Common use of Seller’s Annual Shortfall Payment Calculation Clause in Contracts

Seller’s Annual Shortfall Payment Calculation. The Lost Output amount that shall be used in the Seller’s Annual Shortfall Payment calculation, set forth in Exhibit F, shall be the amount calculated after the twelfth (12th) month of the Facility Term Year using the Generating Facility Power Curve derived for each Facility Term Year for which the Lost Output is being calculated.

Appears in 7 contracts

Samples: Generating Facility Power Purchase and Sale Agreement, Generating Facility Power Purchase and Sale Agreement, Generating Facility Power Purchase and Sale Agreement

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