Common use of Sales by LPM Clause in Contracts

Sales by LPM. (a) In each Interval of the Term, LPM shall sell and deliver, or cause to be delivered, and OPC shall purchase and receive, or cause to be received, an amount of Electric Energy equal to the sum of (i) LPM's Share of OPC Load in that Interval, plus (ii) LPM's Share of OPC Off-System Sales in that Interval, plus (iii) LPM's Share of Customer Choice Load in that Interval. This Agreement shall constitute the single agreement under which LPM is obligated to supply at wholesale Electric Energy to serve LPM's Share of OPC Load, LPM's Share of Customer Choice Load, and LPM's Share of OPC Off-System Sales in accordance with the terms hereof, and no further request, schedule or agreement by OPC is needed.

Appears in 2 contracts

Samples: Power Purchase and Sale Agreement (Lg&e Energy Corp), Power Purchase and Sale Agreement (Oglethorpe Power Corp)

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Sales by LPM. (a) In each Interval of the Term, LPM shall sell and deliver, or cause to be delivered, and OPC shall purchase and receive, or cause to be received, an amount of Electric Energy equal to the sum of (i) LPM's Share of OPC Participating Member Load in that Interval, plus (ii) LPM's Share of OPC Participating Member Off-System Sales in that Interval, plus (iii) LPM's Share of Participating Member Customer Choice Load in that Interval. This Agreement shall constitute the single agreement under which LPM is obligated to supply at wholesale Electric Energy to serve LPM's Share of OPC Participating Member Load, LPM's Share of Participating Member Customer Choice Load, and LPM's Share of OPC Participating Member Off-System Sales in accordance with the terms hereof, and no further request, schedule or agreement by OPC is needed.

Appears in 2 contracts

Samples: Power Purchase and Sale Agreement (Oglethorpe Power Corp), Power Purchase and Sale Agreement (Lg&e Energy Corp)

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