Total Compensation Amount means the amount equal to the product of $[amount] per MW multiplied by the Contract Capacity.
Total Compensation Amount as defined in the First Amendment, is hereby deleted and replaced with the term “Total Compensation Amount” as defined above. Consultant’s estimate of time and materials is attached hereto as Exhibit B, and incorporated herein by reference.
Total Compensation Amount means CM’s price for the Services required by this Agreement. The Total Compensation Amount is based on the Monthly Rate payable to CM for each of its staff members for the performance of Services during the duration of the Project. The Total Compensation Amount includes amounts for certain Specified Sum Services within the Basic Services, and may also include amounts for specified Contingent Additional Services included at execution of the Agreement, as well as Allowance Amounts that
Examples of Total Compensation Amount in a sentence
If the Economic Benefit is realized on or before the Commercial Operation Date, then the Total Compensation Amount shall be reduced automatically by the Reduction Amount with immediate effect.
If Owner is the Defaulting Party, then the Termination Payment shall be owed to CHGE and shall be equal to the product of (1) the Total Compensation Amount and (2) the number of Calendar Days remaining in the Delivery Period as of the effective date of termination divided by the total number of Calendar Days in the Delivery Period.
The Initial Commercial Operation Test shall verify the Contract Capacity for purposes of calculating the Total Compensation Amount and shall be deemed an Owner Initiated Test.
More Definitions of Total Compensation Amount
Total Compensation Amount as defined in the First Amendment, is hereby deleted and replaced with the term “Total Compensation Amount” as defined above.
Total Compensation Amount is equal to the product of the $ per MW agreed to by Owner and Company multiplied by the Contract Capacity bid by Owner. Incentives Company has no obligation to pay or reimburse Owner for any incentives offered by NYSERDA or any other entity. NYSERDA Agreement If a NYSERDA Incentive is determined to be necessary to meet the accepted bid price, then the Owner shall negotiate an agreement with NYSERDA (the “NYSERDA Agreement”) to receive the NYSERDA Incentive. Company shall not be party to, nor have any obligations under, the NYSERDA Agreement. Capacity and Requirements Owner must meet certain performance requirements to achieve Commercial Operation and maintain certain performance guarantees throughout the Term, subject to liquidated damages and, if applicable, termination by Company. Exclusive Use Company shall have the exclusive right to dispatch the Energy Storage System from Substantial Completion through the Term. Owner Credit Support At execution, Owner shall post Development Security not less than $210,000 [$52,500] per MW of the Contract Capacity of the Project. By the Commercial Operation Date, Owner shall post Performance Assurance in an amount not less than the Commercial Operation Payment, which amount decreases following the completion of each subsequent contract year by the Commercial Operation Payment divided by the total number of years in the Term. Credit support shall be in the form of cash or a Letter of Credit.
Total Compensation Amount means CM’s price for the Services required by this Agreement. The Total Compensation Amount is based on a Monthly Fee
Total Compensation Amount as defined in the Fourth Amendment, is hereby deleted and replaced with the term “Total Compensation Amount” as defined above. Consultant’s estimate of time and materials is attached hereto as Exhibit B, and incorporated herein by reference.
Total Compensation Amount. Click or tap here to enter text. Compensation Furlough/Chapter 4, Section 20: This employment contract incorporates the Nevada System of Higher Education Procedures and Guidelines Manual Chapter 4, Section 20 as though fully set forth here. Pursuant to Title 2, Chapter 5, Section 5.4.5(b) of the NSHE Code, as may be amended from time to time, you may, by future action of the Board of Regents without a declaration of financial exigency, be subject to base pay reduction or unpaid leave. In addition, you may, by future action of the State legislature to reduce pay of certain categories of state employees, be subject to base pay reduction or unpaid leave.
Total Compensation Amount is equal to the product of the $ per MW agreed to by Owner and Company multiplied by the Contract Capacity bid by Owner. Incentives Company has no obligation to pay or reimburse Owner for any incentives offered by NYSERDA or any other entity. NYSERDA Agreement If a NYSERDA Incentive is determined to be necessary to meet the accepted bid price, then the Owner shall negotiate an agreement with NYSERDA (the “NYSERDA Agreement”) to receive the NYSERDA Incentive. Company shall not be party to, nor have any obligations under, the NYSERDA Agreement. Capacity and Requirements Owner must meet certain performance requirements to achieve Commercial Operation and maintain certain performance guarantees throughout the Term, subject to liquidated damages and, if applicable, termination by Company. Exclusive Use Company shall have the exclusive right to dispatch the Energy Storage System from Substantial Completion through the Term. Owner Credit Support At execution, Owner shall post Development Security not less than $94,000 per MW of the Contract Capacity of the Project in the case of CECONY and not less than $52,500 in the case of O&R. For the Upfront Structure, by the Commercial Operation Date, Owner shall post Performance Assurance in an amount not less than 100% the Commercial Operation Payment, which amount decreases following the completion of each subsequent contract year by the Commercial Operation Payment divided by the total number of years in the Term. For the Levelized Structure, by the Commercial Operation Date, Owner shall post Performance Assurance in an amount not less than 100% the Commercial Operation Payment, which amount shall endure through, and be released upon, completion of the Term. Credit support shall be in the form of cash or a Letter of Credit.