Peak Tolling Energy Sample Clauses

Peak Tolling Energy. During the full and consecutive calendar months of December, January, February and March (the aforesaid full calendar months collectively referred to as a “Peak Period”), at the request of the Purchaser, the Supplier shall produce and deliver electrical energy from the Power Plant (hereinafter referred to as “Peak Tolling Energy”), subject to the following conditions: (i) the request for Peak Tolling Energy shall be made by the Purchaser in writing and must be received by the Supplier a minimum of twelve (12) hours in advance of the hour that the Peak Tolling Energy is to be delivered; (ii) the Purchaser may not request Peak Tolling Energy more frequently than twice in a given calendar day (for purposes hereof, a calendar day shall commence at 12:00 a.m. and end at 11:59 p.m. on that same calendar day); (iii) any request by the Purchaser for Peak Tolling Energy shall be for a minimum duration of three (3) consecutive hours of run time (exclusive of start-up, shutdown, standby and ramping times); (iv) the Purchaser’s requests for Peak Tolling Energy during any one Peak Period shall not exceed three hundred (300) hours of run time during such period (exclusive of start-up, shutdown, standby and ramping times) (the “Peak Run Time Hours”); (v) for the availability of the Tolling Capacity to the Purchaser during the Peak Period (whether or not the Purchaser requests any Peak Tolling Energy), the Purchaser shall pay the Supplier the Annual Tolling Fee applicable to each Contract Year and all other charges set forth in Schedule B attached to this MOU; (vi) for the delivery of Peak Tolling Energy for each Peak Run Time Hour above one hundred (100) Peak Run Time Hours, the Purchaser shall pay the Supplier the fees, charges and costs set forth in Schedule C; and (vii) any request by the Purchaser for Peak Tolling Energy shall be deemed to be for the Maximum Peak Tolling Capacity (as defined in Subsection 2(d)), unless the Purchaser has provided the Supplier with an hourly delivery schedule (the “Delivery Schedule”) setting out a specific quantity of Peak Tolling Energy (at any level between the minimum loading point and the Maximum Peak Tolling Capacity) to be delivered by the Supplier to the Purchaser during each Peak Run Time Hour covered by such Delivery Schedule;
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Related to Peak Tolling Energy

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