Excess Usage Charge definition

Excess Usage Charge. Means the excess usage charge (if any) as specified (as appropriate) in a Lease Contract.
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Excess Usage Charge means for each kWh of aggregate Excess Usage an amount equal to the positive difference, if any, derived by subtracting (i) the Contract Price from (ii) the Spot Energy Price.
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Excess Usage Charge means the sum of the excess usage charge payable under this Agreement for each Function (being the Excess Usage for that Function multiplied by the Cost Per Excess Use for that Function).
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Examples of Excess Usage Charge in a sentence

  • In the event of a breach of the Fair Usage Policy the Customer acknowledges and agrees that it may be subject to an Excess Usage Charge calculated in accordance with the Fair Usage Policy.

  • If ▇▇▇▇▇▇'s use of any Unit exceeds these hours for any given time period as determined by the Unit's hour meter, lessee shall pay for each excess hour an Excess Usage Charge.

  • For each Transaction, in the event that for any Contract Year other than the first Contract Year, Customer's Actual Usage exceeds the Maximum Usage for such Contract Year ("Excess Usage"), Customer will pay EESI the applicable compensation provided in Section 3.1 for all of Customer’s Actual Usage plus, for each kWh of Excess Usage, an Excess Usage Charge calculated pursuant to the applicable Transaction Agreement.

  • At the end of the Rental Term, including any renewal term, it should be determined that the actual number of operating hours for any unit of Equipment exceeds the corresponding Monthly Operating Hours allowed, Dealer may, at Hyster’s option, be required to pay Hyster upon demand, in addition to any other amounts due under this Agreement, an excess usage charge calculated by multiplying the number of excess operating hours by the Hourly Excess Usage Charge shown on the Rental Schedule.

  • Excess Usage Charge: for each kWh of Excess Usage at each Account for each month, an amount equal to the positive difference, if any, derived by subtracting (i) the EESI Energy Price from (ii) the average Spot Energy Price for the applicable month.

  • Buyer agrees to pay any Excess Usage Charge or Deficiency Usage Charge arising from any variance in Buyer's consumption of Electricity such that Actual Usage exceeds the Maximum Usage or Minimum Usage bands specified in a Transaction Confirmation.