XXX Period Payment Calculation. Each monthly XXX Period Payment is calculated in dollars, using the terms defined below, as follows: (Fixed price component + Variable price component) * (XXX Factor) * metered kWh exported during the XXX Period during the month The Metered Energy per hour used for payments shall be limited to 5,000 kW times 1 hour. Additionally, once the Metered Energy delivered during any Term Year equals the As-Available Contract Capacity at 100% capacity factor applied over 8,760 hours, no further payments will be calculated or paid for the remaining XXX Periods within any remaining months of the current Term Year.
Appears in 3 contracts
Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement
XXX Period Payment Calculation. Each monthly XXX Period Payment is calculated in dollars, using the terms defined below, as follows: (Fixed price component + Variable price component) * (XXX Factor) * metered kWh exported during the XXX Period during the month The Metered Energy per hour used for payments shall be limited to 5,000 500 kW times 1 hour. Additionally, once the Metered Energy delivered during any Term Year equals the As-Available Contract Capacity at 100% capacity factor applied over 8,760 hours, no further payments will be calculated or paid for the remaining XXX Periods within any remaining months of the current Term Year.
Appears in 2 contracts
Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement
XXX Period Payment Calculation. Each monthly XXX Period Payment payment is calculated in dollars, using the terms defined below, dollars as follows: (Fixed price component + Variable price component) * (XXX Factor) * metered kWh exported during the XXX Period during the month * (XXX factor) The Metered Energy per hour used for payments shall be limited to 5,000 kW times 1 hour. Additionally, once the Metered Energy delivered during any Term Year equals the As-As- Available Contract Capacity at 100% capacity factor applied over 8,760 hours, no further payments will be calculated or paid for the remaining XXX Periods within any remaining months of the current Term Year.
Appears in 1 contract
Samples: Power Purchase and Sale Agreement
XXX Period Payment Calculation. Each monthly XXX Period Payment payment is calculated in dollars, using the terms defined below, dollars as follows: (Fixed price component + Variable price component) * (XXX Factor) * metered kWh exported during the XXX Period during the month * (XXX factor) The Metered Energy per hour used for payments shall be limited to 5,000 500 kW times 1 hour. Additionally, once the Metered Energy delivered during any Term Year equals the As-Available Contract Capacity at 100% capacity factor applied over 8,760 hours, no further payments will be calculated or paid for the remaining XXX Periods within any remaining months of the current Term Year.
Appears in 1 contract
Samples: Power Purchase and Sale Agreement
XXX Period Payment Calculation. Each monthly XXX Period Payment payment is calculated in dollars, using the terms defined below, dollars as follows: (Fixed price component + Variable price component) * (XXX Factor) * metered kWh exported during the XXX Period during the month * (XXX factor) The Metered Energy per hour used for payments shall be limited to 5,000 500 kW times 1 hour. Additionally, once the Metered Energy delivered during any Term Year equals the As-As- Available Contract Capacity at 100% capacity factor applied over 8,760 hours, no further payments will be calculated or paid for the remaining XXX Periods within any remaining months of the current Term Year.
Appears in 1 contract
Samples: Power Purchase and Sale Agreement