Common use of RA Deficiency Amount Calculation Clause in Contracts

RA Deficiency Amount Calculation. For each RA Shortfall Month, Seller shall pay to Buyer an amount (the “RA Deficiency Amount”) equal to the product of the difference, expressed in kW, of (i) Guaranteed RA Amount, minus (ii) the lowest amount of Facility Capacity eligible to be qualified as System RA and, if applicable, Local RA by both the CPUC and CAISO for such month (such difference, the “RA Shortfall”), multiplied by the sum of (a) the CPUC System RA Penalty and (b) the CPM Soft Offer Cap; provided that Seller may, as an alternative to paying RA Deficiency Amounts, deliver Replacement RA up to the RA Shortfall, provided that notice of such Replacement RA capacity is communicated by Seller to Buyer with Replacement RA product information in a written notice substantially in the form attached to the PPA at least seventy-five (75) days before the compliance deadline for the applicable CPUC operating month.

RA Deficiency Amount Calculation. For each RA Shortfall Month, Seller shall pay to Buyer an amount (the “RA Deficiency Amount”) equal to the product of the difference, expressed in kW, of (i) Guaranteed RA Amount, minus (ii) the lowest amount of Facility Available Storage Capacity eligible to be qualified as System RA and, if applicable, Local RA by both the CPUC and CAISO for such month month, (such difference, the “RA Shortfall”), multiplied by the sum of (a) the CPUC System RA Penalty and (b) the CPM Soft Offer Cap; provided that Seller may, as an alternative to paying RA Deficiency Amounts, deliver provide Replacement RA up to the RA Shortfall, provided that notice of such any Replacement RA capacity is (i) communicated by Seller to Buyer with Replacement RA product information in a written notice substantially in the form attached to the PPA at ESA least seventy-five (75) days before the compliance deadline for the applicable CPUC operating month.

RA Deficiency Amount Calculation. For each RA Shortfall Month, Seller shall pay to Buyer an amount (the “RA Deficiency Amount”) equal to the product of the difference, expressed in kW, of (i) Guaranteed RA Amount, minus (ii) the lowest amount of Facility Available Storage Capacity eligible to be qualified as System RA and, if applicable, Local RA by both the CPUC and CAISO for such month month, (such difference, the “RA Shortfall”), multiplied by the sum of (a) the CPUC System RA Penalty and (b) the CPM Soft Offer Cap; provided that Seller may, as an alternative to paying RA Deficiency Amounts, deliver provide Replacement RA up to the RA Shortfall, provided that notice of such any Replacement RA capacity is (i) communicated by Seller to Buyer with Replacement RA product information in a written notice substantially in the form attached to the PPA at least seventy-five (75) days before the compliance deadline for the applicable CPUC operating month.

RA Deficiency Amount Calculation. For each RA Shortfall Month, Seller shall pay to Buyer an amount (the “RA Deficiency Amount”) equal to the product of the difference, expressed in kW, of (i) Guaranteed RA Amount, minus (ii) the lowest amount of Facility Available Storage Capacity eligible to be qualified as System RA and, if applicable, Local RA by both the CPUC and CAISO for such month month, (such difference, the “RA Shortfall”)) , multiplied by the the sum of (a) the CPUC System RA Penalty and (b) the CPM Soft Offer Cap; provided that Seller may, as an alternative to paying RA Deficiency Amounts, deliver provide Replacement RA up to the RA Shortfall, provided that notice of such any Replacement RA capacity is (i) communicated by Seller to Buyer with Replacement RA product information in a written notice substantially in the form attached to the PPA at least seventy-five (75) days before the compliance deadline for the applicable CPUC operating month.

RA Deficiency Amount Calculation. For each RA Shortfall Month, Seller shall pay to Buyer an amount (the “RA Deficiency Amount”) equal to the product of the difference, expressed in kW, of (i) Guaranteed RA Amount, minus (ii) the lowest amount of Facility Available Storage Capacity eligible to be qualified as System RA and, if applicable, Local RA by both the CPUC and CAISO for such month month, (such difference, the “RA Shortfall”), multiplied by the sum of (a) the CPUC System RA Penalty and (b) the CPM Soft Offer Cap; provided that Seller may, as an alternative to paying RA Deficiency Amounts, deliver provide Replacement RA up to in the amount of the RA ShortfallShortfall Amount, provided that notice of such any Replacement RA capacity is communicated by Seller to Buyer with Replacement RA product information in a written notice substantially in the form attached to the PPA of Exhibit M at least seventy-five (75) days before the compliance deadline for the applicable CPUC operating monthShowing Month.

RA Deficiency Amount Calculation. For each RA Shortfall Month, Seller shall pay to Buyer an amount (the “RA Deficiency Amount”) equal to the product of the difference, expressed in kW, of (i) Guaranteed RA Amountthe Contract Quantity, minus (ii) the lowest amount of Facility Capacity eligible Resource Adequacy Benefits able to be qualified shown on Buyer’s monthly or annual RA Plan to the CAISO and CPUC and counted as System RA Resource Adequacy Benefits and, if applicable, Local RA by both the CPUC and CAISO for such month RA, (such difference, the “RA Shortfall”), multiplied by the sum of (a) the CPUC System RA Penalty and (b) the CPM Soft Offer Cap; provided that Seller may, as an alternative to paying RA Deficiency Amounts, deliver provide Replacement RA up to the RA Shortfall, provided that notice of such any Replacement RA capacity is (i) communicated by Seller to Buyer with Replacement RA product information in a written notice substantially in the form attached to the PPA DRRAA at least seventy-five (75) days before the compliance deadline for the applicable CPUC operating month.