Monthly Capacity Payment definition

Monthly Capacity Payment or “MCP” has the meaning ascribed to it in Exhibit F.

Monthly Capacity Payment has the meaning set forth in Section 5.1.2. “Moody’s” shall mean Xxxxx’x Investor Services, Inc.

Monthly Capacity Payment has the meaning set forth in Section 4.1(b).]

Examples of Monthly Capacity Payment in a sentence

• Compensation to Seller shall consist of (a) a Monthly Capacity Payment calculated in accordance with Section 9.2, and (b) a Variable O&M Charge calculated in accordance with Section 9.3. The Monthly Capacity Payment and Variable O&M Charge will be paid each month, in arrears in accordance with Article 10, for each month of the Delivery Period.

• For the last month of the Term, the Monthly Capacity Payment will be prorated for the number of days remaining in the Term.

• The Monthly Capacity Payment for the Project payable each month of the Delivery Period shall be determined in accordance with the calculation set forth in Appendix 9.2. For the month in which the Initial Delivery Date occurs, the Monthly Capacity Payment will be prorated for the remaining days of that month.

• Once the Project has achieved its Initial Delivery Date, Buyer shall pay Seller a monthly capacity payment (the “Monthly Capacity Payment”), except that Buyer shall not be required to pay the Monthly Capacity Payment for any month in which the Equivalent Availability Factor is less than 0.90 or the Round-Trip Efficiency Rate Factor is less than Round-Trip Efficiency Rate Minimum Threshold.

• The Monthly Capacity Payment for each month of the Delivery Period shall be determined as follows: MCPm = CCm x CR x SFm x EAFm x RTERFm Where: MCPm is the Monthly Capacity Payment expressed in Dollars for month m of the Delivery Period.

More Definitions of Monthly Capacity Payment

Monthly Capacity Payment has the meaning set forth in Section 9.2.

Monthly Capacity Payment or “MCP” means the payment for Capacity calculated in accordance with Appendix A.

Monthly Capacity Payment means the payment required to be made by Buyer to Seller each month of the Delivery Term as compensation for the Product, as calculated in accordance with Exhibit C.

Monthly Capacity Payment has the meaning set forth in Appendix XIV. [For Dispatchable Product only]

Monthly Capacity Payment means the payment required to be made by Buyer to Seller each month of the Delivery Term as compensation for the provision of Effective Storage Capacity and Capacity Attributes associated with the Storage Facility, as calculated in accordance with Exhibit C.

Monthly Capacity Payment means the payment required to be made by CCP to Project Developer each month of the Delivery Term as compensation for the Product, as calculated in accordance with Exhibit C of the ESSA.

Monthly Capacity Payment or “MCP” has the meaning given in clause 6.2(a);