Receipts and Payments. A selling Company shall receive from a purchasing Company one hundred and ten percent (110%) of the Seller's Incremental Energy Cost for Pool Energy sold. A purchasing Company shall pay for Pool Energy received one hundred and ten percent (110%) of its portion of the aggregate of the Seller's Incremental Cost for Pool Energy. Where Pool Energy is purchased simultaneously by more than one Company these charges shall be pro rated in proportion to the megawatt-hours of Pool Energy purchased by each buyer. SCHEDULE E PAYMENTS AND RECEIPTS FOR INTERNAL ECONOMY ENERGY EXCHANGES AMONG THE COMPANIES
Appears in 3 contracts
Samples: Operating Agreement (Public Service Co of Oklahoma), Operating Agreement (Southwestern Electric Power Co), Operating Agreement (American Electric Power Co Inc)
Receipts and Payments. A selling Company shall receive from a purchasing Company one hundred and ten percent (110%) of the Sellerselling Company's Incremental Energy Cost for Pool Energy sold. A purchasing Company shall pay for Pool Energy received one hundred and ten percent (110%) of its portion of the aggregate of the Seller's selling Companies' Incremental Cost for Pool Energy. Where Pool Energy is purchased simultaneously by more than one Company Company, these charges shall be pro rated in proportion to the megawatt-hours of Pool Energy purchased by each buyer. SCHEDULE E PAYMENTS AND RECEIPTS FOR INTERNAL ECONOMY ENERGY EXCHANGES AMONG THE COMPANIESCOMPANIES AND FOR OFF-SYSTEM ENERGY PURCHASES AND SALES
Appears in 2 contracts
Samples: Operating Agreement (American Electric Power Co Inc), Operating Agreement (Public Service Co of Oklahoma)