Tariff Structures Sample Clauses

Tariff Structures. The tariff is one of the most important aspects of any PPA. When used in this chapter, the term tariff is understood to include a few components. First, it encompasses the actual price that the offtaker pays to the project company for capacity made available and/or energy generated. The currency unit used is usually determined by regulation, availability of foreign currency, the currency of the EPC agreement, or the currency in which the loans are denominated. The tariff also includes the broader set of terms and conditions that surround the price. These other terms determine the amount of money the offtaker will pay to the project company each month. This section will explain:
Sample 1
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Tariff Structures generated using the renewable resource when and to the extent that resource is available or (in the absence of any storage capacity associated with the plant (see the storage case study in Bankability section) the energy will be lost). Although storage may help deal with intermittency, it will not make renewable power dispatchable (because of the remaining risk that adverse weather conditions will persist beyond the storage system capacity). As a result of this defining characteristic, very different tariff structures are used for dispatchable and non-dispatchable technologies. The two sections below describe the two different types of tariff structures that are commonly used in connection with dispatchable and non-dispatchable technologies.
Sample 1
Tariff Structures. The Capacity Charge is sized to enable the project company to earn revenues under the PPA that are sufficient to enable the project company to:
Sample 1
Tariff Structures. It is also useful to note that in the event that the project company is not able to make capacity available due to risks that the offtaker has agreed to bear, then the capacity will be deemed to be available to the offtaker. Examples of such risks include risks related to the availability of the transmission system to take energy from the power plant, the availability of fuel (if the offtaker is responsible for providing fuel), and political force majeure events. The illustration below shows the principal components that make up a Base Capacity Charge and shows (in general terms) the relative size of each such component at the beginning of the term of a PPA. During later years of the term, the interest on project loans component will decrease (assuming straigh-line amortization). This decrease is offset by increases to the repayment of project loans and redemption of and return on equity components.
Sample 1

Related to Tariff Structures

  • BUILDINGS AND STRUCTURES 1. Repair or retrofit of buildings less than 45 years old.

  • PRICING STRUCTURES Licenses and Support Services for the Licensed Programs to which this OST applies are granted according to the pricing structures mentioned in the related Transaction Document. Standard pricing structures are defined in the section “DEFINITIONS” of this OST, even though those pricing structures may not be applicable to the DS Offerings to which this OST applies. Other pricing structures may be made available on a case-by-case basis.

  • Other Structures You may use up to 10% of the Coverage A limit of liability for loss by a Peril Insured Against to other structures described in Coverage B. This coverage is additional insurance.

  • Structures Airport facilities such as bridges; culverts; catch basins, inlets, retaining walls, cribbing; storm and sanitary sewer lines; water lines; underdrains; electrical ducts, manholes, handholes, lighting fixtures and bases; transformers; flexible and rigid pavements; navigational aids; buildings; vaults; and, other manmade features of the airport that may be encountered in the work and not otherwise classified herein. 10-50 SUBGRADE. The soil which forms the pavement foundation.

  • Organizational Structure The ISO will be governed by a ten (10) person unaffiliated Board of Directors, as per Article 5 herein. The day-to-day operation of the ISO will be managed by a President, who will serve as an ex-officio member of the ISO Board, in accordance with Article 5 herein. There shall be a Management Committee as per Article 7 herein, which shall report to the ISO Board, and shall be comprised of all Parties to the Agreement. There shall be at least two additional standing committees, the Operating Committee, as provided for in Article 8, and the Business Issues Committee, as provided for in Article 9, both of which shall report to the Management Committee. A Dispute Resolution Process will be established and administered by the ISO Board in accordance with Article 10.

  • Governance Structure The Academy shall be organized and administered as a Michigan nonprofit corporation under the direction of the Academy Board and pursuant to the governance structure as set forth in the Bylaws. The Academy’s Board of Directors shall meet monthly unless another schedule is mutually agreed upon by the President and the Academy. The Academy shall not delegate this duty of organization and administration of the Academy without the express affirmative consent of the University.

  • Management Structure Describe the overall management approach toward planning and implementing the contract. Include an organization chart for the management of the contract, if awarded. 3.2

  • Framework Management Structure 2.1.1 The Supplier shall provide a suitably qualified nominated contact (the “Supplier Framework Manager”) who will take overall responsibility for delivering the Goods and/or Services required within this Framework Agreement, as well as a suitably qualified deputy to act in their absence.

  • Agreement Structure 2.1 An “Agreement” hereunder shall consist of this Master Agreement, the Schedule, and their applicable attachments and represents the complete and exclusive agreement between the Parties regarding the subject matter of the Schedule, and replaces any prior oral or written communications between the Parties relating thereto. Each Lease is effective when the Schedule containing such Lease is executed by the Parties thereto.

  • General structure The General Assembly is the decision-making body of the consortium The Coordinator is the legal entity acting as the intermediary between the Parties and the Funding Authority. The Coordinator shall, in addition to its responsibilities as a Party, perform the tasks assigned to it as described in the Grant Agreement and this Consortium Agreement. [Option: The Management Support Team assists the General Assembly and the Coordinator.]

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