Schedule of Guaranteed Savings Sample Clauses

Schedule of Guaranteed Savings. The Guaranteed Savings over the Guaranteed Term is equal to or greater than $2,773,050. The Guaranteed Savings and the Annual Scheduled Savings are set forth in the table below (such table, the “Schedule of Guaranteed Savings”): YEAR ENERGY OPERATIONAL TOTAL 1 $ 89,532 $ 39,975 $ 129,507 2 $ 91,323 $ 40,775 $ 132,097 3 $ 93,149 $ 41,590 $ 134,739 4 $ 95,012 $ 42,422 $ 137,434 5 $ 96,912 $ 43,271 $ 140,183 6 $ 98,851 $ 44,136 $ 142,986 7 $ 100,828 $ 45,019 $ 145,846 8 $ 102,844 $ 45,919 $ 148,763 9 $ 104,901 $ 46,837 $ 151,738 10 $ 106,999 $ 47,774 $ 154,773 11 $ 109,139 $ 48,730 $ 157,869 12 $ 111,322 $ 49,704 $ 161,026 13 $ 113,548 $ 50,698 $ 164,247 14 $ 115,819 $ 51,712 $ 167,531 15 $ 118,136 $ 52,747 $ 170,882 16 $ 120,498 $ 53,801 $ 174,300 17 $ 122,908 $ 54,877 $ 177,786 18 $ 125,366 $ 55,975 $ 181,341 TOTALS $ 1,917,087 $ 855,963 $ 2,773,050 Provided however, that, notwithstanding the above, in no event shall the Guaranteed Savings exceed the total Retrofit Costs over the Guaranteed Term. For sake of clarity, actual or pro forma budget neutral or positive cash flows are not guaranteed.
Sample 1
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Schedule of Guaranteed Savings. The Annual Energy Cost Savings shall equal or exceed the Annual Guaranteed Savings for each year as listed below in the Schedule of Guaranteed Savings. In the event that the Annual Energy Savings is not equal or does not exceed the Annual Guaranteed Savings for a particular year, Ameresco agrees to compensate Customer as specified in Section 5 of the Agreement. Schedule of Guaranteed Savings Year Annual Energy Savings O&M Savings Annual Guaranteed Savings 1 $ 859,478 $ 55,209 $ 914,687 2 $ 885,262 $ 56,865 $ 942,127 3 $ 911,820 $ 58,571 $ 970,391 4 $ 939,175 $ 60,328 $ 999,503 5 $ 967,350 $ 62,138 $ 1,029,488 6 $ 996,370 $ 64,002 $ 1,060,373 7 $ 1,026,262 $ 65,922 $ 1,092,184 8 $ 1,057,049 $ 67,900 $ 1,124,949 9 $ 1,088,761 $ 69,937 $ 1,158,698 10 $ 1,121,424 $ 72,035 $ 1,193,459 11 $ 1,155,066 $ 74,196 $ 1,229,263 12 $ 1,189,718 $ 76,422 $ 1,266,141 13 $ 1,225,410 $ 78,715 $ 1,304,125 14 $ 1,262,172 $ 81,076 $ 1,343,249 15 $ 1,300,037 $ 83,509 $ 1,383,546
Sample 1
Schedule of Guaranteed Savings. During the Guarantee Period, to compare annual Measured Savings to Guaranteed Savings to determine if Guaranteed Savings have been achieved, HONEYWELL shall convert energy savings from the native units to MMBtus as the single combined energy measure and use gallons as the water avoidance guarantee amount for all ESMs. Guaranteed Savings are presented in the table below and the Operational Cost Savings exhibit in section 6.4, and subject to Attachment D. Att A ESM Description Electric Gas* Fuel Oil Guarantee Water – kGallons
Sample 1

Related to Schedule of Guaranteed Savings

  • Basis of Guaranteed Maximum Price The Design-Builder shall include with the GMP Proposal a written statement of its basis, which shall include:

  • AMENDMENT OF GUARANTY No term or provision of this Guaranty shall be amended, modified, altered, waived or supplemented except in a writing signed by Guarantor and Counterparty.

