Annual M&V Fee definition

Annual M&V Fee means a fee payable annually in advance by District to ENGIE Services U.S., in consideration of the provision of up to twenty (20) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be Three Thousand Four Hundred Seven Dollars ($3,407.00). The Annual M&V Fee will be increased annually thereafter at the rate of three percent (3%) per annum, each increase to be effective on the first day of the corresponding Measurement Period.
Sample 1
Annual M&V Fee means a fee payable annually in advance by ConFire to OpTerra Energy Services, in consideration of the provision of up to nineteen (19) years of M&V Services, on the terms and subject to the conditions set forth in this Attachment E. Measurement Period Annual M&V Fee 2 Included in Contract Amount 3 (optional) $17,312.83 4 (optional) $17,832.21 5 (optional) $18,367.18 6 (optional) $18,918.19 7 (optional) $19,485.74 8 (optional) $20,070.31 9 (optional) $20,672.42 10 (optional) $21,292.59 11 (optional) $21,931.37 Measurement Period Annual M&V Fee 12 (optional) $22,589.31 13 (optional) $23,266.99 14 (optional) $23,965.00 15 (optional) $24,683.95 16 (optional) $25,424.47 17 (optional) $26,187.20 18 (optional) $26,972.82 19 (optional) $27,782.01
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Annual M&V Fee means a fee payable annually in advance by Manhattan Beach USD to Chevron Energy Solutions, in consideration of the provision of up to five (5) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be $18,348. The Annual M&V Fee will be increased annually thereafter at the rate of four percent (4.0%) per annum, each increase to be effective on the first day of the corresponding Measurement Period.
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Examples of Annual M&V Fee in a sentence

  • Manhattan Beach USD, or its designee, will pay Chevron Energy Solutions such Annual M&V Fee, without any retention amount withheld, within thirty (30) calendar days after its receipt of the corresponding invoice.

  • The Annual M&V Fee for the first Measurement Period will be invoiced by Chevron Energy Solutions to Manhattan Beach USD in a lump sum on the M&V Commencement Date.

  • If such sum of (i) calculated EC Savings for any future Measurement Period plus (ii) the Annual M&V Fee for such Measurement Period is less than the Guaranteed Savings for that Measurement Period, then Chevron Energy Solutions will apply Accumulated Savings then outstanding to determine whether there is a Guarantee Shortfall for that Measurement Period.

  • Unless Manhattan Beach USD gives Chevron Energy Solutions prior written notice of its intent to terminate the M&V Services, any failure to timely pay the Annual M&V Fee in accordance with this Attachment H, Section (II)(H) will be a material default by Manhattan Beach USD under the Contract, and Chevron Energy Solutions, in addition to any other legal, contractual and equitable remedies available to it, will have no obligation thereafter to perform M&V Services or to make Guarantee Payments.

  • After applying such Average Energy Unit Savings for each subsequent Measurement Period and calculating the resulting EC Savings, if the sum of (i) such calculated EC Savings for any future Measurement Period plus (ii) the Annual M&V Fee for such Measurement Period is greater than the Guaranteed Savings for that Measurement Period, then such excess will be Excess Savings and the Savings Guarantee will have been met for that Measurement Period.

  • In consideration of the payment of the Annual M&V Fee, and upon the terms and subject to the conditions set forth herein, Chevron Energy Solutions warrants that Manhattan Beach USD will realize total EC Savings during the Energy Savings Term of not less than the total Guaranteed Savings (the “Savings Guarantee”), as the same may be adjusted from time to time for changes in Energy Rate Factors, Energy Use Factors and consequential revisions to the relevant Baseline.

  • As compensation for the M&V Services hereunder, Manhattan Beach USD will pay the Annual M&V Fee to Chevron Energy Solutions.


More Definitions of Annual M&V Fee

Annual M&V Fee means a fee payable annually in advance by American Canyon to ENGIE Services U.S., in consideration of the provision of up to ten (10) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be Thirteen Thousand Eight Hundred Sixteen Dollars ($13,816.00). The Annual M&V Fee will be increased annually thereafter at the rate of three percent (3%) per annum, each increase to be effective on the first day of the corresponding Measurement Period.
Sample 1
Annual M&V Fee means a fee payable annually in advance by Madera to ENGIE Services U.S., in consideration of the provision of up to five (5) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be Thirty-Seven Thousand Three Hundred Thirty-Two Dollars ($37,332.00). The Annual M&V Fee will be increased annually thereafter at the rate of three percent (3%) per annum for the first five (5) Measurement Periods, each increase to be effective on the first day of the corresponding Measurement Period.
Sample 1
Annual M&V Fee means a fee payable annually in advance by MRY to OpTerra Energy Services, in consideration of the provision of up to five (5) years of M&V Services. The Annual M&V Fee for the second Measurement Period will be Seventeen Thousand Four Hundred Eighty-Five Dollars ($17,485). The Annual M&V Fee will be increased annually thereafter at the rate of three percent (3%) per annum, each increase to be effective on the first day of the corresponding Measurement Period.
Sample 1
Annual M&V Fee means a fee payable annually in advance by Dublin USD to ENGIE Services U.S., in consideration of the provision of up to five (5) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be $24,570. The Annual M&V Fee will be increased annually thereafter at the rate of three percent (3%) per annum, each increase to be effective on the first day of the corresponding Measurement Period.
Sample 1
Annual M&V Fee means a fee payable annually in advance by Firebaugh to ENGIE Services U.S., in consideration of the provision of up to five (5) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be Eight Thousand One Hundred Dollars ($8,100.00). The Annual M&V Fee will be increased annually thereafter at the rate of three percent (3%) per annum for the first five (5) Measurement Periods, each increase to be effective on the first day of the corresponding Measurement Period. The Annual M&V Fee for each Measurement Period after the fifth (5th) Measurement Period will be negotiated in good faith by the Parties, not later than ninety (90) days prior to the end of the preceding Measurement Period, on the basis of then-prevailing market rates for, e.g., labor and equipment.
Sample 1

Related to Annual M&V Fee

  • Annual Fees means the annual fees determined by the Council in terms of section 27;

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Annual Membership Fee shall have the meaning specified in the Credit Card Agreement applicable to each Account for annual membership fees or similar terms.

  • Hire Fee the hire fee specified in Item 13.

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Annual Bonus shall have the meaning set forth in Section 4(b) hereof.

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Annual means per insurance year.