Energy Payment Rate definition

Energy Payment Rate shall have the meaning ascribed to it in each Site Specific PPA.
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Energy Payment Rate means, for all Energy in a Commercial Operation Year, net of energy self-generated and concurrently consumed by the Facility, and net of losses prior to the Point of Delivery, a price equal to $[ ] per megawatt hour.
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Energy Payment Rate shall have the meaning ascribed to it in Section 4.3 of the PPA.
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Examples of Energy Payment Rate in a sentence

  • In no event shall any Force Majeure entitle Seller to a claim for or create a right to any increase in the Test Energy Payment Rate or Energy Payment Rate or create any liability of Company for the an increase.

  • The payment to be made by Buyer to Seller shall equal the Total Delivered Energy for the relevant period multiplied by the Energy Payment Rate for such period.

  • To the extent the Meter Malfunction Output exceeds the Adjusted Energy Output Seller shall promptly issue Buyer a credit in the amount of such excess multiplied by the prevailing Energy Payment Rate.

  • The payment to be made by Buyer to Seller shall equal the Energy for the relevant period multiplied by the Energy Payment Rate, set forth in the applicable Site Specific PPA, for such period plus any Lost Seller Revenue.

  • As-Available Energy Payment Rate (AEPR): For energy provided and not covered under Paragraph 2 above, the AEPR will be applicable and will be based on the system avoided energy cost as defined in Appendix B.

  • Seller shall not make or add any demand, delivery or other incidental charges to the Energy Payment Rate.

  • As to each Agreement, Buyer shall pay Seller for all of the Energy delivered to the Delivery Point, as metered at the Metering Device, at the Energy Payment Rate, set forth in the applicable Site Specific PPA, plus any Lost Seller Revenue.

  • As to each Agreement, during the Term, Seller shall sell to Buyer and Buyer shall purchase from Seller all of the Energy, as and when the same is produced, at the Energy Payment Rate in effect at the time of delivery, as detailed in the applicable Site Specific PPA.

  • Subject to the balance of this Section 3.2, Buyer shall pay Seller for Total Delivered Energy at the applicable Energy Payment Rate as set forth on Exhibit D for the duration of the Term.

  • Standard Energy Payment Rates: The calculation of energy payments to the CEP shall be based on the sum, over all hours of the Monthly Period, of the product of each hour's Energy Payment Rate times the energy purchased from the CEP by the Company for that hour.


More Definitions of Energy Payment Rate

Energy Payment Rate shall have the meaning set forth in Exhibit J.
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Energy Payment Rate has the meaning ascribed in Section 7.
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Energy Payment Rate means the electricity rates per kilowatt hour, as set forth in the tables below.
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Energy Payment Rate means the price per MWh of Energy delivered by Seller to the Delivery Point for Buyer’s account, as set out on Schedule 8.1.
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Energy Payment Rate means the rate for the Energy Payment which will be defined in the “Published Price for WPDRS 2004/05” which will be published in September 2004.
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Energy Payment Rate shall be the price Buyer shall pay Seller for Total Delivered Energy under this PPA, as described in Exhibit D to this PPA hereby incorporated by reference and expressed in cents per kilowatt-hour.
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Related to Energy Payment Rate

  • Payment Rate means the rate (expressed in £/MWh, £/Mvarh or £/MWs2h as appropriate ) for the calculation of payments for DS3 System Services as specified in the Charging Statement;

  • Final payment rate means the aggregate sum of the two components (the blended base amount and capital costs) that, when added together, form the final dollar value used to calculate each provider’s reimbursement amount when multiplied by the DRG weight. These dollar values are displayed on the rate table listing.

  • Late Payment Rate As defined in the Insurance Agreement.

  • Assessment Rate means, for any day, the annual assessment rate in effect on such day that is payable by a member of the Bank Insurance Fund classified as "well-capitalized" and within supervisory subgroup "B" (or a comparable successor risk classification) within the meaning of 12 C.F.R. Part 327 (or any successor provision) to the Federal Deposit Insurance Corporation for insurance by such Corporation of time deposits made in dollars at the offices of such member in the United States; provided that if, as a result of any change in any law, rule or regulation, it is no longer possible to determine the Assessment Rate as aforesaid, then the Assessment Rate shall be such annual rate as shall be determined by the Administrative Agent to be representative of the cost of such insurance to the Lenders.

  • Weekly Rate means the rate of interest on a Group of 2020 Series D Variable Rate Bonds described in Section 301 of Appendix A hereto.

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards:

  • Reference Interest Rate means the following rate (expressed as a percentage rate per annum) for deposits in the currency of the Strike Price: the Reference Interest Rate specified in the Table which has been published on the screen page specified in the Table (the "Screen

  • Annual Revenue Rate means the rate employed to assess a compliance penalty charge on a Curtailment Service Provider under Tariff, Attachment DD, section 11. Annual Transmission Costs:

  • Annual Interest Rate in accordance with the rate applicable to the equal instalment financing plan in effect on the conversion date, up to a maximum of 19.90%.

  • Interest Rate shall have the meaning assigned to such term or analogous term in the Mortgage Loan Agreement.

  • Standard Rate means, for any day, a rate per annum equal to the Bank's announced Prime Rate minus 0% per annum, and each change in the Standard Rate shall be effective on the date any change in the Prime Rate is publicly announced as being effective.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two Business Days prior to the first day of such Interest Period.