Total Monthly Costs Sample Clauses

Total Monthly Costs. Shall consist of all of SCPPA’s costs resulting from SCPPA’s contracting for, providing for, accommodating, and facilitating the Project, including costs arising under the Power Purchase Agreement or other Project Agreements. Total Monthly Costs shall, as applicable, also consist of (i) the Delivery Point Energy Cost Component (described in Section 4.3.1), (ii) the Power Purchase Agreement General and Administrative Cost Component (described in Section 4.3.2), (iii) a Reserve Fund Cost Component (described in Section 4.3.3), and (iv) a Supplementary Services Cost Component to the extent SCPPA incurs such cost (described in Section 4.3.4), and Total Monthly Costs shall include, but not be limited to, the items of cost and expense referred to in the Power Purchase Agreement and this Section 4.2 that are accrued or paid by SCPPA during each Month of each Power Supply Year. In the event any Power Supply Year shall consist of fewer than twelve Months, the fraction set forth in Section 4.3.2 shall be adjusted accordingly and, in the event of any revision of the Annual Budget after the commencement of any Power Supply Year, the amount determined pursuant to Section 4.3.2 shall be appropriately adjusted so that any increase or decrease in the portion of the Annual Budget applicable to Section
AutoNDA by SimpleDocs
Total Monthly Costs. All of SCPPA’s costs resulting from SCPPA’s contracting for, providing for, accommodating, acquiring, and facilitating the Project, and from its administration, operation and maintenance of and renewal or replacement of any rights of the Project or other element or component of the Project, including costs arising under the Power Purchase Agreement. SCPPA shall apply, as a credit against Total Monthly Costs, any receipts, revenues and other moneys received in excess of SCPPA’s needs for the purpose of carrying forth the Project. Total Monthly Costs shall consist of (i) an Operating Cost Component (described in Section 4.7.1), (ii) a Supplementary Services Cost Component to the extent SCPPA incurs such costs (described in Section 4.7.2), and
Total Monthly Costs. “Total Monthly Costs” has the meaning described in Section 4.7.
Total Monthly Costs. All of SCPPA’s costs to the extent not paid from the proceeds of Bonds, certificates of participation, commercial paper, notes or other evidences of indebtedness issued in anticipation of Bonds, resulting from SCPPA’s contracting for, providing for, accommodating, acquiring, and facilitating the Project, and from its administration, ownership, operation and maintenance of and renewal and replacement of any facility, service or other element or component of the Project, including costs arising under any of the Power Purchase and Security Agreements or other Project Agreements. SCPPA shall apply, as a credit against Total Monthly Costs, any receipts, revenues and other moneys received by SCPPA from surplus equipment, materials, supplies or assets relating to the Project sold prior to the date of Commercial Operation for the benefit of SCPPA (not otherwise applied as a credit against the Cost of Acquisition as provided in Section 4.4) and any other amounts to be so applied as provided in the Indenture. Total Monthly Costs shall, as applicable, consist of (i) the Operating cost component (described in Section 4.9.1), (ii) the Delivery Point Output cost component (described in Section 4.8.1), (iii) the Transmission Services cost component (described in Section 4.9.2), (iv) the PPA General and Administrative cost component (described in Section 4.8.2), (v) the Ownership General and Administrative cost component (described in Section 4.9.3), (vi) a Reserve Fund cost component (described in Sections 4.8.3 and 4.9.4, (vii) the Indenture cost component (described in Section 4.9.5), and (viii) a Supplementary Services cost component to the extent SCPPA incurs such cost (described in Sections 4.8.4 and 4.9.6), and Total Monthly Costs shall include, but not be limited to, the items of cost and expense referred to in the Power Purchase and Security Agreements, the Ownership Participation and Related Agreements and this Section 4.7 that are accrued or paid by SCPPA during each Month of each Power Supply Year. In the event any Power Supply Year shall consist of fewer than twelve Months, the fraction set forth in Sections 4.8.2, 4.9.1, 4.9.3 and 4.9.5(b) shall be adjusted accordingly and, in the event of any revision of the Annual Budget after the commencement of any Power Supply Year, the amount determined pursuant to said Sections shall be appropriately adjusted so that any increase or decrease in the portion of the Annual Budget applicable to said Sections shall be even...
Total Monthly Costs. “Total Monthly Costs” has the meaning described in Section 4.7. 118. Transmission Services cost component. “Transmission Services cost component” is defined in Section 4.9.2.
Total Monthly Costs. Shall consist of all, of SCPPA’s costs resulting from SCPPA’s contracting for, providing for, accommodating, and facilitating the Project, including costs arising under the Power Purchase Agreement or other Project Agreements. Total Monthly Costs shall, as applicable, also consist of (i) the Delivery Point Output Cost Component (described in Section 4.3.1), (ii) the Power Purchase Agreement General and Administrative Cost Component (described in Section 4.3.2), (iii) a Reserve Fund Cost Component (described in Section 4.3.3), and (iv) a Supplementary Services Cost Component to the extent SCPPA incurs such cost (described in Section 4.3.4), and Total Monthly Costs shall include, but not be limited to, the items of cost and expense referred to in the Power Purchase Agreement and this Section 4.2 that are accrued or paid by SCPPA during each Month of each Power Supply Year. Total Monthly Costs shall not include any Special Environmental Liability, except that in the event that the SEL Cap shall occur with respect to the Power Purchase Provider's aggregate liability and payment of Special Environmental Liability and the Power Purchase Provider provides the SEL Payment Notice under Section 11.8 of the Power Purchase Agreement, any Special Environmental Liability that SCPPA is obligated to pay shall thereafter constitute Total Monthly Costs. In addition, if the Power Purchase Provider shall fail to provide SCPPA with any reimbursement ! with respect to Special Environmental Liability that is payable to Purchaser as provided under Section 9.6 of this Agreement, SCPPA shall take action to enforce payment of such reimbursement by the Power Purchase Provider; and upon payment by the Power Purchase Provider of such overdue reimbursement, SCPPA shall provide Purchaser with the amount of such overdue reimbursement payment by the Power Purchase Provider. In the event any Power Supply Year shall consist of fewer than twelve Months, the fraction set forth in Section 4.3.2 shall be adjusted accordingly and, in the event of any revision of the Annual Budget . after the commencement of any Power Supply Year, the amount determined 36119880.2 36069605.2 3 pursuant to Section 4.3.2 shall be appropriately adjusted so that any increase or decrease in the portion of the Annual Budget applicable to Section 4.3.2 shall be evenly apportioned over the remaining Months of such Power Supply Year.
Total Monthly Costs. Section 4.2.
AutoNDA by SimpleDocs

