Examples of Maximum Delivery Rate in a sentence
Subject to the provisions of this Agreement, Seller must sell and make available to Utility, and Utility must purchase and receive the entire Net Output from the Facility at the Point of Delivery; provided that, if Seller delivers any amount of Net Output in excess of the Maximum Delivery Rate, Utility will accept such excess energy but will not be obligated to pay for such energy except as may be provided in this Agreement including as set forth in Exhibit K if applicable.
Seller shall comply with the terms and conditions of the Transmission Agreement(s) between the Seller and the third-party Transmission Provider(s) and shall at all times on and after the Commercial Operation Date [or Initial Delivery Date, in the case of an existing QF] during the term of the Agreement hold rights sufficient to reserve Firm Delivery of Net Output up to the Maximum Delivery Rate to the Point of Delivery for the Term of the Agreement (i.e., such as through rollover rights).
Utility will pay Seller the Contract Price for all deliveries of Net Output, up to the Maximum Delivery Rate provided that, if Seller delivers any amount of Net Output in excess of the Maximum Delivery Rate, Utility will accept such excess energy but will not be obligated to pay for such energy except as may be provided in this Agreement including as set forth in Exhibit K if applicable.