Common use of Storage Energy Scheduling Clause in Contracts

Storage Energy Scheduling. (a) Subject to the requirements and limitations set forth in this Agreement, including the Storage Operating Procedures, Buyer will have the right to charge the Storage Facility seven (7) days per week and twenty-four (24) hours per day (including holidays), by providing Charging Notices to Seller electronically. Each Charging Notice will be effective unless and until Buyer modifies such Charging Notice by providing Seller with an updated Charging Notice. (b) Seller shall not charge the Storage Facility during the Delivery Term other than pursuant to a Charging Notice, the Storage Operating Procedures, or in connection with a Storage Capacity Test. If, during the Delivery Term, Seller (i) charges the Storage Facility to a Stored Energy Level greater than the Stored Energy Level provided for in the Charging Notice or Storage Operating Procedures or (ii) except as permitted under the Storage Operating Procedures, charges the Storage Facility without Buyer providing a Charging Notice (such energy so charged, “Excess Charging Energy”), then, notwithstanding any provision to the contrary contained in this Agreement: (A) Seller shall be responsible for all costs and expenses associated with such Excess Charging Energy; (B) Buyer shall not be required to pay for such Excess Charging Energy; and

Appears in 12 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Storage Energy Scheduling. (a) Subject to the requirements and limitations set forth in this Agreement, including the Storage Operating Procedures, Buyer will have the right to charge the Storage Facility seven (7) days per week and twenty-four (24) hours per day (including holidays), by providing Charging Notices to Seller electronically. Each Charging Notice will be effective unless and until Buyer modifies such Charging Notice by providing Seller with an updated Charging Notice. (b) Seller shall not charge the Storage Facility during the Delivery Term other than pursuant to a Charging Notice, the Storage Operating Procedures, or in connection with a Storage Capacity Test. If, during the Delivery Term, Seller (i) charges the Storage Facility to a Stored Energy Level greater than the Stored Energy Level provided for in the Charging Notice or Storage Operating Procedures or (ii) except as permitted under the Storage Operating Procedures, charges the Storage Facility without Buyer providing a Charging Notice (such energy so charged, “Excess Charging Energy”), then, then notwithstanding any provision to the contrary contained in this Agreement: (A) Seller shall be responsible for all costs and expenses associated with such Excess Charging Energy; (B) Buyer shall not be required to pay for such Excess Charging Energy; and

Appears in 1 contract

Samples: Power Purchase Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!