Examples of Energy Use Factors in a sentence
Manhattan Beach USD will further cooperate with Chevron Energy Solutions’ performance of the M&V Services by providing utility information, changes in Energy Use Factors, and/or additional information as reasonably requested by Chevron Energy Solutions.
EC Savings for any Measurement Period will be equal to the sum, for such Measurement Period, of (i) the Energy Use Savings, plus (ii) the Stipulated Non-Energy Savings, in each case as adjusted for changes in Energy Use Factors during such Measurement Period.
If Manhattan Beach USD fails to notify Chevron Energy Solutions of changes in Energy Use Factors or fails to supply Chevron Energy Solutions in a timely manner with information that is requested by Chevron Energy Solutions for the calculation of EC Savings, the Energy Unit Savings for the relevant Measurement Period will be deemed equal to the corresponding Projected Energy Savings for such period.
In consideration of the payment of the Annual M&V Fee, and upon the terms and subject to the conditions set forth herein, Chevron Energy Solutions warrants that Manhattan Beach USD will realize total EC Savings during the Energy Savings Term of not less than the total Guaranteed Savings (the “Savings Guarantee”), as the same may be adjusted from time to time for changes in Energy Rate Factors, Energy Use Factors and consequential revisions to the relevant Baseline.