Option Charge. 2.1 The Option Fee shall be the Auction Clearing Price as determined in Section 3 of Schedule 2. 2.2 The Option Charge for each Payment Period in the Supply Period is the total of all charges below: 2.2.1 The sum of the Contracted Options nominated as Active Options multiplied by the Option Fee; 2.2.2 The sum of the Firm Contracted Options nominated as Exercisable Options multiplied by the Booking Fee;
Appears in 2 contracts
Samples: Non Green Vipp5 Auction Agreement, Non Green Vipp4 Auction Agreement
Option Charge. 2.1 The Option Fee shall be the Auction Clearing Price as determined in Section 3 of Schedule 2.
2.2 The Option Charge for each Payment Period in the Supply Period is the total of all charges below:.
2.2.1 The sum of the Contracted Options nominated as Active Options multiplied by the Option Fee;
2.2.2 The sum of the Firm Contracted Options nominated as Exercisable Options multiplied by the Booking Fee;.
Appears in 2 contracts
Samples: Non Green Vipp3 Auction Agreement, Non Green Vipp3 Auction Agreement
