Price Calculation Notice definition

Price Calculation Notice means a notice that is issued by the IPA to Buyer and Seller within twenty (20) days of the end of each month of the period in the Delivery Term containing information related to the REC Monthly Price of such month that has concluded. For the avoidance of doubt, the earliest possible first Price Calculation Notice would be issued no later than July 20, 2022 related to the REC Monthly Price associated with RECs that have a Vintage of June 2022.
Price Calculation Notice means a notice that is issued by the IPA to Buyer and Seller within twenty (20) days of the end of each month in the Acceptable Vintage Period containing information related to the REC Monthly Price of such month that has concluded. For the avoidance of doubt, the earliest possible first Price Calculation Notice would be issued no later than February 20, 2025 related to the REC Monthly Price associated with RECs that have a Vintage of January 2025.
Price Calculation Notice. [Commenter 7 Note: Can this be changed to “Payment Calculation Notice” to be consistent with the CMC contract?] means a notice that is issued by the IPA to Buyer and Seller within twenty (20) days of the end of each month of the period in the Delivery Term containing information related to the REC Monthly Price of such month that has concluded. For the avoidance of doubt, the earliest possible first Price Calculation Notice would be issued no later than July 20, 2022 related to the REC Monthly Price associated with RECs that have a Vintage of June 2022.

Examples of Price Calculation Notice in a sentence

  • The IPA shall endeavor on a commercially reasonable basis to issue to Buyer and Seller a revised Price Calculation Notice for such Vintage Month within thirty (30) days of receipt of Seller’s corrected data.

  • 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.

  • Notwithstanding the foregoing, if the Price Calculation Notice is issued by the IPA later than the twentieth (20th) day of the month following the Vintage month, then the Invoice Due Date pursuant to Section 5.1 and the payment due date pursuant to Section 5.2 shall also be extended on a day-by-day basis for each day that the Price Calculation Notice is late.

  • 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.

  • Notwithstanding the foregoing, if the Price Calculation Notice is issued by the IPA later than the twentieth (20th) day of the month following the Vintage month, then the Invoice Due Date pursuant to Section 6.1 and the payment due date pursuant to Section 6.2 shall also be extended on a day-by-day basis for each day that the Price Calculation Notice is late.

  • In instances in which a Party disputes the REC Monthly Price calculated by the IPA, the Party has until the end of ten (10) calendar days following issuance of such Price Calculation Notice to Buyer and Seller to request review of the pricing calculations.

  • If in a Delivery Month, RECs that are Delivered are from different Vintages, then Seller 2 For example, with respect to RECs with a Vintage of June 2022, IPA shall issue the Price Calculation Notice containing the REC Monthly Price for such RECs no later than July 20, 2022.

  • If a Participant who is no longer an Employee dies prior to the complete payment of the Participant's Account, the Participant's Beneficiary shall be entitled to receive the entire unpaid vested portion of the Participant's Account.

  • A method according to Claim 12 wherein said compound is trans-4-coumaric acid or a salt thereof or trans-4-cou- maroyl SCoA.3014.

  • The invoice 8 For example, with respect to RECs with a Vintage of June 20222023, IPA shall issue the Price Calculation Notice containing the REC Monthly Price for such RECs no later than July 20, 20222023.

Related to Price Calculation Notice

  • Nomination Notice means all information and documents that a Nominating Stockholder is required to submit to the Secretary of the Corporation pursuant to Section (r)(vi).

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;