POLR Energy Imbalance and Supply Violations Charges Sample Clauses

POLR Energy Imbalance and Supply Violations Charges. For --------------------------------------------------- any hour during which there is POLR Energy Imbalance, the POLR Supplier shall pay to DLC, in accordance with the billing procedures set forth in Article VII of this Agreement, the following amounts, as applicable: (a) POLR Supplier Self-Schedules the POLR Supply Amount. --------------------------------------------------- In the event that the POLR Supplier does not either schedule the POLR Supply Amount according to the POLR Supply Forecast, as contemplated by Section 4.3(b) hereof, or Dynamically Schedule the POLR Supply Amount, as contemplated by Section 4.3(c) hereof, then: (i) If the POLR Supplier delivers, in any hour, an amount of Energy that is between 90% and 110% of the POLR Supply Amount for that hour, the POLR Supplier shall, in the event of an under-delivery, pay to DLC an amount of dollars equal to the charge under the OATT applicable to an under- delivery of an amount of Energy equal to the POLR Energy Imbalance, and, in the event of an over-delivery, receive a credit from DLC in an amount of dollars equal to the credit under the OATT applicable to an over-delivery of an amount of Energy equal to the POLR Energy Imbalance (net of any costs DLC incurs in disposing of such excess Energy). (ii) If the POLR Supplier delivers, in any hour, an amount of Energy that is at least 75% but less than 90% of the POLR Supply Amount for that hour, the POLR Supplier shall pay to DLC an amount of dollars equal to 110% of the charge under the OATT applicable to an under-delivery of an amount of Energy equal to the POLR Energy Imbalance. If the POLR Supplier delivers, in any hour, an amount of Energy that is less than 75% of the POLR Supply Amount for that hour, the POLR Supplier shall pay to DLC an amount of dollars equal to 125% of the charge under the OATT applicable to an under- delivery of an amount of Energy equal to the POLR Energy Imbalance. (iii) If the POLR Supplier delivers, in any hour, an amount of Energy that is greater than 110% of the POLR Supply Amount for that hour, the POLR Supplier shall receive from DLC a credit in an amount of dollars equal to the credit under the OATT applicable to an over-delivery of an amount of Energy equal to that portion of the POLR Energy Imbalance attributable to the portion of such over-delivery that does not exceed 110% of such POLR Supply Amount (net of any costs DLC incurs in disposing of such excess Energy) as contemplated by Section 4.3(a) hereof and, fo...
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Related to POLR Energy Imbalance and Supply Violations Charges

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