Common use of STIPULATED AMOUNT DEFINED Clause in Contracts

STIPULATED AMOUNT DEFINED. The "Stipulated Amount" is the principal amount deemed to be owed, for settlement purposes, by EDISON to SELLER for energy (as calculated pursuant to D.96-12-028 as it was in effect prior to March 27, 2001, or by suxx xxxxx formula, if any, as provided in the Contract) and capacity delivered by SELLER to EDISON during the period November 1, 2000 through and including March 26, 2001 pursuant to the Contract, less any amounts owed to EDISON by SELLER under the Contract or otherwise. Prior to the payment by EDISON to SELLER of the Final Payment Amount, as defined in Section 3.2.5, the Stipulated Amount shall be deemed provisional only and shall be used only for the purpose of calculating interest payments made pursuant to Section 3.2.2, the Initial Partial Payment and the Second Partial Payment, as defined in Section 3.2.3, and the Final Payment Amount, as defined in Section 3.2.5, and shall not be relied upon by the Parties for any other purpose whatsoever, including introduction of the Stipulated Amount, this Agreement or any Commission decision either approving or disapproving this Agreement (or any standard form agreement upon which this Agreement is based) as evidence in the Litigation [if applicable] or in any other legal or regulatory proceeding of the amount owed by EDISON to SELLER with respect to energy and capacity delivered by SELLER to EDISON during the period November 1, 2000 through March 26, 2001.

Appears in 7 contracts

Samples: 4 Agreement (Ce Generation LLC), 2 Agreement (Niguel Energy Co), 3 Agreement (Niguel Energy Co)

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STIPULATED AMOUNT DEFINED. The "Stipulated Amount" is the principal amount deemed to be owed, for settlement purposes, by EDISON to SELLER for energy (as calculated pursuant to D.96-12-028 as it was in effect prior to March 27, 2001, or by suxx such xxxxx formulaxxrmula, if any, as provided in the Contract) and capacity delivered by SELLER to EDISON during the period November 1, 2000 through and including March 26, 2001 pursuant to the Contract, less any amounts owed to EDISON by SELLER under the Contract or otherwise. Prior to the payment by EDISON to SELLER of the Final Payment Amount, as defined in Section 3.2.5, the Stipulated Amount shall be deemed provisional only and shall be used only for the purpose of calculating interest payments made pursuant to Section 3.2.2, the Initial Partial Payment and the Second Partial Payment, as defined in Section 3.2.3, and the Final Payment Amount, as defined in Section 3.2.5, and shall not be relied upon by the Parties for any other purpose whatsoever, including introduction of the Stipulated Amount, this Agreement or any Commission decision either approving or disapproving this Agreement (or any standard form agreement upon which this Agreement is based) as evidence in the Litigation [if applicable] or in any other legal or regulatory proceeding of the amount owed by EDISON to SELLER with respect to energy and capacity delivered by SELLER to EDISON during the period November 1, 2000 through March 26, 2001.

Appears in 2 contracts

Samples: Zond Windsystem Partners LTD Series 85-A, Zond Windsystem Partners LTD Series 85-B

STIPULATED AMOUNT DEFINED. The "Stipulated Amount" is the principal amount deemed to be owed, for settlement purposes, by EDISON to SELLER for energy (as calculated pursuant to D.96-12-028 as it was in effect prior to March 27, 2001, or by suxx sxxx xxxxx formula, if any, as provided in the Contract) and capacity delivered by SELLER to EDISON during the period November 1, 2000 through and including March 26, 2001 pursuant to the Contract, less any amounts owed to EDISON by SELLER under the Contract or otherwise. Prior to the payment by EDISON to SELLER of the Final Payment Amount, as defined in Section 3.2.5, the Stipulated Amount shall be deemed provisional only and shall be used only for the purpose of calculating interest payments made pursuant to Section 3.2.2, the Initial Partial Payment and the Second Partial Payment, as defined in Section 3.2.3, and the Final Payment Amount, as defined in Section 3.2.5, and shall not be relied upon by the Parties for any other purpose whatsoever, including introduction of the Stipulated Amount, this Agreement or any Commission decision either approving or disapproving this Agreement (or any standard form agreement upon which this Agreement is based) as evidence in the Litigation [if applicable] or in any other legal or regulatory proceeding of the amount owed by EDISON to SELLER with respect to energy and capacity delivered by SELLER to EDISON during the period November 1, 2000 through March 26, 2001.

Appears in 1 contract

Samples: Zond Windsystem Partners LTD Series 85-A

STIPULATED AMOUNT DEFINED. The "Stipulated Amount" is the principal amount deemed to be owed, for settlement purposes, by EDISON to SELLER for energy (as calculated pursuant to D.96D.00-1200-028 000 as it was in effect prior to March 27, 2001, or by suxx xxxxx such other formula, if any, as provided in the Contract) and capacity delivered by SELLER to EDISON during the period November 1, 2000 through and including March 26, 2001 pursuant to the Contract, less any amounts owed to EDISON by SELLER under the Contract or otherwise. Prior to the payment by EDISON to SELLER of the Final Payment Amount, as defined in Section 3.2.5, the Stipulated Amount shall be deemed provisional only and shall be used only for the purpose of calculating interest payments made pursuant to Section 3.2.2, the Initial Partial Payment and the Second Partial Payment, as defined in Section 3.2.3, and the Final Payment Amount, as defined in Section 3.2.5, and shall not be relied upon by the Parties for any other purpose whatsoever, including introduction of the Stipulated Amount, this Agreement or any Commission decision either approving or disapproving this Agreement (or any standard form agreement upon which this Agreement is based) as evidence in the Litigation [if applicable] or in any other legal or regulatory proceeding of the amount owed by EDISON to SELLER with respect to energy and capacity delivered by SELLER to EDISON during the period November 1, 2000 through March 26, 2001.

Appears in 1 contract

Samples: Agreement Addressing Renewable (Ormat Technologies, Inc.)

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STIPULATED AMOUNT DEFINED. The "Stipulated Amount" is the principal amount deemed to be owed, for settlement purposes, by EDISON to SELLER for energy (as calculated pursuant to D.96-12-028 as it was in effect prior to March 27, 2001, or by suxx such xxxxx formulaxxxmula, if any, as provided in the Contract) and capacity delivered by SELLER to EDISON during the period November 1, 2000 through and including March 26, 2001 pursuant to the Contract, less any amounts owed to EDISON by SELLER under the Contract or otherwise. Prior to the payment by EDISON to SELLER of the Final Payment Amount, as defined in Section 3.2.5, the Stipulated Amount shall be deemed provisional only and shall be used only for the purpose of calculating interest payments made pursuant to Section 3.2.2, the Initial Partial Payment and the Second Partial Payment, as defined in Section 3.2.3, and the Final Payment Amount, as defined in Section 3.2.5, and shall not be relied upon by the Parties for any other purpose whatsoever, including introduction of the Stipulated Amount, this Agreement or any Commission decision either approving or disapproving this Agreement (or any standard form agreement upon which this Agreement is based) as evidence in the Litigation [if applicable] or in any other legal or regulatory proceeding of the amount owed by EDISON to SELLER with respect to energy and capacity delivered by SELLER to EDISON during the period November 1, 2000 through March 26, 2001.

Appears in 1 contract

Samples: Zond Windsystem Partners LTD Series 85-B

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