Solar Energy Payment Rate definition

Solar Energy Payment Rate means $ /MWh.
Sample 1
Solar Energy Payment Rate means the rate paid for Solar Energy by EPE to Seller as specified in Exhibit F to this Agreement.
Sample 1Sample 2
Solar Energy Payment Rate means $XX.XX per MWh to be paid by Borough to Seller for Solar Energy delivered by Seller to Borough.
Sample 1

Examples of Solar Energy Payment Rate in a sentence

  • The Solar Energy Payment Rate started at $127.50/MWh in the first Commercial Operation Year and escalates at one percent each year for the twenty-year term of the PPA to a Solar Energy Payment Rate of $154.03/MWh at Commercial Operation Year twenty.

  • Period of Validity of Bids :-Bids shall remain valid for 180 days after the deadline for submission of bids prescribed by the Purchaser.

  • From and after the Commercial Operation Date, for all Solar Energy and associated RECs generated and delivered by Seller to Company at the Point of Delivery in any Commercial Operation Year not in excess of 115% of the Committed Solar Energy for such Commercial Operation Year, Company shall pay Seller the applicable Solar Energy Payment Rate shown in Exhibit M – Committed Solar Energy and Solar Energy Payment Rate.

  • For the avoidance of doubt, the Solar Energy Payment Rate shall apply only to energy generated and delivered from the Facility’s Solar Units, and shall exclude any Natural Gas Generated Energy.

  • If both Parties agree to an Additional Term, the Additional Term shall begin immediately upon the conclusion of the Initial Term on the same terms and conditions as set forth in this PPA and at the Solar Energy Payment Rate negotiated and agreed to by Seller and Ephrata.

  • Commencing on the Commercial Operation Date of the Facility, Borough shall pay Seller the Solar Energy Payment Rate for each MWh of Solar Energy delivered by Seller to the Delivery Point.

  • Notwithstanding the foregoing, if the Parties are unable to agree on the Solar Energy Payment Rate, then this PPA shall terminate at the end of the Initial Term (if the same has not been extended).

  • Borough shall cooperate with Seller to facilitate Seller's testing of the Facility necessary to satisfy the conditions set forth in Section 4.5, and shall accept delivery of all Test Energy produced by the Facility which has been installed and shall purchase all such Test Energy delivered to the Delivery Point at a payment rate of thirty percent (30%) of the Solar Energy Payment Rate.

  • He then contrasts these examples with a computer simulation of the atomic interactions between a pine and a plate described in Rohrlich (1991).

  • If Seller obtains Test Period Transmission Service, Buyers shall accept delivery of Test Energy, provided that the‌ Facility is installed and interconnected in accordance with the Interconnection Agreement, and Buyers shall purchase such Test Energy delivered to the Point of Interconnection and beyond in accordance with Test Period Transmission Service at the Solar Energy Payment Rate.


More Definitions of Solar Energy Payment Rate

Solar Energy Payment Rate means the rate as shown in Exhibit M – Committed Solar Energy and Solar Energy Payment Rate.
Sample 1

Related to Solar Energy Payment Rate

  • Energy Payment The amount that Company will pay Seller for electric energy delivered to Company in accordance with the terms and conditions of this Agreement on a monthly basis as set forth in Attachment J (Company Payments for Energy, Dispatchability and Availability of XXXX) to this Agreement.

  • Payment Rate means the rate (expressed in €/MWh, €/Mvarh or €/MWs2h as appropriate) for the calculation of payments for DS3 System Services as specified in the Charging Statement;

  • Final payment rate means the aggregate sum of the two components (the blended base amount and capital costs) that, when added together, form the final dollar value used to calculate each provider’s reimbursement amount when multiplied by the DRG weight. These dollar values are displayed on the rate table listing.

  • Assessment Rate means, for any day, the annual assessment rate in effect on such day that is payable by a member of the Bank Insurance Fund classified as "well-capitalized" and within supervisory subgroup "B" (or a comparable successor risk classification) within the meaning of 12 C.F.R. Part 327 (or any successor provision) to the Federal Deposit Insurance Corporation for insurance by such Corporation of time deposits made in dollars at the offices of such member in the United States; provided that if, as a result of any change in any law, rule or regulation, it is no longer possible to determine the Assessment Rate as aforesaid, then the Assessment Rate shall be such annual rate as shall be determined by the Administrative Agent to be representative of the cost of such insurance to the Lenders.

