Purchase of Energy Sample Clauses

Purchase of Energy. Company will purchase the electric energy supplied to its system from Customer's QF at the rate of the average of the marginal running costs of Company adjusted for line losses in accordance with 170 IAC 4-4.1-8 (a), as then set forth in "Standard Contract Rider No. 50 - Parallel Operation For Qualifying Facility." Company shall file annually with the Commission data supporting such costs. The basis for the determination of such rate for the purchase of energy shall be an appropriate generation simulation program with and without one hundred megawatts of load decrement. Company shall make no capacity payments for the energy supplied by Customer's QF.
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Purchase of Energy. 31 Receiver agrees to purchase all Net Electricity delivered by Provider to the Generation Point of Common
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Purchase of Energy. Receiver agrees to purchase all Net Electricity delivered by Provider to the Generation Point of Common Coupling as evidenced by data from a meter that meets the requirements of Section 4.8. “Net Electricity” shall be determined by subtracting the absolute value of the energy consumed by the Generating Facility, as measured in kilowatt hours, from the absolute value of the energy delivered to Provider by the Generating Facility, as measured in kilowatt hours. The Receiver shall purchase the Net Electricity at the rates defined in Section 6.2.
Sample 1
Purchase of Energy. 5.1 In addition to their respective obligations under this Agreement the Parties shall comply with their respective Tariff and Billing obligations set out in Schedule 7. 5.2 The Offtaker agrees to purchase all Net Energy Output or the Deemed Monthly Quantity injected into the Offtaker’s Network by the [IPP Project Company] in accordance with this Agreement and measured in accordance with Section 4.3, according to the Tariff structure detailed in Schedule 7. This Purchase Price is applicable from the Commercial Operations Date until the expiry of the Supply Term. 5.3 Unless otherwise specified in Schedule 7 the Purchase Price for the Energy Output shall be adjusted in accordance with publicised tariff reviews from the Fiji Commerce Commission. 5.4 The Offtaker must, at the request of the [IPP Project Company], provide Electrical Energy at the Delivery Point for the purpose of testing and commissioning of the Facility. The [IPP Project Company] shall give the Offtaker reasonable written notice of its electrical energy requirements for testing and commissioning of the Facility. 5.5 After the Commercial Operations Date, the Offtaker must, at the request of the [IPP Project Company], provide Electrical Energy at the Delivery Point during any period where the Facility is unable to generate Electrical Energy. 5.6 Imported Energy by the [IPP Project Company] will be measured in accordance with Schedule 6 at the Import Meter. The [IPP Project Company] shall pay the Offtaker for all Imported Energy at the prevailing retail tariff published by the Offtaker under the commercial and industrial tariff, or at the rates agreed in Schedule 7. 5.7 All carbon and other environmental credits and benefits in connection with the generation, supply and/or distribution of the Energy Output from the Facility that constitute personal property shall benefit and be to the account of XXXX, subject to agreement between the Offtaker and [IPP Project Company]. 5.8 Subject to ownership decision in Section 5.7, the [IPP Project Company] agrees to provide such further evidence of the right, title and interest of the Offtaker in such credits or benefits, and such information with respect to such credits or benefits, and do such other things in relation to such credits, as the Offtaker may reasonably request.
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Purchase of Energy. 1The Generator shall sell and SSE shall purchase all the Energy as metered by the Metering Equipment from the Commencement Date until the Expiry Date.
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Purchase of Energy 
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Related to Purchase of Energy

  • Purchase of Equipment For any equipment purchased in whole or in part with Grant Funds, if Grantor determines that Grantee has not met the conditions of 2 CFR 200.439, the costs for such equipment will be disallowed. Grantor must notify Grantee in writing that the purchase of equipment is disallowed.

  • Purchase of Note On the Closing Date (as defined below), the Company shall issue and sell to the Buyer and the Buyer agrees to purchase from the Company such principal amount of Note as is set forth immediately below the Buyer’s name on the signature pages hereto.

  • Purchase of Notes The Company will not and will not permit any Subsidiary or any Affiliate to purchase, redeem, prepay or otherwise acquire, directly or indirectly, any of the outstanding Notes except (a) upon the payment or prepayment of the Notes in accordance with the terms of this Agreement and the Notes or (b) pursuant to a written offer to purchase any outstanding Notes made by the Company or an Affiliate pro rata to the holders of all the Notes then outstanding upon the same terms and conditions. Any such offer shall provide each holder with sufficient information to enable it to make an informed decision with respect to such offer, and shall remain open for at least ten (10) Business Days. If the holders of more than 50% of the aggregate principal amount of the Notes then outstanding accept such offer, the Company shall promptly notify the remaining holders of Notes of such fact and the expiration date for the acceptance by holders of Notes of such offer shall be extended by the number of days necessary to give each such remaining holder at least five (5) Business Days from its receipt of such notice to accept such offer. The Company will promptly cancel all Notes acquired by it or any Subsidiary or any Affiliate pursuant to any payment, prepayment or purchase of Notes pursuant to any provision of this Agreement and no Notes may be issued in substitution or exchange for any such Notes.

  • Purchase of Bonds The Company may at any time, and from time to time, furnish moneys to the Trustee accompanied by a notice directing the Trustee to apply such moneys to the purchase in the open market of Bonds in the principal amounts specified in such notice, and any Bonds so purchased shall thereupon be canceled by the Trustee.

  • Purchase of Notes and Warrants On the Closing Date, the Subscriber will purchase the Notes and Warrants as principal for its own account for investment only and not with a view toward, or for resale in connection with, the public sale or any distribution thereof.

  • Purchase of Shares For the sum of $25,000 (the “Purchase Price”), which the Company acknowledges receiving in cash, the Company hereby issues the Shares to the Subscriber, and the Subscriber hereby purchases the Shares from the Company, subject to forfeiture, on the terms and subject to the conditions set forth in this Agreement. Concurrently with the Subscriber’s execution of this Agreement, the Company shall, at its option, deliver to the Subscriber a certificate registered in the Subscriber’s name representing the shares (the “Original Certificate”), or effect such delivery in book-entry form.