Common use of Reimbursement for Fuel Clause in Contracts

Reimbursement for Fuel. Project Company shall reimburse MAEM for all Fuel delivered to the Generating Stations as follows: (a) Fuel consisting of natural gas shall be reimbursed at the market price of such gas, including transportation charges, on the delivery date. (b) Fuel consisting of coal shall be reimbursed at MAEM’s cost plus delivery charges and other fees and expenses incurred by MAEM in connection with the delivery of such coal. (c) Residual Fuel Oil delivered to Project Company shall be reimbursed at the Fuel Oil Index Price on the day the Fuel Oil is consumed by the Generating Station. No. 2 Fuel Oil delivered to Project Company (including the costs of transportation) shall be reimbursed at MAEM’s actual cost.

Appears in 3 contracts

Samples: Power Sale, Fuel Supply and Services Agreement (Mirant Americas Generating LLC), Power Sale, Fuel Supply and Services Agreement (Mirant Mid Atlantic LLC), Power Sale, Fuel Supply and Services Agreement (Mirant Mid Atlantic LLC)

AutoNDA by SimpleDocs

Reimbursement for Fuel. Project Company shall reimburse MAEM for all Fuel delivered to the Generating Stations Station as follows: (a) Fuel consisting of natural gas shall be reimbursed at the market price of such gas, including transportation charges, on the delivery date. (b) Fuel consisting of coal shall be reimbursed at MAEM’s 's cost plus delivery charges and other fees and expenses incurred by MAEM in connection with the delivery of such coal. (c) Residual Fuel Oil delivered to Project Company shall be reimbursed at the Fuel Oil Index Price on the day the Fuel Oil is consumed by the Generating Station. No. 2 Fuel Oil delivered to Project Company (including the costs of transportation) shall be reimbursed at MAEM’s actual cost.

Appears in 1 contract

Samples: Power Sale, Fuel Supply and Services Agreement (Mirant Mid Atlantic LLC)

AutoNDA by SimpleDocs

Reimbursement for Fuel. Project Company shall reimburse MAEM for all Fuel delivered to the Generating Stations Station as follows: (a) Fuel consisting of natural gas shall be reimbursed at the market price of such gas, including transportation charges, on the delivery date. (b) Fuel consisting of coal shall be reimbursed at MAEM’s cost plus delivery charges and other fees and expenses incurred by MAEM in connection with the delivery of such coal. (c) Residual Fuel Oil delivered to Project Company shall be reimbursed at the Fuel Oil Index Price on the day the Fuel Oil is consumed by the Generating Station. No. 2 Fuel Oil delivered to Project Company (including the costs of transportation) shall be reimbursed at MAEM’s actual cost.

Appears in 1 contract

Samples: Power Sale, Fuel Supply and Services Agreement (Mirant Mid Atlantic LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!