Payment Adjustments. If, in any Settlement Interval, the Scheduled Amounts deviate from the Delivered Amounts by more than plus or minus three percent (± 3%) of the Delivered Amounts, then Seller’s monthly Energy Payment may be subject to an adjustment calculated by SCE in accordance with the procedures set forth in Exhibit E. Such payment adjustments shall not apply so long as: (i) Seller is Scheduling through an independent third party approved by SCE who utilizes, or submits SC Schedules based upon, forecasting and Scheduling methodologies acceptable to SCE in its reasonable discretion; (ii) Seller is and remains a Participating Intermittent Resource and participates in the PIRP or any successor ISO program; (iii) Seller is Scheduling through an independent third party approved by SCE who utilizes, or submits SC Schedules based upon, forecasting and Scheduling methodologies materially similar to that utilized in the PIRP as of the Master Agreement Effective Date; or (iv) SCE is acting as Seller’s Scheduling Coordinator under Section 3.19(b) or Section 11.04(a)(ii).
Appears in 7 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
