Price of Energy Sample Clauses

Price of Energy. (a) Oglethorpe Power shall pay Georgia Power during each Month of the Term a Monthly Energy Payment, in dollars per Month ($/Mo), that is equal to the summation of the Monthly Energy Charge of each Resource for such Month. (b) For each Short Term Resource, the Monthly Energy Charge, in dollars per Month ($/Mo), for any given Month is equal to the summation, over all Hours of the previous Month, of the product of: (1) the amount of energy in megawatt-hours (MWH) deemed to have been utilized by Oglethorpe Power (under Section 4.7) from the Short Term Resource during each Hour of the previous Month; times (2) the Hourly Energy Rate, in dollars per megawatt-hour ($/MWH), for the Short Term Resource for such Hour. (c) For each LT Resource, the Monthly Energy Charge, in dollars per Month ($/Mo), for any given Month is equal to the product of: (1) the summation of the amount of energy, in megawatt-hours per Month (MWH/Mo), deemed to have been utilized by Oglethorpe Power (under Section 5.14) from such LT Resource during each Hour of the previous Month; times (2) the Monthly Energy Rate, in dollars per megawatt-hour ($/MWH), for such LT Resource for such previous Month. (d) Georgia Power shall provide to Oglethorpe Power the Monthly Energy Rate as calculated by Georgia Power as provided in Part 4 of the LT Schedules for each LT Resource associated with a LT Schedule, that is in effect for such Month, for each Month, by the third (3rd) business Day prior to the last Day of the immediately previous Month.
AutoNDA by SimpleDocs
Price of Energy. The Tariff you pay for energy is set out in your Price Fact Sheet and is published on our website. Your Tariff may change from time to time, (including with the roll out of a new meter to your Supply Address) and you may be reassigned to a Tariff that changes subject to the time of day, day of week or season. If the Tariff does change you will be notified on your next bill or as otherwise required by the relevant Codes and Guidelines. Your Tariff may depend on whether you are a Residential Customer or a Small Business Customer as defined by your Distributor and your network tariff arrangements. You must not choose a non-business product plan if you are a Small Business Customer or a non- residential product plan if you are a Residential Customer.
Price of Energy. 3.1 The price that TVA shall pay to LSP Energy for Test Energy received by TVA under this Agreement during each clock hour shall be the lower of (a) the then-current price provided for in Part B of TVA's Dispersed Power Price Schedule CSPP (currently $21.29/MWh during onpeak hours, $16.74/MWh during offpeak hours), and (b) the amount calculated by multiplying TVA's decremental system cost during that clock hour by 0.
Price of Energy. 13 ART. IV: SHORT TERM RESOURCE COMMITMENT AND ENERGY UTILIZATION..........14 4.1 Availability......................................................14 4.2
Price of Energy 

Related to Price of Energy

  • Price of Electricity The price in cents per kilowatt-hour includes: electric generation supply, transmission, capacity charges in PJM, and renewable energy credits; any applicable taxes, (excluding state sales tax and county tax).The price of electricity may include a Monthly Base Charge as outlined in the Plan Information Box. Clearview Energy’s supply charges do not include any EDC charges applied to the Customer.

  • Price of Common Stock The Company has not taken, and will not take, directly or indirectly, any action designed to cause or result in, or that has constituted or that might reasonably be expected to constitute, the stabilization or manipulation of the price of the shares of the Common Stock to facilitate the sale or resale of the Shares.

  • Fuel The Vehicle must be returned with the amount of fuel equal to that at the time of the commencement of the rental. If the Vehicle is returned with less fuel, the difference will be charged to You at a rate of $5.00 per litre (which includes a service component).

  • Energy Cooperation shall focus on: (a) renewable energy; (b) promoting the saving of energy; (c) applied research relating to networks of databases linking the two Parties' economic and social operators; (d) backing efforts to modernise and develop energy networks and the interconnection of such networks with Community networks.

  • Transportation Allowance When an employee is required to travel to the Hospital or to return to her home as a result of reporting to or off work between the hours of hours, (other than reporting to or off work for her regular shift) or at any time while on standby, the Hospital will pay transportation costs either by taxi or by her own vehicle at the rate of thirty-five cents ($0.35) per mile (to a maximum of fourteen dollars ($14.00)) or such greater amount as the Hospital may in its discretion determine for each trip between the aforementioned hours. The employee will provide to the Hospital satisfactory proof of payment of such taxi fare.

  • Contract Price 3.1 For full and complete performance, OWNER agrees to pay CONTRACTOR the sum of $659,258.00 payable in accordance with the terms hereof and to the satisfaction of the OWNER.

