Common use of True-Up Adjustments Clause in Contracts

True-Up Adjustments. NYSERDA may adjust payments to subsequent invoices consistent with NYISO or other control-area billing settlement true-up procedures, based on actual metered production data reflecting deliveries to the Delivery Point.

Appears in 9 contracts

Samples: RPS Standard Form Contract, RPS Standard Form Contract (Noble Environmental Power LLC), RPS Standard Form Contract (Noble Environmental Power LLC)

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True-Up Adjustments. NYSERDA may adjust adjust, including by means of set-off, payments to subsequent invoices consistent with adjustments by NYGATS based on NYISO or other control-local control area billing settlement true-up procedures, based on actual metered production data reflecting deliveries to measured at the Injection Point or Delivery Point, actual and verified data reflecting compliance with the electricity delivery requirements set forth in Article III, and/or based on the number of ORECs transferred.

Appears in 1 contract

Samples: Offshore Wind Renewable Energy Certificate Purchase and Sale Agreement

True-Up Adjustments. NYSERDA may adjust payments to subsequent invoices consistent with adjustments by NYGATS pursuant to its Operating Rules based on NYISO or other control-local control area billing settlement true-up procedures, based on actual metered production data measured at the Injection Point, actual and verified data reflecting deliveries to compliance with the Bid Facility Electricity Delivery PointRequirements, and/or based on the number of Tier-1 Renewable Energy Certificates Transferred.

Appears in 1 contract

Samples: Renewable Energy Standard Agreement

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True-Up Adjustments. NYSERDA may adjust payments to subsequent invoices consistent with adjustments by NYGATS pursuant to its Operating Rules based on NYISO or other control-local control area billing settlement true-up procedures, based on actual metered production data measured at the Injection Point, actual and verified data reflecting deliveries to compliance with the Bid Facility Electricity Delivery PointRequirements, and/or based on the number of Tier-2 Renewable Energy Certificates Transferred.

Appears in 1 contract

Samples: Renewable Energy Standard Agreement

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