Common use of XXX Factors and XXX Periods Clause in Contracts

XXX Factors and XXX Periods. In accordance with all other terms of this Article 4, the then applicable Energy Price shall be adjusted by the following Time of Delivery Factors (“XXX Factors”) for each of the specified Time of Delivery Periods listed in the first column (“XXX Periods”) in which Energy is delivered: Summer July 1 – October 31 Winter November 1 – June 30 On-Peak Weekdays 11am – 7pm XXX Factor = 1.6411 Weekdays 1pm - 9pm XXX Factor = 1.1916 Semi-Peak Weekdays 6am – 11am; Weekdays 7pm - 10pm XXX Factor = 1.0400 Weekdays 6am – 1pm; Weekdays 9pm – 10pm XXX Factor = 1.0790 Off-Peak* All other hours XXX Factor = 0.8833 All other hours XXX Factor = 0.7928 *All hours during NERC holidays are off-peak.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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XXX Factors and XXX Periods. In accordance with all other terms of this Article 4, the then applicable Energy Price shall be adjusted by the following Time of Delivery Factors (“XXX Factors”) for each of the specified Time of Delivery Periods listed in the first column (“XXX Periods”) in which Energy is delivered: Summer July 1 – October 31 Winter November 1 – June 30 On-Peak Weekdays 11am – 7pm XXX Factor = 1.6411 Weekdays 1pm - 9pm XXX Factor = 1.1916 Semi-Peak Weekdays 6am – 11am; Weekdays 7pm - 10pm XXX Factor = 1.0400 Weekdays 6am – 1pm; Weekdays 9pm – 10pm XXX Factor = 1.0790 Off-Peak* All other hours XXX Factor = 0.8833 All other hours XXX Factor = 0.7928 *All hours during NERC holidays are off-peak.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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