PURCHASE RATES Clause Samples
The PURCHASE RATES clause defines the specific prices at which goods or services will be bought under the agreement. It typically outlines the applicable rates, any conditions for rate adjustments, and may reference schedules or tables listing the agreed prices. This clause ensures both parties have a clear understanding of the financial terms, helping to prevent disputes over payment amounts and providing a transparent basis for invoicing and budgeting.
PURCHASE RATES. Company will purchase Energy from the Qualifying Facility of Customer in accordance with the conditions and limitations of this Rider and the applicable contract at the following rate: Rate for Purchase of Energy Current Rate per kWh On-Peak Hours (1) $0.05140 Off-Peak Hours (2)(5) $0.03179 On-Peak Hours (3) $0.04402 Off-Peak Hours (4)(5) $0.03829
PURCHASE RATES. The Company will pay for energy and capacity received from the qualifying facility on a monthly basis as follows: Payments for energy to qualifying facilities will be as follows:
PURCHASE RATES. Company will purchase Energy from the Qualifying Facility of Customer in accordance with the conditions and limitations of this Rider and the applicable contract at the following rate: Rate for Purchase of Energy Current Rate per kWh
PURCHASE RATES. Section 3.4 of the STF Agreement governs the rate at which MEMC shall purchase and PCS shall supply STF product. During the Amended Requirements Term, Section 3.4 is amended as follows: MEMC agrees to purchase and PCS agrees to supply STF at a reasonably constant daily rate. MEMC agrees to purchase and receive STF at a higher rate than the constant daily rate, sufficient to load up to [*****] STF Trailers daily, when requested by PCS. The Parties will work together to coordinate outages and curtailments in production, whether planned or unplanned, in order to prevent or minimize any adverse impact on their respective plants and operations; provided, however, PCS shall have no obligation to sell or deliver STF quantities to MEMC at approximately the constant daily rate during periods when one or more STF plants are not in operation due to reasonable maintenance requirements and turnarounds or due to any event of force majeure. MEMC, at its sole expense, shall provide a minimum of [*****] ([*****]) and, upon PCS’s request up to a maximum of [*****] ([*****]), STF Trailers to the PCS Site daily for the loading of the STF sold to MEMC.
PURCHASE RATES. MEMC agrees to purchase and PCS agrees to supply STF at a reasonably constant weekly rate. The Parties agree to cooperate to buy and to supply STF at a higher rate than the constant weekly rate from time to time when requested by one Party and when such higher rate is operationally and commercially reasonable for the other Party. The Parties will work together to coordinate outages and curtailments in production, whether planned or unplanned, in order to prevent or minimize any adverse impact on their respective plants and operations; provided, however, PCS shall have no obligation to sell and deliver STF quantities to MEMC at approximately the constant weekly rate during periods when one or more STF plants are not in operation due to reasonable maintenance requirements and turnarounds or due to any event of force majeure.