Start Up Charge Sample Clauses

Start Up Charge. For each Start Up of a Unit pursuant to the --------------- Dispatch of such Unit by Buyer, Seller shall be entitled to a payment of $2500.00 (the "Start Up Charge") in June 1, 1999 dollars. At the beginning of each Contract Year (i.e., January 1), thereafter, the Start Up Charge shall be adjusted by the change in the GDP-IPD from the GDP-IPD value on the previous January 1 (or June 1 in the case of the first Contract Year). Seller shall pay for the gas consumed during any Failed Starts.
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Start Up Charge. Each Tenant shall pay a start-up charge of $100.00. This charge will be paid in full at the end of the first months billing and will be added to the bill.
Sample 1
Start Up Charge. For each Buyer or CAISO dispatch of a Generating Unit, Buyer is required to provide natural gas required for Start-Ups subject to a maximum amount as provided in Appendix 9.4 (“Start-Up Fuel”). Buyer shall also pay Seller the Start-Up Charge set forth in Appendix 9.4 for each Start-Up. All Delivered Energy produced prior to a Generating Unit achieving a Start-Up during the respective start-up cycle shall be for Buyer’s account. If Buyer aborts a start-up before such Generating Unit is released to Buyer for dispatch, then Buyer shall provide any natural gas consumed by such Generating Unit in connection with such aborted start-up, up to the applicable quantity of the Start-Up Fuel. If a Generating Unit is unable to generate or deliver Energy to the Energy Delivery Point after a Start-Up, but before the next scheduled shutdown of such Generating Unit for any reason other than a Force Majeure or a Delivery Excuse, Buyer shall not be responsible for any charges under this Section 9.4 for the next Start-Up. PAYMENT AND BILLING Billing Period. The calendar month shall be the standard period for all payments under this Agreement (other than Termination Payments). As soon as practicable after the end of each month (but no later than ten (10) Business Days after the end of each month), each Party will render to the other Party an invoice for the payment obligations, if any, incurred hereunder during the preceding month, together with all supporting documentation and calculation necessary to evidence all amounts charged thereunder.
Sample 1
Start Up Charge. The CEB shall pay to the Company in arrears each Month the Start-Up Charge (if any) calculated in accordance with Paragraphs 9.4.2, 9.4.4, 9.4.6 and 9.4.8 of Schedule 9 (Capacity Charge and Energy Charge) as applicable.
Sample 1
Start Up Charge. Except with regard to Units 1 and 2 during the --------------- True Up Period, Buyer shall pay to Seller three thousand two hundred fifty dollars ($3,250) adjusted for Escalation for each Successful Start-Up of a Committed Unit. The Start-Up Charge will be paid for each Successful Start-Up and for any cancelled Start-Up in accordance with Section 7(d) (Cancellation of or Change in Dispatch).
Sample 1
Start Up Charge. For each Completed Start, Buyer will pay the “Start-up Charge.” The Start-up Charge (expressed in $ per Completed Start) for each year of the Delivery Term is: Year Start-up Charge 2014 {insert charge in $ per Completed Start} 2015 {insert charge in $ per Completed Start} 2016 {insert charge in $ per Completed Start} {In lieu of a specific Start-up Charge for each year, Bidder may propose (a) a base Start-up Charge expressed as $ per Completed Start applicable to the entire Delivery Term and (b) an annual escalator, which will be either CPI or PPI and will be applied on each anniversary of the start of the Delivery Term. The Start-up Charge will be the base Start-up Charge multiplied by the percentage change in the escalator from the start of the Delivery Term through the applicable anniversary of the start of the Delivery Term on which the annual escalator is applied. If Bidder chooses this option, Bidder should specify its proposed base Start-up Charge (in $ per Completed Start) and whether it elects the CPI or PPI escalator. For this purpose, CPI and PPI have the same meanings as specified in item 11 above.} {The Start-up Charge proposed by Bidder should reflect no more than the actual start charge payable by Seller under any applicable long-term services agreement(s) or other comparable maintenance contract(s) for the combustion turbines at the Facility.} {For dispatch periods greater than 24 hours after a Completed Start, Bidder may, but is not required to, propose an hourly charge (expressed in $ per additional run hour) for each additional hour of run time in excess of 24 hours (or other applicable run-hours based charge in addition to, or in lieu of, the Start-up Charge set forth above) that reflects no more than Seller’s actual cost under any applicable long-term services agreement(s) or other comparable maintenance contract(s) for the combustion turbines at the Facility.} “Completed Start” means a start-up of a combustion turbine at the Facility required to be undertaken solely as a result of an increase in dispatch by Buyer either from 0 MW to positive MW or from less than the minimum permitted dispatch level for a multiple combustion turbine operating configuration to greater than or equal to the minimum permitted dispatch level for such multiple combustion turbine operating configuration, during which start-up (i) an output level to Buyer at the Energy Delivery Point equal to the minimum permitted dispatch level for the dispatched operating co...
Sample 1

Related to Start Up Charge

  • Sales Charge Shares shall be sold by you at net asset value plus a front-end sales charge not in excess of 8.5% of the offering price, but which front-end sales charge shall be proportionately reduced or eliminated for larger sales and under other circumstances, in each case on the basis set forth in the current Prospectus and/or SAI. The redemption proceeds of shares offered and sold at net asset value with or without a front-end sales charge may be subject to a contingent deferred sales charge ("CDSC") under the circumstances described in the current Prospectus and\or SAI. You may reallow such portion of the front-end sales charge to dealers or cause payment (which may exceed the front-end sales charge, if any) of commissions to brokers through which sales are made, as you may determine, and you may pay such amounts to dealers and brokers on sales of shares from your own resources (such dealers and brokers shall collectively include all domestic or foreign institutions eligible to offer and sell the Shares), and in the event the Fund has more than one Series or class of Shares outstanding, then you may impose a front-end sales charge and/or a CDSC on Shares of one Series or one class that is different from the charges imposed on Shares of the Fund's other Series or class(es), in each case as set forth in the current Prospectus and/or SAI, provided the front-end sales charge and CDSC to the ultimate purchaser do not exceed the respective levels set forth for such category of purchaser in the current Prospectus and/or SAI.

  • Late Payment Charge If any principal, interest or any other sums due under the Loan Documents (including the amounts due on the Maturity Date) are not paid by Borrower on or prior to the date on which it is due, Borrower shall pay to Lender upon demand an amount equal to the lesser of five percent (5%) of such unpaid sum or the Maximum Legal Rate in order to defray the expense incurred by Lender in handling and processing such delinquent payment and to compensate Lender for the loss of the use of such delinquent payment. Any such amount shall be secured by the Mortgage and the other Loan Documents to the extent permitted by applicable law.

  • Payment of Charges All amounts chargeable to Borrower under Section 6 hereof shall be Obligations secured by all of the Collateral, shall be payable on demand and shall bear interest from the date such advance was made until paid in full at the rate applicable to Revolving Credit Loans from time to time.

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