Operational Costs Adder Sample Clauses
Operational Costs Adder. Seller shall be entitled to recover its operational costs for its services in managing this Agreement and any other Net Metered Power Sales Agreement entered into pursuant to Seller’s September 2011 Request for Proposals (“RFP”) for Energy Management Services. The operational adder for Buyer pursuant to Section (b)(i) of Exhibit A shall be $0.01. Commencing on the first anniversary of the Commercial Operation date of the PV System, and on each anniversary date thereafter, the operational adder shall be increased by the percentage that the United States Department of Labor Bureau of Labor Statistics Consumer Price Index For All Urban Consumers (All Items Index for Boston-Brockton- Nashua) (“CPI-U”) for the month in which such anniversary occurs exceeds the corresponding CPI-U for the month in which the Commercial Operation date of the PV System occurs. If the manner in which the CPI-U is determined is substantially revised or the CPI-U shall become unavailable, Seller and Buyer agree to cooperate to determine an acceptable, comparable alternative index upon which to base the increase in the operational adder.
Operational Costs Adder. Seller shall be entitled to recover its operational costs for its services in managing this Agreement and any other Net Metered Power Sales Agreement entered into pursuant to Seller’s September 2011 Request for Proposals (“RFP”) for Energy Management Services. The operational adder for Buyer pursuant to Section (b)(i) of Exhibit A shall be $0.01. Commencing on the first anniversary of the Commercial Operation date of the PV System, and on each anniversary date thereafter, the operational adder shall be increased by the percentage that the United States Department of Labor Bureau of Labor Statistics Consumer Price Index For All Urban Consumers (All Items Index for Boston-Brockton- Nashua) (“CPI-U”) for the month in which such anniversary occurs exceeds the corresponding CPI-U for the month in which the Commercial Operation date of the PV System occurs. If the manner in which the CPI-U is determined is substantially revised or the CPI-U shall become unavailable, Seller and Buyer agree to cooperate to determine an acceptable, comparable alternative index upon which to base the increase in the operational adder. Please see attached. A few individuals have vocalized strong opposition to the Cape & Vineyard Electric Cooperative, Inc. ("CVEC") over the course of the past two years. The opposition is focused on CVEC and one of its members, the Cape Light Compact ("CLC"), a sister entity to CVEC. CVEC became aware of this opposition in 2010 while it was pursuing the development of wind projects on Cape Cod. These individuals routinely objected to the wind projects and to the CLC's provisions of funding for CVEC's development of the wind projects. These same few individuals now routinely object to CVEC's and the CLC's operations in general. Due to a considerable amount of public comment from one individual in particular, a resident of Connecticut, CVEC is generally aware that many agencies within the state government and all local governments on Cape Cod and Martha's Vineyard have received various verbal and written complaints regarding CVEC and the CLC. However, the only such allegations of which CVEC has had to or has responded to are written administrative claims filed by such individuals with Massachusetts state agencies. CVEC is directly aware of the petition below stemming from claims made by one of these individuals. CVEC has delivered a copy of such petition to the Contractor and its Financier. The petition referenced below implicates the CLC and by referenc...