Examples of Bid Quantity in a sentence
Failure by Seller to provide to NYSERDA, on or before November 30, 2019, additional Contract Security, in an amount equal to six dollars ($6.00) per MWh multiplied by the Bid Quantity (See Section 15.01(b)).
NYSERDA will not pay for Tier-1 Renewable Energy Certificates beyond one hundred and twenty percent (120%) of the Bid Quantity for any Contract Year.
The amount payable in a given month shall be calculated as the lesser of: (1) the multiplicative product of (a) the Actual Eligible Production of the Bid Facility during the prior month; (b) the Bid Quantity Percentage; and (c) the Bid Price, and (2) the number of Tier-1 Renewable Energy Certificates Transferred into the NYSERDA NYGATS Account during the prior month multiplied by the Bid Price.
The maximum number of Tier-2 Renewable Energy Certificates NYSERDA shall be obligated to purchase under this Agreement shall be equal to the Bid Quantity multiplied by the Bid Price multiplied by three (3)(the number of years in the Contract Delivery Term).
The maximum percentage by which quantities may be decreased is: 15% of Bid Quantity.