Common use of PGE’s Failure to Accept Clause in Contracts

PGE’s Failure to Accept. If PGE fails to accept Energy that is scheduled in accordance with Section 3.8, and Seller is ready willing and able to deliver Energy to the Delivery Point, and such failure is not excused by a reliability or transmission constraint, Force Majeure or by Seller’s failure to perform, then PGE shall owe Seller an amount for such deficiency equal to the positive difference between the applicable purchase price as set forth in Section 7.1 for the amount of Energy PGE fails to accept minus the Sales Price associated with the amount of Energy PGE fails to accept. Any such amount owed by PGE to Seller shall be added to the calculation of PGE’s payment obligation for the month pursuant to Section 7.1. For each MWh of Energy not accepted by PGE pursuant to this Section 6.2, Seller’s obligation to deliver the Guaranteed Output Threshold shall be reduced by one (1) MWh. An example illustrating the calculation of amounts due to Seller under this Section 6.2 under certain stated assumptions is set forth in Exhibit I.

Appears in 4 contracts

Samples: Wholesale Renewable Power Purchase Agreement, Wholesale Renewable Power Purchase Agreement, Wholesale Renewable Power Purchase Agreement

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PGE’s Failure to Accept. If PGE fails to accept Energy that is scheduled in accordance with Section 3.8, and Seller is ready willing and able to deliver Energy to the Delivery Point, and such failure is not excused by a reliability or transmission constraint, Force Majeure or by Seller’s failure to perform, then PGE shall owe Seller an amount for such deficiency equal to the positive difference between the applicable purchase price as set forth in Section 7.1 for the amount of Energy PGE fails to accept minus the Sales Price associated with the amount of Energy PGE fails to accept. Any such amount owed by PGE to Seller shall be added to the calculation of PGE’s payment obligation for the month pursuant to Section 7.1. For each MWh of Energy not accepted by PGE pursuant to this Section 6.2, Seller’s obligation to deliver the Guaranteed Output Threshold shall be reduced by one (1) MWh. An example illustrating the calculation of amounts due to Seller under this Section 6.2 under certain stated assumptions is set forth in Exhibit I.I.‌

Appears in 2 contracts

Samples: Wholesale Renewable Power Purchase Agreement, Wholesale Renewable Power Purchase Agreement

PGE’s Failure to Accept. If PGE fails to accept Generating Facility Energy that is scheduled in accordance with Section 3.83.9.2, and Seller is ready willing and able to deliver Generating Facility Energy to the Generating Facility Delivery Point, and such failure is not excused by a reliability or transmission constraint, Force Majeure or by Seller’s failure to perform, then PGE shall owe Seller an amount for such deficiency equal to the positive difference between the applicable purchase price as set forth in Section 7.1 2.3.2 for the amount of Generating Facility Energy PGE fails to accept minus the Sales Price associated with the amount of Generating Facility Energy PGE fails to accept. Any such amount owed by PGE to Seller shall be added to the calculation of PGE’s payment obligation for the month pursuant to Section 7.12.3.2. For each MWh of Generating Facility Energy not accepted by PGE pursuant to this Section 6.2, Seller’s obligation to deliver the Guaranteed Output Threshold Specified Amount shall be reduced by one (1) MWh. An example illustrating the calculation of amounts due to Seller under this Section 6.2 under certain stated assumptions is set forth in Exhibit I.I.‌

Appears in 2 contracts

Samples: Wholesale Renewable Power and Storage Capacity Purchase Agreement, Wholesale Renewable Power and Storage Capacity Purchase Agreement

PGE’s Failure to Accept. If PGE fails to accept Energy that is scheduled in accordance with Section 3.8, and Seller is ready willing and able to deliver Energy to the Delivery Point, and such failure is not excused by a reliability or transmission constraint, Force Majeure or by Seller’s failure to perform, then PGE shall owe Seller an amount for such deficiency equal to the positive difference between the applicable purchase price as set forth in Section 7.1 2.3.2 for the amount of Energy PGE fails to accept minus the Sales Price associated with the amount of Energy PGE fails to accept. Any such amount owed by PGE to Seller shall be added to the calculation of PGE’s payment obligation for the month pursuant to Section 7.1Section2.3.2. For each MWh of Energy not accepted by PGE pursuant to this Section 6.2, Seller’s obligation to deliver the Guaranteed Output Threshold Specified Amount shall be reduced by one (1) MWh. An example illustrating the calculation of amounts due to Seller under this Section 6.2 under certain stated assumptions is set forth in Exhibit I.I.‌

Appears in 1 contract

Samples: Wholesale Renewable Power Purchase Agreement

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PGE’s Failure to Accept. If PGE fails to accept Generating Facility Energy that is scheduled in accordance with Section 3.83.9.2, and Seller is ready willing and able to deliver Generating Facility Energy to the Generating Facility Delivery Point, and such failure is not excused by a reliability or transmission constraint, Force Majeure or by Seller’s failure to perform, then PGE shall owe Seller an amount for such deficiency equal to the positive difference between the applicable purchase price as set forth in Section 7.1 2.3.2 for the amount of Generating Facility Energy PGE fails to accept minus the Sales Price associated with the amount of Generating Facility Energy PGE fails to accept. Any such amount owed by PGE to Seller shall be added to the calculation of PGE’s payment obligation for the month pursuant to Section 7.12.3.2. For each MWh of Generating Facility Energy not accepted by PGE pursuant to this Section 6.2, Seller’s obligation to deliver the Guaranteed Output Threshold Specified Amount shall be reduced by one (1) MWh. An example illustrating the calculation of amounts due to Seller under this Section 6.2 under certain stated assumptions is set forth in Exhibit I.

Appears in 1 contract

Samples: Wholesale Renewable Power and Storage Capacity Purchase Agreement

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