PRICE SUPPLEMENT RELATED TO AN HOURLY CAPACITY Sample Clauses

PRICE SUPPLEMENT RELATED TO AN HOURLY CAPACITY. OVERRUN‌ Every day, for each Hourly Delivery Capacity specified in Appendix 2 to the Contract, the difference, if it is positive, between - The maximum value of the hourly average of the Hourly Quantity Delivered during four (4) consecutive hours on the relevant Day, and - The corresponding Hourly Delivery Capacity shall constitute an Hourly Capacity Overrun. For any Hourly Capacity Overrun less than or equal to ten per cent (10%) of the corresponding Hourly Capacity, no Price Supplement for Hourly Capacity Overrun shall be due by the Shipper. For any Hourly Capacity Overrun in excess of ten per cent (10%) and less than or equal to twenty per cent (20%) of the said Hourly Delivery Capacity, a Price Supplement linked to the Hourly Delivery Capacity Overrun shall be due by the Shipper, calculated as follows: Where: • CPDCHL is the Price Supplement for the relevant Hourly Capacity Overrun, • PUQCHL is the daily unit price for the relevant Hourly Delivery Capacity for the relevant Day, • DCH is the Hourly Capacity Overrun corresponding to the relevant Hourly Capacity, • CHL is the value of the relevant Hourly Delivery Capacity, For any Hourly Capacity Overrun in excess of twenty per cent (20%) of the said Hourly Delivery Capacity, a Price Supplement linked to the Hourly Delivery Capacity Overrun shall be due by the Shipper, calculated as follows: CPDCHL = PUQCHL x ( (0.10 x CHL) x 45 + (DCH – 0.20 x CHL) x 90) where CPDCHL, PUQCHL, DCH and CHL have the same definitions as above.
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Related to PRICE SUPPLEMENT RELATED TO AN HOURLY CAPACITY

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  • Contract Capacity The electric power producing capability of the Generating Facility which is committed to Edison.

  • Interconnection Customer Provided Services The services provided by Interconnection Customer under this LGIA are set forth in Article 9.6 and Article 13.5. 1. Interconnection Customer shall be paid for such services in accordance with Article 11.6.

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  • Independent Capacity of Contractor The Contractor and Contractor Parties shall act in an independent capacity and not as officers or employees of the state of Connecticut or of the Agency.

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