PJM Member Default Cost Allocation. In the event PJM imposes a Default Allocation Assessment upon Buyer relating to a default during the Term, Buyer shall invoice Seller and Seller shall pay an amount equal to the product of (i) Seller’s Specified Percentage, and (ii) the Default Allocation Assessment, less the amounts of any types of charges allocated to Buyer under this Agreement in Exhibit D that are used by PJM in calculating such Default Allocation Assessment.
Appears in 5 contracts
Samples: Master Agreement, Master Agreement, Default Service Program Supply Master Agreement
PJM Member Default Cost Allocation. In the event PJM imposes a Default Allocation Assessment upon Buyer relating to a default during the Term, Buyer shall invoice Seller and Seller shall pay an amount equal to the product of (i) Seller’s Specified Percentage, and (ii) the Default Allocation Assessment, less the amounts of any types of charges allocated to Buyer under this Agreement in Exhibit D that are used by PJM in calculating such Default Allocation Assessment.and
Appears in 1 contract
Samples: Master Agreement
