XXX Period Energy Payment Calculation Sample Clauses

XXX Period Energy Payment Calculation. (a) Each monthly XXX Period Energy Payment is calculated as follows: LastHour XXX PERIOD ENERGY PAYMENT, in dollars = ∑ FirstHour [(EP-LA) x APE + LA x MA] Where: EP = XXX Period Energy Price, stated in Section 2(b) of this Exhibit D, in dollars per kWh. APE = The sum of the Allowed Payment Energy from the Generating Facility for each hour of the XXX Period, in kWh, as determined in accordance with Section 2(c) of this Exhibit D. LA = Hourly Location Adjustment price, as set forth in Section 1 of Exhibit S. APE = The sum of the Allowed Payment Energy from the Generating Facility for each hour of the XXX Period, in kWh, as determined in accordance with Section 2(c) of this Exhibit D. LA = Hourly Location Adjustment price, as set forth in Section 1 of Exhibit S. MA = Metered Amounts for each hour of the applicable XXX Period, in kWh. Metered Amounts for any hour is equal to the sum of Metered Amounts for all Metering Intervals in that hour. First Hour = First hour of the applicable XXX Period. Last Hour = Last hour of the applicable XXX Period. Once 120% of the Expected Term Year Net Energy Production is achieved, no further electric energy payments will be calculated for the remaining XXX Periods within any remaining months of the current Term Year.
Sample 1Sample 2Sample 3See All (8)
AutoNDA by SimpleDocs
XXX Period Energy Payment Calculation. (a) Each monthly XXX Period Energy Payment is calculated as follows: XXX PERIOD ENERGY PAYMENT, in dollars = CEP + MEP Where: CEP = Contract Energy Payment, stated in Section 2(b) of this Exhibit D, in dollars per kWh. MEP = Market Energy Payment, stated in Section 2(f) of this Exhibit D, in dollars per kWh.
Sample 1Sample 2Sample 3See All (6)
XXX Period Energy Payment Calculation. (a) Each monthly XXX Period Energy Payment is calculated as follows: XXX PERIOD ENERGY PAYMENT, in dollars = LastHour ∑ FirstHour [(EP-LA) x APE + LA x MA] Where:‌ EP = XXX Period Energy Price, stated in Section 2(b) of this Exhibit B (1), in dollars per kWh. APE = The sum of the Allowed Payment Energy from the Generating Facility for each hour of the XXX Period, in kWh, as determined in accordance with Section 2(c) of this Exhibit B (1).‌ LA = Hourly Location Adjustment price, as set forth in SRAC. MA = Metered Amounts for each hour of the applicable XXX Period, in kWh. Metered Amounts for any hour is equal to the sum of Metered Amounts for all Metering Intervals in that hour. First Hour = First hour of the applicable XXX Period. Last Hour = Last hour of the applicable XXX Period.‌ Once 120% of the Expected Term Year Net Energy Production is achieved, no additional hourly energy payments will be calculated for the remaining XXX Periods within any remaining months of the current Term Year.
Sample 1See All (4)
XXX Period Energy Payment Calculation. (a) Each monthly XXX Period Energy Payment is calculated as follows: XXX PERIOD ENERGY PAYMENT, in dollars = EP x APE x LF Where: EP = XXX Period Energy Price, stated in Section 2(b) of this Exhibit D, in dollar per kWh. APE = The sum of the Allowed Payment Energy from the Generating Facility for all hours for the XXX Period, in kWh, as determined in accordance with Section 2(c) of this Exhibit D. LF = Any loss or other adjustment factor required by Applicable Law. Once 120% of the Expected Term Year Net Energy Production is achieved, no further energy payments will be calculated for the remaining XXX Periods within any remaining months of the current Term Year.
Sample 1

Related to XXX Period Energy Payment Calculation

  • Payment Calculation District shall pay Contractor at a rate of $ per . OR District shall pay Contractor as described in attached Exhibit A

  • Billing, Payment, Milestones, and Financial Security 6.1 Billing and Payment Procedures and Final Accounting

  • PROCEDURES FOR SUPPLEMENTAL PAYMENT CALCULATIONS All calculations required by this Article VI, including but not limited to: (i) the calculation of the Applicant’s Stipulated Supplemental Payment Amount; (ii) the determination of both the Annual Limit and the Aggregate Limit; (iii) the effect, if any, of the Aggregate Limit upon the actual amount of Supplemental Payments eligible to be paid to the District by the Applicant; and (iv) the carry forward and accumulation of any of the Applicant’s Stipulated Supplemental Payment Amounts unpaid by the Applicant due to the Aggregate Limit in previous years, shall be calculated by the Third Party selected pursuant to Section 4.3.

  • Billing Adjustment Credit To provide Customer the benefit of the rates and discounts in the Amendment as of the Effective Date and until such rates and discounts are implemented, the Company shall provide Customer with a one-time billing adjustment credit equal to $99,000.00, plus applicable taxes and surcharges. This credit shall compensate Customer for the difference between the Tariff/Guide/list rates invoiced during the 1st full billing cycle following Customer's signature date above and the rates and discounts in this Agreement. Waivers:

  • Detailed Monthly Report Vendor shall electronically provide DIR with a detailed monthly report in the format required by DIR showing the dollar volume of any and all sales under the Contract for the previous calendar month period. Reports are due on the fifteenth (15th) calendar day of the month following the month of the sale. If the 15th calendar day falls on a weekend or state or federal holiday, the report shall be due on the next business day. The monthly report shall include, per transaction: the detailed sales for the period, Customer name, invoice date, invoice number, description, quantity, MSRP or List Price, unit price, extended price, Customer Purchase Order number, contact name, Customer’s complete billing address, the estimated administrative fee for the reporting period, subcontractor name, EPEAT designation (if applicable), configuration (if applicable), contract discount percentage, actual discount percentage, negotiated contract price (if fixed price is offered instead of discount off of MSRP), and other information as required by DIR. Each report must contain all information listed above per transaction or the report will be rejected and returned to the Vendor for correction in accordance with this section. Vendor shall report in a manner required by DIR which is subject to change dependent upon DIR’s business needs. Failure to do so may result in contract termination.

  • 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.

  • Second Year Wage Adjustment Effective July 1, 2020, all salary ranges and rates shall be increased by two and one-half percent (2.50%), rounded to the nearest cent. Salary increases provided by this Section shall be given to all employees including those employees whose rates of pay exceed the maximum rate for their class. The compensation grids for classes covered by this Agreement are contained in Appendix E-2. Conversion to the new compensation grid shall not change an employee’s eligibility for step progression increases.

  • Interim payment At the end of each of the periods indicated in Annex I the Contractor shall submit to the Agency a formal request for payment accompanied by those of the following documents which are provided for in the Special Conditions: ➢ an interim technical report in accordance with the instructions laid down in Xxxxx X; ➢ the relevant invoices indicating the reference number of the Contract and of the order or specific contract to which they refer;

  • Contract Year A twelve (12) month period during the term of the Agreement commencing on the Effective Date and each anniversary thereof.

  • PAYMENT TERMS/PRE-PAYMENT/QUANTITY DISOUNTS If discounts for accelerated payment, pre-payment, progress payment, or quantity discounts are offered, they must be clearly indicated in the Contractor’s submission prior to contract award. The applicability or acceptance of these terms is at the discretion of the Customer.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!