Capacity Payments definition

Capacity Payments means the monthly payments to be paid by CL&P to AER as defined in Appendix B.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Capacity Payments has the meaning given to it in the Power Purchase Agreement; "Capacity Test" has the meaning given to it in the Power Purchase Agreement; "Change in Law" means:

Capacity Payments means the monthly payments to be paid by PNM to Comverge as defined in Appendix B.

Examples of Capacity Payments in a sentence

• All ▇▇▇ Period Capacity Payments shall be calculated as set forth in Section 3 of this Exhibit D.

• During each month an MAE Failure occurs, subject to the limitations of the following paragraph, Seller will continue to receive Monthly Capacity Payments for the Firm Contract Capacity based on the Firm Capacity Price and capacity payment calculations for firm capacity as set forth in Section 3 of Exhibit D.

• Buyer will submit bids to the CAISO that are in accordance with the Operating Restrictions of the Project as specified in Appendix 1.1. Buyer may withhold all Monthly Capacity Payments that would otherwise be due to Seller until Buyer is fully authorized as the Scheduling Coordinator for the Project.

• Capacity Payments shall be made on the basis of the Initial Dependable Capacity then in effect, and if any increase in the Initial Dependable Capacity is demonstrated, Capacity Payments will be adjusted from and after the Day following such demonstration.

• Subject to Section 10.4, Seller shall refund to Edison with interest at the current published Federal Reserve Board three months prime commercial paper rate an amount equal to the difference between (i) the accumulated Monthly Capacity Payments paid by Edison pursuant to Capacity Payment Option B up to the time the reduction notice is received by Edison, and (ii) the total capacity payments which Edison would have paid if based on the Adjusted Capacity Price.

More Definitions of Capacity Payments

Capacity Payments means the cash payments in Dollars that the PTTs are obligated to make to the Borrower pursuant to Capacity Sales Agreements.

Capacity Payments the amounts payable by Purchaser to Seller in respect of the Contracted Capacity in accordance with Part B of Schedule 6;

Capacity Payments the amounts payable by KPLC in respect of the Contracted Early Generation Capacity or Contracted Plant Capacity of each Plant (as the case may be) in accordance with Parts A and B of Schedule 5;

Capacity Payments means the payments Gulf Power is required to make to Shell according to Section 4.1.

Capacity Payments calculated as follows:

Capacity Payments. KPLC shall in respect of the month in which the Early Generation Commercial Operation Date occurs and for each month thereafter during the Term pay the Seller for the Contracted Early Generation Capacity, and KPLC shall in respect of the month in which the Full Commercial Operation Date occurs and for each month thereafter during the Term pay the Seller for the Contracted Plant Capacity (each, as the case may be, with adjustments reflecting Availability), in accordance with Part A or B of Schedule 5.

Capacity Payments means payments by Buyer to Seller that reflect as separate elements the capital cost recovery payment for the Plant and fixed operation and maintenance payment, as provided in Schedule 6.