Positive Imbalance Energy (Over Deliveries) Sample Clauses

Positive Imbalance Energy (Over Deliveries). In the event that Delivered Energy for any CAISO settlement interval is equal to or greater than Scheduled Energy for such CAISO settlement interval, Buyer shall have no payment obligation in respect of the Positive Imbalance Energy. Buyer shall receive all Green Attributes for the Positive Imbalance Energy in such CAISO settlement interval regardless as to whether it was sold into the CAISO. Seller shall be entitled to all payments or credits from the CAISO to Seller’s SC and Seller shall make all payments to the CAISO in respect of the Positive Imbalance Energy.
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Positive Imbalance Energy (Over Deliveries). In the event that Delivered Energy for any CAISO Settlement Interval is equal to or greater than Scheduled Energy for such CAISO Settlement Interval, Buyer shall have no payment obligation in respect of the Positive Imbalance Energy. Buyer shall receive all Green Attributes for the Positive Imbalance Energy in such CAISO Settlement Interval regardless as to whether it was sold into the CAISO. Seller shall be entitled to all payments or credits from the CAISO in respect of the Positive Imbalance Energy. Negative Imbalance Energy (Under Deliveries). In the event that Delivered Energy for any CAISO settlement interval is less than Scheduled Energy for such CAISO Settlement Interval, Buyer shall have no payment obligation in respect of the Negative Imbalance Energy. Seller shall be responsible for all payments owing to the CAISO in respect of the Negative Imbalance Energy.
Sample 1
Positive Imbalance Energy (Over Deliveries). In the event that Delivered Energy for any CAISO settlement interval is equal to or greater than Scheduled Energy for such CAISO settlement interval, Buyer shall have no payment obligation under Section 4.1 in respect of the Positive Imbalance Energy. Buyer shall receive all Green Attributes for the Positive Imbalance Energy in such CAISO settlement interval regardless as to whether it was sold into the CAISO. [When Seller is SC for the Project: Seller shall be entitled to all payments or credits from the CAISO to Seller’s SC and Seller shall make all payments to the CAISO in respect of the Positive Imbalance Energy.] [When SDG&E is the SC but the Project is not in the VER Forecasting Program: Buyer shall be entitled to all payments or credits from the CAISO in respect of any Positive Imbalance Energy and Buyer shall make all payments to the CAISO in connection with Positive Imbalance Energy during any CAISO settlement interval in which the Performance Tolerance Band has not been exceeded for any reason, other than Seller’s failure to perform. Seller shall make all payments to the CAISO in connection with Positive Imbalance Energy during any CAISO settlement interval in which the Performance Tolerance Band has been exceeded for any reason, other than Buyer’s failure to perform.]
Sample 1

Related to Positive Imbalance Energy (Over Deliveries)

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

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