Payment Quantity definition

Payment Quantity has the meaning set forth in Section 3.2(a)(iii).
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Payment Quantity has the meaning set forth in Section D of the Cover Sheet.
Sample 1

Examples of Payment Quantity in a sentence

  • This value will then be multiplied by the Energy Settlement Payment Quantity per Section 6.2 of the Agreement.

  • For all Capacity Attributes of the Product that Seller delivers, Buyer shall pay Seller for the ratio of (a) the sum of all Capacity Attributes of the Delivered Quantities to (b) the sum of all Capacity Attributes of the Product, all as multiplied by (c) the Payment Quantity (“Confirmed Quantity”), as shown in the equation below.

  • Seller shall post an additional Project Development Security in the form of cash or letter of credit, equal to $45.00/kW multiplied by the Payment Quantity (for a total Project Development Security of $60.00/kW multiplied by the Payment Quantity), to be posted eleven months after CPUC Approval.

  • For all Capacity Attributes of the Product that Seller delivers, Buyer shall pay Seller for the ratio of (a) the sum of all Capacity Attributes of the Delivered Quantities to (b) the sum of all Capacity Attributes of the Product, all as multiplied by (c) the Payment Quantity (“Confirmed Quantity”), as shown in the equation below; and the Energy Settlement will be reduced to reflect the Confirmed Quantity.

  • For all Capacity Attributes of the Product that Seller delivers, Buyer shall pay Seller for the ratio of (a) the sum of all Capacity Attributes of the Delivered Quantities to (b) the sum of all Capacity Attributes of the Product, all as multiplied by (c) the Payment Quantity listed in Appendix II (“Confirmed Quantity”), as shown in the equation below.

  • Seller shall post Project Development Security in the form of cash or letter of credit, equal to $15.00/kW multiplied by the Payment Quantity, as of the Execution Date of the Agreement.

  • The Delivery Term Security shall be in the amount equal to ___________________ dollars ($____________) [insert dollar amount equal to the greater of $40/kW multiplied by the Payment Quantity or 10% of the sum of the highest estimated Monthly Payments [excluding Energy Settlement]4 for any 36 consecutive month period during the Delivery Term].

  • Following Seller’s provision of a Capacity Attribute Reduction Notice, the Payment Quantity shall be automatically reduced to match the Contracted Quantity in each Contract Month for the remainder of the Delivery Term without the further need of the Parties to amend this Agreement.

  • Following Seller’s provision of a Capacity Attribute Reduction Notice, the Payment Quantity shall be automatically reduced to match the Product in each Contract Month for the remainder of the Delivery Term without the further need of the Parties to amend this Agreement.

  • The Project Development Security will be in the form of cash via wire transfer of immediately available funds or Letter of Credit; Seller shall post the Project Development Security in the amount of _________________ dollars ($_______) [insert dollar amount equal to $80/kW multiplied by the Payment Quantity] within five (5) Business Days following the Execution Date.

Related to Payment Quantity

  • Contract Quantity means the quantity of Delivered Energy expected to be delivered by Seller during each Contract Year as set forth in the Cover Sheet.

  • Type B quantity means a quantity of radioactive material greater than a Type A quantity.

  • Daily Contract Quantity or “DCQ” means the quantity of Gas as set out in Clause 4.1 herein.

  • Metered Quantity means apparent power, reactive power, active power, with associated time tagging and any other quantity that may be measured by a Party’s Metering Equipment and that is reasonably required by either Party for Security reasons or revenue requirements.

  • Type A quantity means a quantity of radioactive material, the aggregate radioactivity of which does not exceed A1 for special form radioactive material or A2 for normal form radio- active material, where A1 and A2 are given in Appendix O or may be determined by procedures described in Appendix O.

  • Net Invoice Price means the price paid by You for Your Vehicle including all factory fitted accessories and any discount given but excluding retailer fitted accessories, road fund licence, new vehicle registration fee, fuel, paintwork and / or upholstery protection kits, insurance premiums (including this Premium), warranty premiums and any such associated costs and any Negative Equity.

  • Daily Quantity means the quantity of waste discharged during an operating day.

  • Minimum Purchase Price has the meaning set forth in Section 2.04.

  • Required Quantity in a unit price Contract shall mean the actual quantity of any item of Work or materials which is required to be performed or furnished in order to comply with the Contract.

  • Maximum Daily Quantity means the daily volume of Gas or Liquids, expressed in 103m3, identified in a Shipper's Interruptible Transportation Service Agreement that Transporter agrees to receive from Shipper under Toll Schedule Interruptible Full Path Service, Toll Schedule Interruptible Receipt Service or Toll Schedule Interruptible Delivery Service, as applicable.

  • Installment Payment has the meaning ascribed to it in Section 2.02(a).

  • 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.

  • Delivery Month means each month specified as such by the Exchange pursuant to

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • 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.

  • Minimum Payment Due means the least payment amount, specified in the “Statement of Account”, required to be paid by the “Principal Cardholder” on or before the “Payment Due Date” in order to keep the “Card Account” active. “Past Due Amount” from previous “Billing Cycle” will form part of the “Minimum Payment Due”.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • Monthly Volume means the product of the Committed Volume multiplied by the number of days in the relevant month.

  • Committed Volume means, with respect to a Committed Shipper, the minimum daily volume of Crude Petroleum set out in Schedule A to the Committed Shipper’s TSA.

  • Supply Price has the meaning set forth in Section 6.2.

  • Volume Commitment means the volume of NGLs that a Committed Shipper has guaranteed to ship on the Pipeline pursuant to its TSA.

  • Minimum Purchase Amount means an amount that would be sufficient to (i) reduce the Outstanding Amount of each class of Notes on such Distribution Date to zero and (ii) pay to the respective Noteholders the Class A Noteholders’ Interest Distribution Amount and the Class B Noteholders’ Interest Distribution Amount payable on such Distribution Date.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Payment Requirement means the amount specified as being applicable to the Reference Entity in the Standard or its equivalent in the relevant Obligation Currency (or, if no such amount is specified, USD 1,000,000 or its equivalent in the relevant Obligation Currency) in either case as of the occurrence of the relevant Failure to Pay or Potential Failure to Pay, as applicable.

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.

  • Unrecovered Initial Unit Price means at any time, with respect to a Unit, the Initial Unit Price less the sum of all distributions constituting Capital Surplus theretofore made in respect of an Initial Common Unit and any distributions of cash (or the Net Agreed Value of any distributions in kind) in connection with the dissolution and liquidation of the Partnership theretofore made in respect of an Initial Common Unit, adjusted as the General Partner determines to be appropriate to give effect to any distribution, subdivision or combination of such Units.