Opex Payment definition

Opex Payment means the payment calculated in accordance with Condition 8.2 (Opex Payment Calculation);
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Opex Payment means the payment calculated in accordance with Condition 8.2 (Opex Payment Calculation); 37 Note to Reader: The Strike Price will be adjusted during a T&S Outage Event by reference to the variable energy-related operating costs that an Emitter will be able to mitigate, and will be deemed to have mitigated, from reduced energy consumption by turning down the throughput of the Capture Plant from a full load to a part-load operating condition, by reference to the duration of the T&S Outage Event and the Available T&S Capacity.
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Opex Payment means the payment calculated in accordance with schedule 4 (Opex Payment Calculation) to be made by the ICC Contract Counterparty to the Emitter in the circumstances set out in clause 11 (Opex Payment);
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Examples of Opex Payment in a sentence

  • The Strike Price relates to the Opex Payment only and the Initial Strike Price shall be the Strike Price in the Base Year.

  • During the Initial Term, the Fixed Trajectory Reference Price shall be the Reference Price for the purposes of the Opex Payment calculation.

  • The EACF for year 1 of the Opex Payment Period shall be set on a project-by-project basis and agreed during negotiations.

  • The EACFDuring the Initial Term, the Fixed Trajectory Reference Price shall be the Reference Price for year 1the purposes of the Opex Payment Period shall be set on a project-by-project basis and agreed during negotiationscalculation.

  • The [[] component of the] Opex Payment shall be fully indexed annually by reference to the change in CPI.

  • The ICC Contract Counterparty shall pay the Opex Payment to the Emitter in accordance with terms of this clause 11 (Opex Payment), clause 12 (Billing Statements) and clause 13 (Payment Mechanics), with effect from the Start Date, with such payment calculated in accordance with schedule 4 (Opex Payment Calculation).

  • The Maximum Annual CO2 Capture Quantity will be the greatest mass quantity of CO2 that the Emitter is expected to capture in any of years one (1) to fifteen (15) of the Opex Payment Period, based on the design capacity and projected availability of the Capture Plant.

  • The rights and obligations of the Parties under clause 10 (Capex Payment), clause 11 (Opex Payment), clause 12 (Billing Statements), clause 13 (Payment Mechanics) and clause 17 (Emitter's Undertakings: Metering) are conditional upon the fulfilment or waiver of the Conditions Precedent and shall commence on the Start Date.

Related to Opex Payment

  • Delta Payment means as it is described in this Agreement.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Upfront Payment has the meaning set forth in Section 4.1.

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Earnout Payment has the meaning set forth in Section 2.3(b).

  • Rent Payment means the amount payable by Lessee for the Assets as specified in the applicable Schedule.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Interim Payment has the meaning specified in Section 10.1.

  • Tax Payments has the meaning set forth in the definition of Permitted Payments to Parent.

  • AHYDO Catch-Up Payment means any payment with respect to any obligations of the Borrower or any Restricted Subsidiary, in each case to avoid the application of Section 163(e)(5) of the Code thereto.

  • Production Payment means a production payment obligation (whether volumetric or dollar denominated) of the Borrower or any of its Restricted Subsidiaries which are payable from a specified share of proceeds received from production from specified Oil and Gas Properties, together with all undertakings and obligations in connection therewith.

  • Option Payment shall have the meaning set forth in Section 3.4.

  • Earn-Out Payment has the meaning set forth in Section 2.07(a)(i).

  • Sublease Payment means any payment required to be made by the District pursuant to Section 7 of the Sublease.

  • Agreement Payment means a Payment paid or payable pursuant to this Agreement.

  • Minimum Monthly Payment for any Mortgage Loan and any month means the minimum amount required to be paid by the related mortgagor in that month.

  • Royalty Payment has the meaning set forth in Section 6.1.

  • Gross-Up Payment shall have the meaning set forth in Section 6.2 hereof.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • Basic Rent Payment Date means Basic Rent Payment Date as defined in Paragraph 6.

  • Past Due Rent Payment is defined in Section 2.2(g).

  • Consolidated Rental Payments means, for any period, the aggregate amount of all rents paid or payable by Company and its Subsidiaries on a consolidated basis during that period under all Capital Leases and Operating Leases to which Company or any of its Subsidiaries is a party as lessee.

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.