Examples of Monthly Contract Price in a sentence
The Parties acknowledge that for each Contract Year of this agreement, the Commission will determine the Contract Price Components and the Monthly Contract Price, based on the projections submitted by Seller and the Formula Rate.
For any Billing Month in which payment from Buyer to Seller is due, Seller shall send an invoice to SDG&E for such Billing Month’s Monthly Contract Price Payment no later than the tenth (10th) day of such Billing Month.
If, following the expiration or earlier termination of this Agreement, SDG&E continues to retain any withheld amounts of Monthly Contract Price Payments for which SDG&E was required to release under this Section 2.4(b), then such amount shall be released by SDG&E within sixty (60) days following the receipt by SDG&E of an invoice for such amount from Seller.
So long as no Event of Default with respect to the Seller has occurred and is continuing, and without limiting the provisions of Section 2.6(b) above and subject to Sections 4.2 and 4.3 below, SDG&E shall pay such Monthly Contract Price Payment no later than sixty (60) days after receipt of an invoice.
Following the receipt of such Acceptable Annual Inspection Report before the end of such Billing Contract Year, SDG&E shall release all such withheld Monthly Contract Price Payments in respect of such Billing Contract Year (but only to the extent based on the Reported Annual Peak Capacity Savings amount and Forecasted Annual Energy Savings amount set forth in such Acceptable Annual Inspection Report) in accordance with the invoicing and payment provisions of Article 4.
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The Parties acknowledge and agree that the Monthly Contract Price Payments payable by SDG&E under Section 2.4(a) during a Contract Year is based upon SDG&E’s expectation that sufficient Measures will have been installed under the Project during the entirety of such Contract Year so as to deliver no less than the Forecasted Annual Peak Capacity Savings amount (or the Contracted Peak Capacity Savings amount, if lower) during such Contract Year.
Subject to any requirements of the Commission from time to time and subject to the Rate Cap Limit, Seller may change the Monthly Contract Price, or any component thereof, based on actual Project Costs incurred or projected to be incurred by Seller.
The Parties acknowledge that for each Contract Year of this agreement,49 the Commission will determine the50 Project51 Contract Price Components and the Monthly Contract Price, based on the projections submitted by Seller and the 52Formula53Fomula54 Rate.
If no fixed price is specified, then Frontier will sell and Customer will purchase electric energy at a Monthly Contract Price.