligation under Section 4.1 in respect of the Negative Imbalance Energy. [When Seller is SC for the Project: Seller shall make all payments to the CAISO and Seller shall be entitled to all payments or credits from the CAISO to Seller’s SC in respect of the Negative Imbalance Energy required under the CAISO Tariff.] [When SDG&E is the SC but the Project is not in the VER Forecasting Program: Buyer shall be entitled to all payments or credits from the CAISO in respect of any Negative Imbalance Energy and Buyer shall make all payments to the CAISO in connection with Negative Imbalance Energy during any CAISO settlement interval in which the Performance Tolerance Band has not been exceeded for any reason, other than Seller’s failure to perform. Seller shall make all payments to the CAISO in connection with Negative Imbalance Energy during any CAISO settlement interval in which the Performance Tolerance Band has been exceeded for any reason, other than Buyer’s failure to perform.]]