  • Nature of Guaranty This Guaranty Agreement is an absolute, irrevocable, completed and continuing guaranty of payment and not a guaranty of collection, and no notice of the Liabilities or any extension of credit already or hereafter contracted by or extended to Borrower need be given to Guarantor. This Guaranty Agreement may not be revoked by Guarantor and shall continue to be effective with respect to debt under the Liabilities arising or created after any attempted revocation by Guarantor and shall remain in full force and effect until the Liabilities are paid in full and the Commitments are terminated, notwithstanding that from time to time prior thereto no Liabilities may be outstanding. Borrower and the Lenders may modify, alter, rearrange, extend for any period and/or renew from time to time the Liabilities, and the Lenders may waive any Default or Events of Default without notice to the Guarantor and in such event Guarantor will remain fully bound hereunder on the Liabilities. This Guaranty Agreement shall continue to be effective or be reinstated, as the case may be, if at any time any payment of the Liabilities is rescinded or must otherwise be returned by any of the Lenders upon the insolvency, bankruptcy or reorganization of Borrower or otherwise, all as though such payment had not been made. This Guaranty Agreement may be enforced by the Agent and any subsequent holder of any of the Liabilities and shall not be discharged by the assignment or negotiation of all or part of the Liabilities. Guarantor hereby expressly waives presentment, demand, notice of non-payment, protest and notice of protest and dishonor, notice of Default or Event of Default, notice of intent to accelerate the maturity and notice of acceleration of the maturity and any other notice in connection with the Liabilities, and also notice of acceptance of this Guaranty Agreement, acceptance on the part of the Agent for the benefit of the Lenders being conclusively presumed by the Lenders’ request for this Guaranty Agreement and delivery of the same to the Agent.

  • DISCLAIMER OF GUARANTEE Nothing in this Contract and nothing in Attorneys’ statements to Client will be construed as a promise or guarantee about the outcome of Client’s matter. Attorneys make no such promises or guarantees. Attorneys’ comments about the outcome of Client’s matter are expressions of opinion only.

  • Weekly Guarantee Apprentices must be employed a minimum of forty (40) hours per week.

  • Daily Guarantee (a) Subject to the provisions of subsection (c), an employee reporting for a scheduled shift on the call of the Employer, shall receive the employee's regular hourly rate of pay for the entire period spent at the place of work, with a minimum of two (2) hours' pay at the regular hourly rate.

  • The Guarantee Each Guarantor hereby jointly and severally with the other Guarantors guarantees, as a primary obligor and not merely as a surety to each Secured Party and their respective permitted successors and assigns, the prompt payment in full when due (whether at stated maturity, by required prepayment, declaration, demand, by acceleration or otherwise) of the principal of and interest (including any interest, fees, costs or charges that would accrue but for the provisions of (i) the Title 11 of the United States Code after any bankruptcy or insolvency petition under Title 11 of the United States Code and (ii) any other Debtor Relief Laws) on the Loans made by the Lenders to, and the Notes held by each Lender of, the Borrower, and all other Secured Obligations from time to time owing to the Secured Parties by any Loan Party or any Subsidiary under any Loan Document or any Secured Hedge Agreement or any Treasury Services Agreement, in each case strictly in accordance with the terms thereof (such obligations, including any future increases in the amount thereof, being herein collectively called the “Guaranteed Obligations”); provided, however, that Guaranteed Obligations shall exclude all Excluded Swap Obligations. The Guarantors hereby jointly and severally agree that if the Borrower or other Guarantor(s) shall fail to pay in full when due (whether at stated maturity, by acceleration or otherwise) any of the Guaranteed Obligations, the Guarantors will promptly pay the same in cash, without any demand or notice whatsoever, and that in the case of any extension of time of payment or renewal of any of the Guaranteed Obligations, the same will be promptly paid in full when due (whether at extended maturity, by acceleration or otherwise) in accordance with the terms of such extension or renewal.

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.

  • Guaranteed Energy Production (A) Throughout the Delivery Term, Seller shall be required to provide to Buyer an amount of Delivered Energy plus Deemed Delivered Energy, if any, no less than the Guaranteed Energy Production over two (2) consecutive Contract Years during the Delivery Term (“Performance Measurement Period”). “

  • Additional Guarantors The Company shall cause each of its subsidiaries formed or acquired on or subsequent to the date hereof to become a Guarantor for all purposes of this Guarantee by executing and delivering an Assumption Agreement in the form of Annex 1 hereto.

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