  • Raw Materials A. Catalent shall procure Raw Materials only from vendors that are approved in writing by Palatin or otherwise qualified in accordance with the provisions of the Quality Agreement. Catalent shall be responsible for procuring Raw Materials as necessary to meet the Firm Commitment. Catalent shall not be liable for any delay in delivery of Product if (i) Catalent is unable to obtain, in a timely manner, a particular Raw Material necessary for Processing and (ii) Catalent placed orders for such Raw Materials promptly following receipt of Palatin’s Firm Commitment. In the event that any Raw Material becomes subject to purchase lead time beyond the Firm Commitment time frame, the parties will negotiate in good faith an appropriate amendment to this Agreement, including Clause 4.2. B. In certain instances, Palatin may require a specific supplier, manufacturer or vendor (“Vendor”) to be used for Raw Material. In such an event, (i) such Vendor will be identified in the Specifications and (ii) the Raw Materials from such Vendor shall be deemed Palatin-supplied Materials for purposes of this Agreement. If the cost of the Raw Material from any such Vendor (other than a Vendor specified in the Specifications as of the Effective Date) is greater than Catalent’s costs for the same raw material of equal quality from other vendors, Catalent shall add the difference between Catalent’s cost of the Raw Material and the Vendor’s cost of the Raw Material to the Unit Pricing. Palatin will be responsible for all reasonable, out-of-pocket costs incurred by Catalent associated with qualification of any such Vendor who has not been previously qualified by Catalent. C. In the event of (i) a Specification change for any reason, (ii) obsolescence of any Raw Material or (iii) termination or expiry of this Agreement, Palatin shall bear the cost of any unused Raw Materials (including packaging), so long as Catalent (a) purchased such Raw Materials in quantities consistent with Palatin’s then current Firm Commitment and any minimum purchase obligations required by the vendor and (b) used commercially reasonable efforts to mitigate such costs by using any such unused Raw Materials in the manufacture of other products.

  • Supply of Products ‌‌ 3.1 The Supplier warrants that the Products shall: (a) correspond with their description and any applicable Product Specification; (b) conform in all respects with the Order and any relevant sample; (c) be of satisfactory quality and fit for any purpose held out by the Supplier or made known to the Supplier by Ornua, expressly or by implication, and in this respect Ornua relies on the Supplier's skill and judgement; (d) be manufactured by properly trained and qualified personnel using all reasonable skill, care and diligence and in a good and workmanlike manner;‌ (e) where they are manufactured products, be free from defects in design, materials and workmanship and remain so for the period set out in the Product Specification or, if none is specified, for at least 12 months after delivery; (f) comply with all applicable statutory and regulatory requirements relating to the manufacture, labelling, packaging, storage, handling and delivery of the Products;‌ (g) comply with all relevant standards including any UK Standards, European Standards or International Standards applicable in the UK and the country or State where the Products are to be used; and (h) in the case of Products containing food stuffs, when delivered to Ornua, comply with all applicable food and hygiene legislation and regulations and best industry practice.‌ 3.2 The Supplier shall ensure that at all times it has and maintains all licences, permissions, authorisations, consents and permits needed to carry out its obligations under the Contract in respect of the supply of Products. Breach of this Condition shall be deemed a material breach of the Contract. 3.3 Ornua may inspect and test the Products at any time before delivery. The Supplier shall remain fully responsible for the Products despite any such inspection or testing and any such inspection or testing shall not reduce or otherwise affect the Supplier's obligations under the Contract. 3.4 If following such inspection or testing Ornua considers that the Products do not comply or are unlikely to comply with the Supplier's undertakings at clause 3.1, Ornua shall inform the Supplier and the Supplier shall immediately take such remedial action as is necessary to ensure compliance.‌ 3.5 Ornua may conduct further inspections and tests after the Supplier has carried out its remedial actions.

  • Electric If Customer has selected an Electricity Fixed Rate on the Application, Customer’s Price will be based on the Fixed Rate(s) which includes Local and State taxes, Gross Receipts Tax (GRT), PJM Adjustment (defined below) charges and adjustments and Utility applied charges and/or fees related to generation, plus the Administration Charge, which includes, Electricity Balancing Amount and third party utility and billing charges.

  • PRICE CEILING Although Contractor may offer lower prices to Purchasers, during the term of this Master Contract, Contractor guarantees to provide the Goods/Services at no greater than the prices set forth in Exhibit B – Prices for Goods/Services (subject to economic adjustment as set forth herein).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!