Related to Total Monthly Costs

  • Monthly Charges Purchaser shall pay Seller monthly for the electric energy generated by the System and delivered to the Delivery Point at the $/kWh rate shown in Exhibit 1 (the “Contract Price”). The monthly payment for such energy will be equal to the applicable $/kWh rate multiplied by the number of kWh of energy generated during the applicable month, as measured by the System meter.

  • Monthly Billing The electric service charge shall be computed in accordance with the monthly billing in the applicable standard service tariff. Customers receiving electric service under residential and small nonresidential schedules 1, 2, 3, 15, 23 or 23B shall be financially credited for such net energy with a cumulative kilowatt-hour credit. The credit will be deducted from the customer’s kilowatt-hour usage on the customer’s next monthly bill thus offsetting the customer’s next monthly bill at the full retail rate of the customer’s rate schedule. Customers receiving electric service under large nonresidential schedules 6, 6A, 6B, 8 or 10 must elect a compensation method to receive cumulative credits for the upcoming annualized billing period from one of the following options (large nonresidential customers must initial desired credit election): an average energy price, a seasonally differentiated energy price, or an average retail rate.

  • Recover Copying Costs The Participating Institutions may impose a reasonable fee on the Authorized Users to cover costs of copying or printing portions of the Licensed Materials by or for the Authorized Users.

  • CAISO Monthly Billed Fuel Cost [for Geysers Main only] The CAISO Monthly Billed Fuel Cost is given by Equation C2-1. CAISO Monthly Billed Fuel Cost Equation C2-1 = Billable MWh ◆ Steam Price ($/MWh) Where: • Steam Price is $16.34/MWh. • For purposes of Equation C2-1, Billable MWh is all Billable MWh Delivered after cumulative Hourly Metered Total Net Generation during the Contract Year from all Units exceeds the Minimum Annual Generation given by Equation C2-2. Equation C2-2 Minimum Annual Generation = (Annual Average Field Capacity ◆ 8760 hours ◆ 0.4) - (A+B+C) Where: • Annual Average Field Capacity is the arithmetic average of the two Field Capacities in MW for each Contract Year, determined as described below. Field Capacity shall be determined for each six-month period from July 1 through December 31 of the preceding calendar year and January 1 through June 30 of the Contract Year. Field Capacity shall be the average of the five highest amounts of net generation (in MWh) simultaneously achieved by all Units during eight-hour periods within the six-month period. The capacity simultaneously achieved by all Units during each eight-hour period shall be the sum of Hourly Metered Total Net Generation for all Units during such eight-hour period, divided by eight hours. Such eight-hour periods shall not overlap or be counted more than once but may be consecutive. Within 30 days after the end of each six-month period, Owner shall provide CAISO and the Responsible Utility with its determination of Field Capacity, including all information necessary to validate that determination. • A is the amount of Energy that cannot be produced (as defined below) due to the curtailment of a Unit during a test of the Facility, a Unit or the steam field agreed to by CAISO and Owner. • B is the amount of Energy that cannot be produced (as defined below) due to the retirement of a Unit or due to a Unit’s Availability remaining at zero after a period of ten Months during which the Unit’s Availability has been zero. • C is the amount of Energy that cannot be produced (as defined below) because a Force Majeure Event reduces a Unit’s Availability to zero for at least thirty (30) days or because a Force Majeure Event reduces a Unit’s Availability for at least one hundred eighty (180) days to a level below the Unit Availability Limit immediately prior to the Force Majeure Event. • The amount of Energy that cannot be produced is the sum, for each Settlement Period during which the condition applicable to A, B or C above exists, of the difference between the Unit Availability Limit immediately prior to the condition and the Unit Availability Limit during the condition.

