Scheduled Dispatch Gas Clause Samples

Scheduled Dispatch Gas. Seller shall sell and deliver to, and Buyer shall purchase and receive at, the Delivery Point(s), on a Firm Basis, a quantity of Gas Scheduled by Buyer or Fuel Manager for delivery during a Day pursuant to Section 4.1, up to the difference between (i) 24,240 MMBtu of Gas (plus Fuel Use) per Day, and (ii) the quantity of Limited Dispatch Gas Scheduled for delivery during such Day (such quantity of Gas, "Scheduled Dispatch Gas". The quantity of Scheduled Dispatch Gas Scheduled for delivery during a Day shall constitute a portion of the MDFQ. Subject to Section 3.3(b), during each Month Buyer shall take or pay for a quantity of Scheduled Dispatch Gas at least equal to the Minimum Scheduled Dispatch Quantity, unless Seller waives such minimum take requirement.
View Source
Scheduled Dispatch Gas. (i) The price of Scheduled Dispatch Gas received by Buyer each Month shall be equal to the total Scheduled Dispatch Charge for the Month. (A) The Scheduled Dispatch Charge shall equal the sum of (1) the NYMEX settlement price for the delivery Month contract averaged over the last three (3) trading Days of the Month, and (2) a margin of $0.50 per MMBtu (as adjusted pursuant to Section 7.1(b)(i)(C) below) (such sum, the "Index Price"); provided, however, in no event shall the Index Price exceed the Gas Market Price Ceiling (as defined in Section 7.3). (B) The total Scheduled Dispatch Charges that Buyer shall pay to Seller during any Month shall equal the product of (1) the Scheduled Dispatch Charge in effect for such Month, multiplied by (2) the greater of (x) the total quantity of Scheduled Dispatch Gas Buyer receives at the Delivery Point(s) during such Month, and (y) the Minimum Scheduled Dispatch Quantity in effect for such Month. (C) The margin set forth in Section 7.1(b)(i)(A)(2) shall remain in effect for Agreement Years one (1) through five (5). For each Agreement Year thereafter, the margin shall be determined by adding $0.005 per MMBtu to the margin in effect on the last Day of the previous Agreement Year. (ii) Buyer may, by written Notice, request that the pricing methodology set forth in paragraph (i) of this Section 7.1(b) and/or the GMPC be reviewed and revised in the event that the "Commodity Index" under the Power Contract is revised. The Parties shall undertake any such review in good faith. If the Parties are unable to agree on an appropriate revision to such pricing methodology within thirty (30) Days after such revision in the Power Contract is effective, then the review of the pricing methodology set forth in paragraph (i) of this Section 7.1(b) or the GMPC shall be submitted to arbitration pursuant to Article XVIII.
View Source

Related to Scheduled Dispatch Gas

  • Scheduled Downtime For the purposes of this Agreement, Scheduled Downtime will mean those hours, as determined by us but which will not occur between the hours of 9:00 AM and 5:00 PM Eastern Time, Monday through Friday without your authorization or unless exigent circumstances exist, during which time we will perform scheduled maintenance or adjustments to the Environment. We will use our best efforts to provide you with at least twenty-four (24) hours of notice prior to scheduling Scheduled Downtime.

  • Scheduled Outages (a) Commencing at least sixty (60) days before Initial Synchronization and throughout the Delivery Term, Seller shall, no later than January 1, April 1, July 1 and October 1 of each year, submit to SCE, using the Web Client, Seller’s schedule of proposed planned outages (“Outage Schedule”) for the subsequent twenty-four month period. (b) Seller shall provide the following information for each proposed planned outage: (i) Start date and time; (ii) End date and time; and (iii) Capacity online, in MW, during the planned outage. (c) Within thirty (30) days after SCE’s receipt of an Outage Schedule, SCE shall notify Seller in writing of any reasonable request for changes to the Outage Schedule, and Seller shall, consistent with Prudent Electrical Practices, accommodate SCE’s requests regarding the timing of any planned outage. (d) Seller shall cooperate with SCE to arrange and coordinate all Outage Schedules with the CAISO. (e) If a condition occurs at the Generating Facility which causes Seller to revise its planned outages, Seller shall promptly provide Notice to SCE, using the Web Client, of such change (including an estimate of the length of such planned outage) as required in the CAISO Tariff after the condition causing the change becomes known to Seller. (f) Seller shall promptly prepare and provide to SCE upon request, using the Web Client, all reports of actual or forecasted outages that SCE may reasonably require for the purpose of enabling SCE to comply with Section 761.3 of the California Public Utilities Code or any Applicable Law mandating the reporting by investor owned utilities of expected or experienced outages by electric energy generating facilities under contract to supply electric energy.

  • Interconnection Customer Compensation for Actions During Emergency Condition The CAISO shall compensate the Interconnection Customer in accordance with the CAISO Tariff for its provision of real and reactive power and other Emergency Condition services that the Interconnection Customer provides to support the CAISO Controlled Grid during an Emergency Condition in accordance with Article 11.6.

  • Points of Interconnection and Trunk Types 2.1 Point(s) of Interconnection. 2.1.1 Each Party, at its own expense, shall provide transport facilities to the technically feasible Point(s) of Interconnection on Verizon’s network in a LATA selected by Covista.

  • Traffic Measurement and Billing over Interconnection Trunks 6.1 For billing purposes, each Party shall pass Calling Party Number (CPN) information on at least ninety-five percent (95%) of calls carried over the Interconnection Trunks. 6.1.1 As used in this Section 6, “Traffic Rate” means the applicable Reciprocal Compensation Traffic rate, Measured Internet Traffic rate, intrastate Switched Exchange Access Service rate, interstate Switched Exchange Access Service rate, or intrastate/interstate Tandem Transit Traffic rate, as provided in the Pricing Attachment, an applicable Tariff, or, for Measured Internet Traffic, the FCC Internet Order. 6.1.2 If the originating Party passes CPN on ninety-five percent (95%) or more of its calls, the receiving Party shall ▇▇▇▇ the originating Party the Traffic Rate applicable to each relevant minute of traffic for which CPN is passed. For any remaining (up to 5%) calls without CPN information, the receiving Party shall ▇▇▇▇ the originating Party for such traffic at the Traffic Rate applicable to each relevant minute of traffic, in direct proportion to the minutes of use of calls passed with CPN information. 6.1.3 If the originating Party passes CPN on less than ninety-five percent (95%) of its calls and the originating Party chooses to combine Reciprocal Compensation Traffic and Toll Traffic on the same trunk group, the receiving Party shall ▇▇▇▇ the higher of its interstate Switched Exchange Access Service rates or its intrastate Switched Exchange Access Services rates for all traffic that is passed without CPN, unless the Parties agree that other rates should apply to such traffic. 6.2 At such time as a receiving Party has the capability, on an automated basis, to use such CPN to classify traffic delivered over Interconnection Trunks by the other Party by Traffic Rate type (e.g., Reciprocal Compensation Traffic/Measured Internet Traffic, intrastate Switched Exchange Access Service, interstate Switched Exchange Access Service, or intrastate/interstate Tandem Transit Traffic), such receiving Party shall ▇▇▇▇ the originating Party the Traffic Rate applicable to each relevant minute of traffic for which CPN is passed. If the receiving Party lacks the capability, on an automated basis, to use CPN information on an automated basis to classify traffic delivered by the other Party by Traffic Rate type, the originating Party will supply Traffic Factor 1 and Traffic Factor