  • C/D Assessment Rate for any day as applied to any ABR Loan, the annual assessment rate in effect on such day which is payable by a member of the Bank Insurance Fund maintained by the Federal Deposit Insurance Corporation (the "FDIC") classified as well-capitalized and within supervisory subgroup "B" (or a comparable successor assessment risk classification) within the meaning of 12 C.F.R. Section 327.4 (or any successor provision) to the FDIC (or any successor) for the FDIC's (or such successor's) insuring time deposits at offices of such institution in the United States.

  • Monthly Payment Rate means, for any Monthly Period, a fraction (expressed as a percentage), (a) the numerator of which is the Principal Collections during such Monthly Period, and (b) the denominator of which is the Combined Outstanding Principal Balances as of the beginning of such Monthly Period.

  • Heat Rate means the quantity of BTU’s consumed to produce a kilowatt-hour of energy, calculated as follows:

  • Interest Adjustment Rate means the interest adjustment rate assigned to the Security. The initial Interest Adjustment Rate is the interest adjustment rate specified in the Table (the "Initial Interest Adjustment Rate").The Issuer may adjust, in its reasonable discretion pursuant to §315 BGB and in consideration of the relevant capital market practice and by acting in good faith (including market interest rates and the interest-rate expectations of the market), the Interest Adjustment Rate, including the Initial Interest Adjustment Rate, on any Scheduled Trading Day within the range (deviation (+) or (-)) specified in the Table for any given Security. The adjusted rate will be published without undue delay in accordance with §12.

  • Energy Price has the meaning set forth in Section 4.[1/2](a).

  • Settlement Rate has the meaning specified in Section 5.1.

  • Reimbursement Rate shall have the meaning assigned to such term or the term “Advance Rate” or an analogous term in the Servicing Agreement.

  • Net energy billing means a billing and metering practice under which a customer-generator is billed on the basis of net energy over the billing period.

  • Weekly Rate means the interest rate on the Bonds established in accordance with Section 2.03(b) hereof.

  • Disbursement Rate means an annual rate of interest, as of the date of determination, equal to the greater of (a) eight percent (8%) and (b) the per annum rate for ten (10) year U.S. Treasury Obligations as published in The Wall Street Journal plus three hundred (300) basis points; provided, however, that in no event shall the Disbursement Rate exceed eleven and one-half percent (11.5%).

  • Late Payment Rate As defined in the Insurance Agreement.

  • Real-time System Energy Price means the System Energy Price resulting from the Office of the Interconnection’s dispatch of the PJM Interchange Energy Market in the Operating Day.

  • Adjusted Net Mortgage Rate As to each Mortgage Loan and at any time, the per annum rate equal to the Mortgage Rate less the Expense Fee Rate.

  • Current Rate means the applicable basic minimum wage rate for Local Workers by reason of any National or State Statute or Ordinance, prevailing on any date subsequent to the date 28 days prior to the latest date set for submission of Tenders.

  • Replacement Rate has the meaning assigned thereto in Section 4.2.(b).

  • Yield Rate means, (i) with respect to any Eligible Treasury Security on deposit at any time in either of the Paired Holding Trusts, the stated interest rate of such Eligible Treasury, if any, or any discount rate applicable to such Eligible Treasury, based on the purchase date and purchase price at which the applicable Paired Holding Trust acquired that Eligible Treasury, and (ii) with respect to any Eligible Treasury Repurchase Agreement, the difference between the repurchase price and the purchase price paid under such agreement, with such difference expressed as a percentage of such purchase price.

  • Cap Rate For each Calculation Period, as set forth for such period on Schedule I attached hereto. Floating Rate for initial Calculation Period: To be determined Floating Rate Day Count Fraction: Actual/360 Floating Rate Option: USD-LIBOR-BBA, provided, however, if the Floating Rate Option for a Calculation Period is greater than 10.00% then the Floating Rate Option for such Calculation Period shall be deemed equal to 10.00%.

  • Net Mortgage Rate With respect to any Mortgage Loan (or the related REO Property) as of any date of determination, a per annum rate of interest equal to the then applicable Mortgage Rate for such Mortgage Loan minus the Servicing Fee Rate.

  • Annual Revenue Rate means the rate employed to assess a compliance penalty charge on a Curtailment Service Provider under Tariff, Attachment DD, section 11. Annual Transmission Costs:

  • Compounded Daily Reference Rate means, with respect to an Interest Period, the rate of return of a daily compound interest investment in the Specified Currency (with the applicable Reference Rate (as indicated in the relevant Final Terms and further provided for below) as the reference rate for the calculation of interest) and will be calculated by the Calculation Agent on the Interest Determination Date, as follows, and the resulting percentage will be rounded, if necessary, to the fifth decimal place, with 0.000005 being rounded upwards: