Monthly Discount means (i) for the Initial Reset Period, an amount (when taken together with any Annual Refund) that is not less than the Minimum Discount and is specified in Exhibit F, which Exhibit F shall be provided by Issuer to Purchaser on the Bond Closing Date, and(ii) for each subsequent Reset Period, a portion of the Available Discount for such Reset Period determined by the Calculation Agent pursuant to the Re-Pricing Agreement and set forth in an updated Exhibit F provided by Issuer after such determination.
Monthly Discount means (i) for each Month of the Initial Rate Period,
Monthly Discount means (i) for each Month of the Initial Discount Period, cents ($0. )1 per MMBtu, and (ii) for each Month of a Reset Period thereafter, eighty percent (80%) of the net Monthly Discount (following payment of all administrative fees to BBE including, without limitation, the Project Administration Fee) as determined in accordance with the Re-Pricing Agreement and available to FGU under its Project Participant Agreement, which shall set forth in an updated Exhibit C provided by Seller after such determination.
Examples of Monthly Discount in a sentence
For each MMBtu of Gas delivered by Seller to Purchaser, Purchaser shall pay Seller the Contract Price for such Gas, which shall be the applicable Index Price, as defined in Section 4.2, less the Monthly Discount, plus any Delivery Point Premium as specified on Exhibit B.
In addition to the Monthly Discount applicable to deliveries of the Daily Contract Quantity to Purchaser under this Agreement, Seller (or FGU or BBE on behalf of Seller) shall, provide the Annual Refund to Purchaser following the release of such funds under the Bond Indenture.
More Definitions of Monthly Discount
Monthly Discount means (i) for the Initial Reset Period, an amount (when taken together with any Annual Refund) that is not less than the Minimum Discount and is specified in Exhibit F, which Exhibit F shall be provided by Issuer to Purchaser on the Bond Closing Date, and
Monthly Discount means (i) for each Month of the Initial Discount Period, [ cents ($0. ]) per MMBtu, and (ii) for each Month of a Reset Period thereafter, the Monthly Discount portion of the Available Discount for such Reset Period determined by the Calculation Agent pursuant to the Re-Pricing Agreement.
Monthly Discount means (i) for each Month of the Initial Discount Period [ ] cents ($0.[__])2 per MMBtu, and (ii) for each Month of a Reset Period thereafter, eighty percent (80%) of the net Monthly Discount (following payment of all administrative fees to BBE including, without limitation, the Project Administration Fee) as determined in accordance with the Re-Pricing Agreement and available to FGU under its Project Participant Agreement, which shall set forth in an updated Exhibit C provided by Seller after such determination.