Examples of Delivered Energy in a sentence
Seller acknowledges and agrees that the amount of Annual Guaranteed Energy Quantity, Minimum Two Consecutive Contract Year Energy Quantity and Minimum Three Contract Year Energy Quantity shall not act as a cap on or otherwise affect Seller’s estimation of the amount of forecasted Delivered Energy at any time.
The Variable Payment (although calculated according to the Delivered Energy) includes all compensation to Seller for the purchase of all Contract Capacity, Contract Energy (except as otherwise provided in Section 4.7 or Section 7.4(c)(ii)), Capacity-Related Benefits (including any ZRCs, other capacity credits and similar rights and benefits), Environmental Attributes and Other Electric Products, and no other or further amount shall be payable by Buyer in connection with such Products.
Subject to the other terms hereof, for each month of the Delivery Term, Buyer shall pay to Seller the Variable Payment determined in accordance with Schedule 5.1 for Delivered Energy during such month.
Seller acknowledges and agrees that at no time during the Delivery Term may the Delivered Energy ever exceed the Maximum Delivered Contract Energy, and, without limiting Seller’s rights under Section 4.7, Seller shall operate the Facility accordingly.
In consideration of the Delivered Energy during the Delivery Term, Buyer shall make Variable Payments to Seller in accordance with the provisions of Section 5.1.