Common use of Summer Period Clause in Contracts

Summer Period. For each month in the Summer Period, the ------------- Availability Adjustment shall equal the sum of (a) the Availability Adjustment for the Super Peak Hours plus (b) the greater of zero and the Availability Adjustment for the Partial Peak Hours where: (i) the Availability Adjustment for Super Peak Hours is the product of (a) the sum of the monthly Capacity Charges (before application of the Availability Adjustment) for the applicable Contract Year and (b) the applicable Monthly Adjustment Factor and (c) 75% and (d) the Guaranteed Summer Super Peak Availability less the actual Equivalent Availability for Super Peak Hours during such month; and (ii) the Availability Adjustment for Partial Peak Hours is the product of (a) the sum of the monthly Capacity Charges (before application of the Availability Adjustment) for the applicable Contract Year and (b) the applicable Monthly Adjustment Factor and (c) 25% and (d) the Guaranteed Summer Partial Peak Availability less the actual Equivalent Availability for Partial Peak Hours during such month. (iii) for purposes of the calculations in subsections (i) and (ii) above and Section

Summer Period. For each month in the Summer Period, the ------------- Availability Adjustment shall equal the sum of (a) the Availability Adjustment for the Super Peak Hours plus (b) the greater of zero and the Availability Adjustment for the Partial Peak Hours where: (i) the Availability Adjustment for Super Peak Hours is the product of (a) the sum of the monthly Capacity Charges (before application of the Availability Adjustment) for the applicable Contract Year and (b) the applicable Monthly Adjustment Factor and (c) 75% and (d) the Guaranteed Summer Super Peak Availability less the actual Equivalent Availability for Super Peak Hours during such month; and (ii) the Availability Adjustment for Partial Peak Hours is the product of (a) the sum of the monthly Capacity Charges (before application of the Availability Adjustment) for the applicable Contract Year and (b) the applicable Monthly Adjustment Factor and (c) 25% and (d) the Guaranteed Summer Partial Peak Availability less the actual Equivalent Availability for Partial Peak Hours during such month. (iii) for purposes of the calculations in subsections (i) and (ii) above and SectionSection 7.1.

Summer Period. For each month in the Summer Period, the ------------- Availability Adjustment shall equal the sum of (a) the Availability Adjustment for the Super Peak Hours plus (b) the greater of zero and the Availability Adjustment for the Partial Peak Hours where: (i) the Availability Adjustment for Super Peak Hours is the product of (a) the sum of the monthly Capacity Charges (before application of the Availability Adjustment) for the applicable Contract Year and (b) the applicable Monthly Adjustment Factor and (c) 75% and (d) the Guaranteed Summer Super Peak Availability less the actual Equivalent Availability for Super Peak Hours during such month; and (ii) the Availability Adjustment for Partial Peak Hours is the product of (a) the sum of the monthly Capacity Charges (before application of the Availability Adjustment) for the applicable Contract Year and (b) the applicable Monthly Adjustment Factor and (c) 25% and (d) the Guaranteed Summer Partial Peak Availability less the actual Equivalent Availability for Partial Peak Hours during such month. (iii) for purposes of the calculations in subsections (i) and (ii) above and SectionSection 7.1.3.4 only, in the first Contract Year, the first Contract Year shall be deemed to be from July 1, 2001 through May 31, 2002.

Summer Period. For each month in the Summer Period, the ------------- Availability Adjustment shall equal the sum of (a) the Availability Adjustment for the Super Peak Hours plus (b) the greater of zero and the Availability Adjustment for the Partial Peak Hours where: (i) the Availability Adjustment for Super Peak Hours is the product of (a) the sum of the monthly Capacity Charges (before application of the Availability Adjustment) for the applicable Contract Year and (b) the applicable Monthly Adjustment Factor and (c) 75% and (d) the Guaranteed Summer Super Peak Availability less the actual Equivalent Availability for Super Peak Hours during such month; and (ii) the Availability Adjustment for Partial Peak Hours is the product of (a) the sum of the monthly Capacity Charges (before application of the Availability Adjustment) for the applicable Contract Year and (b) the applicable Monthly Adjustment Factor and (c) 25% and (d) the Guaranteed Summer Partial Peak Availability less the actual Equivalent Availability for Partial Peak Hours during such month. (iii) for purposes of the calculations in subsections (i) and (ii) above and SectionSection 7.1.3.4 only, in the first Contract Year, the first Contract Year shall be deemed to be from June 1, 2001 through May 31, 2002.