  • Reimbursable Expenses; Maximum Total Payment; Invoicing District will make no payment until this Contract is fully executed by the authorized representatives of both parties.

  • Direct Expenses 1. Fees and expenses of its directors (including the fees of those directors who are deemed to be "interested persons" of the Fund as that term is defined in the Investment Company Act of 1940) and the meetings thereof;

  • Contract Quarterly Sales Reports The Contractor shall submit complete Quarterly Sales Reports to the Department’s Contract Manager within 30 calendar days after the close of each State fiscal quarter (the State’s fiscal quarters close on September 30, December 31, March 31, and June 30). Reports must be submitted in MS Excel using the DMS Quarterly Sales Report Format, which can be accessed at xxxxx://xxx.xxx.xxxxxxxxx.xxx/business_operations/ state_purchasing/vendor_resources/quarterly_sales_report_format. Initiation and submission of the most recent version of the Quarterly Sales Report posted on the DMS website is the responsibility of the Contractor without prompting or notification from the Department’s Contract Manager. If no orders are received during the quarter, the Contractor must email the DMS Contract Manager confirming there was no activity.

  • Monthly Statement The Contractor shall submit a statement to the Engineer at the end of each month, in a tabulated form approved by the Engineer, showing the amounts to which the Contractor considers himself to be entitled. The statement shall include the following items, as applicable; - the value of the Permanent Work executed up to the end of previous month - such an amount (not exceeding 75 percent of the value) as the Engineer may consider proper on account of materials for permanent work delivered by the Contractor in the site - such amount as the Engineer may consider fair and reasonable for any Temporary Works for which separate amounts are provided in the Bill of Quantities - adjustments under Clause 70 - any amount to be withheld under retention provisions of Sub-clause 60.3 - any other sum to which the Contractor may be entitled under the Contract If the Engineer disagrees with or cannot verify any part of the statement, the Contractor shall submit such further information as the Engineer may reasonably require and shall make such changes and corrections in the statement as may be directed by the Engineer. In cases where there is difference in opinion as to the value of any item, the Engineer’s view shall prevail.

  • Gross Revenue 16.1.1 For the purposes of this PPP Agreement and its Schedules, Gross Revenue shall be defined as:

  • MINIMUM MONTHLY PAYMENT We will mail you a statement every month if your account has a balance. You agree that you will pay each month not less than the minimum monthly payment by the payment due date. The minimum monthly payment will be 3.0% for Classic accounts or 2% for Platinum accounts of your outstanding balance (“New Balance”) or $25.00, whichever is greater. If your outstanding balance is $25.00 or less, you agree to pay the balance in full. You may pay in full for all your purchases and cash advances each month, or you may repay in monthly installments. We can accept late payments or partial payments, or checks, drafts, or money orders marked “payment in full” without prejudice to our rights under this Agreement, which are hereby explicitly reserved. A credit posting from a merchant or reversal of fees do not constitute a minimum payment. The minimum monthly payment may be allocated at the Credit Union’s discretion to pay off lower rate balances, such as promotional offers, before higher rate balances, such as cash advances or purchases. Payments in excess of the minimum monthly payment will be allocated first to higher rate balances, as applicable. From time to time, we may allow you to skip your minimum monthly payment due. If you choose to skip that payment, Finance Charges will continue to accrue in accordance with this Agreement. Payments received at: Rogue Credit Union, XX Xxx 0000, Xxxxxxx, XX 00000 on or before 5:00 PM Pacific Time on any business day will be credited to your Account as of that date; payments received by mail at that address after 5:00 PM Pacific Time or on a weekend will be posted to your Account as of the next business day. Payment crediting to your Account may be delayed up to five days if your payment is received by mail at any other address or not accompanied by the remittance portion of your Account statement.

Time is Money Join Law Insider Premium to draft better contracts faster.