THIRD PARTY MONTHLY. LIMITED TERM POWER (FIRM) -- For any month that Monthly Limited Term Power (Firm) is reserved from a Third Party by the supplying party for and at the request of the receiving party, such Monthly Limited Term Power (Firm) shall be supplied at the rate of up to $1.28 per kilowatt reserved per month plus the demand charge paid therefore by the supplying party to the Third Party. In the event the amount of Monthly Limited Term Power (Firm) reserved from a Third Party is reduced upon the request of the Third Party, the demand charge for each day during which such reduction is in effect shall be reduced by the amount by which the demand charge payable by the supplying party is reduced under its Agreement with such Third Party plus, one-thirtieth (1/30) of the rate per kilowatt agreed upon under this paragraph for each kilowatt of reduction per day, but not more than the rate agreed upon for each kilowatt per month. 3.2 The reserving party shall pay the supplying party for all Monthly Limited Term Energy (Firm) delivered at the following rates:
Appears in 5 contracts
Samples: Interconnection Agreement (Ipalco Enterprises, Inc.), Interconnection Agreement (Indianapolis Power & Light Co), Interconnection Agreement (Indianapolis Power & Light Co)
