Common use of SDD Administrative Charge Clause in Contracts

SDD Administrative Charge. Seller shall make a payment to Buyer (the “SDD Administrative Charge”) for each Settlement Interval in a month if Metered Energy (i) exceeds the Performance Tolerance Band Upper Limit or (ii) is less than the Performance Tolerance Band Lower Limit, in any Settlement Interval. The SDD Administrative Charge is calculated as follows: If A > (B + C) or A < (B – C), then: SDD Administrative Charge = (Absolute Value (B – A) – C) x Uninstructed Deviation GMC Rate. Otherwise, the SDD Administrative Charge = 0. [SELLER’S NAME] [BUYER’S NAME] All Notices are deemed provided in accordance with Section 9.07 if made to the address, facsimile numbers or e-mail addresses provided below: All Notices are deemed provided in accordance with Section 9.07 if made to the address, facsimile numbers or e-mail addresses provided below: Contract Sponsor: Attn: Street: City: Phone: Facsimile: E-mail: Reference Numbers: Duns: Federal Tax ID Number:

SDD Administrative Charge. Seller shall make a payment to Buyer (the “SDD Administrative Charge”) for each Settlement Interval in a month if Metered Energy (i) exceeds the Performance Tolerance Band Upper Limit or (ii) is less than the Performance Tolerance Band Lower Limit, in any Settlement Interval. The SDD Administrative Charge is calculated as follows: If A > (B + C) or A < (B – C), then: SDD Administrative Charge = (Absolute Value (B – A) – C) x Uninstructed Deviation GMC Rate. Otherwise, the SDD Administrative Charge = 0. [SELLER’S NAME] [BUYER’S NAME] All Notices are deemed provided in accordance with Section 9.07 9.7 if made to the address, facsimile numbers or e-mail addresses provided below: All Notices are deemed provided in accordance with Section 9.07 9.7 if made to the address, facsimile numbers or e-mail addresses provided below: Contract Sponsor: Attn: Street: City: Phone: Facsimile: E-mail: Reference Numbers: Duns: Federal Tax ID Number: