Monthly Price definition
Examples of Monthly Price in a sentence
For avoidance of doubt, Seller shall invoice Buyer regardless of whether the REC Monthly Price is positive or negative.
Notwithstanding, and subject to the foregoing, Seller may request that Buyer issue an invoice to Seller if the REC Monthly Price is positive for documentary purposes.
For the purposes of this analysis the currently awarded Contractors’ Estimated Total Monthly Price will be calculated using the above formula and the currently awarded MMF, FSTF, LMR and MMR rates for the applicable Lot and Region.
Estimated Total Monthly Price = (MMF) + (FSTF) + (MCM) Where: MMF = Monthly Maintenance Fee FSTF = Fire Service Testing Fee.
For avoidance of doubt, this payment adjustment shall be due to a change in the REC Monthly Price only and there shall be no changes in the quantity of RECs related to this payment adjustment.
Payment shall be made from Seller to Buyer if the REC Monthly Price is positive and payment shall be made from Buyer to Seller if the REC Monthly Price is negative.
In instances in which a Party disputes the REC Monthly Price calculated by the IPA, the Party has from the time the IPA issues the Price Calculation Notice to Buyer and Seller until the end of that month to request review of the pricing calculations.
Flat Monthly Price – The Agreement Term and Effective date can be found in the Product Information Chart.
Payment is as follows: The REC Monthly Price shall be the price indicated as such in the Price Calculation Notice issued by the IPA to Buyer and Seller for the applicable Vintage month.
If Seller uncovers errors related to the hourly MWh generation data for a Vintage Month provided by Seller that exceeds 5% of the aggregate generation data for the Vintage Month, Seller shall notify and submit corrected data to Buyer and the IPA within three (3) months of the original deadline for data submission for such Vintage Month for recalculation of the REC Monthly Price by the IPA.