Common use of Post COD Test Energy Clause in Contracts

Post COD Test Energy. The Test Energy Rate for Post COD Test Energy shall be equal to either (a) the Facility Electric Energy Rate with respect to a test requested by Buyer the results of which do not require any corrections or adjustments, or (b) the lesser of the Facility Electric Energy Rate or the Prevailing Market Price (less Transaction Costs) in all other circumstances.

Appears in 2 contracts

Samples: Power Sales Agreement (Aquila Inc), Power Sales Agreement (Aquila Inc)

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Post COD Test Energy. The Test Energy Rate for Post COD -------------------- Test Energy shall be equal to either (a) the Facility Electric Energy Rate with respect to a test requested by Buyer the results of which do not require any corrections or adjustments, or (b) the lesser of the Facility Electric Energy Rate or the Prevailing Market Price (less Transaction Costs) in all other circumstances.

Appears in 2 contracts

Samples: Power Sales Agreement (Dominion Resources Inc /Va/), Power Sales Agreement (Dominion Resources Inc /Va/)

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