Market Termination Amount definition
Market Termination Amount has the meaning given to it in Section 16.5(b);
Market Termination Amount means: (A) if the Market Value as of the Termination Date is greater than the Contract Value as of the Termination Date, an amount payable by the Generator to the AESO equal to: (1) if the AESO is the Non-Defaulting Party, the Difference Value; or (2) if the Generator is the Non-Defaulting Party, zero dollars; and (B) if the Market Value as of the Termination Date is less than the Contract Value as of the Termination Date, an amount payable by the AESO to the Generator equal to: (1) if the Generator is the Non-Defaulting Party, the absolute value of the Difference Value; or (2) if the AESO is the Non-Defaulting Party, zero dollars ($0).
Market Termination Amount shall have the meaning set forth in any Payment Undertaking Agreement.