Examples of Deemed Energy Payment in a sentence
The Deemed Energy Payment shall be calculated as follows: Payment for electricity produced for the Billed Period shall be based on the Base Tariff.
Without derogating from NamPower's obligation to pay the Deemed Energy Payment as aforesaid, NamPower shall notify the Seller promptly: upon the occurrence of any event resulting in the Transmission System being unable to operate or events affecting system stability; and/or if NamPower determines that maintenance of the Transmission System is required prior to the next Scheduled Transmission System Outage and that an Unscheduled Transmission System Outage is required.
The Deemed Energy Payment for the Billing period, from NamPower to the Seller, shall be: Deemed Energy Payment = Indexed Tariff x Deemed Net Energy for Billing Period.
While a Dispute is continuing, the Parties are required to continue to perform their respective obligations, including the payment of the Energy Payment and/or Deemed Energy Payment, under this Agreement until such dispute has been fully and finally resolved.
The Deemed Energy Payment shall be calculated as provided in Paragraph A3 below.
Energy Payment NamPower shall pay to the Seller: for each Billing Period during the Term (including the Billing Period in which the Commercial Operation Date occurs), the Energy Payment (as per Annexure C (Energy Payment)); and for the duration of the Deemed Commercial Operation Period, if it occurs, the Deemed Energy Payment.
Should the Transmission Unavailability be in excess of the Transmission Unavailability Threshold on an annual basis for reasons other than Force Majeure, NamPower shall be liable to pay the Deemed Energy Payment for the period or periods during which such Transmission Unavailability Threshold is exceeded during a Contract Year.
The Buyer shall pay to the Seller the Deemed Energy Payment for all Deemed Energy accruing in each Billing Period calculated in terms of clause 14 (Consequences of a System Event), clause 15 (Consequences of a Compensation Event) and Schedule 5 (Deemed Energy Payment).
The Buyer shall pay to the Seller the Deemed Energy Payment for all Deemed Energy accruing in each Billing Period calculated in terms of clause 14 (Consequences of a System Event), clause 15 (Consequences of a Compensation Event) and Schedule 6 (Deemed Energy Payments).
This Agreement shall be amended to reflect any increase or decrease to the Energy Charge and Deemed Energy Payment agreed or determined between the Project Company and the Government under the Implementation Agreement within twenty (20) Business Days of such agreement or determination being made under the Implementation Agreement.