Variable Payment definition

Variable Payment means the payment to be made by Buyer to Seller pursuant to Section 5.1 in respect of Delivered Energy (up to the Maximum Delivered Contract Energy in each applicable MISO Settlement Interval) during the relevant month.

Variable Payment means such payment, however expressed and whether paid annually or otherwise, which serves as an incentive to all employees to increase their productivity or as a reward for their contribution;

Variable Payment means the payment to the Clinic the magnitude of which varies according to the Net Increase in Attachment achieved, as described in Appendix 1;

Examples of Variable Payment in a sentence

• Subject to review and approval of this agreement by the Commission pursuant to section 5.2, at least 30 Days before the Commercial Operation Date reasonably anticipated by Seller, Seller shall provide Buyer with a schedule of the Contract Price and the Initial Clean Coal Rate Adjustment applicable upon Commercial Operation showing the Fixed Project Payment, the Fixed O&M Payment, Fuel Payment and the Variable Payment.

More Definitions of Variable Payment

Variable Payment or “VPm” is the payment calculated using the equation set forth in Section 6.2(b).

Variable Payment has the meaning set forth in section 5.2(d)(iii).

Variable Payment means a cash payment, which may be an addition to Base Pay, made pursuant to the Plan with respect to a particular Performance Period. The amount of a Variable Payment may be less than, equal to or greater than the Target Variable Payment; provided, however, that a Variable Payment shall not be greater than an amount equal to two hundred percent (200%) of the Target Variable Payment.

Variable Payment. The price which JPS will pay to the Company per kWh for Net Energy Output delivered from the Facility to JPS, in accordance with JPS Dispatch instructions, each Month as measured in accordance with Clause 9.2 and Schedule 5 and as calculated in accordance with Article 9 and Schedule 6.

Variable Payment. The price which GPL will pay to the Company per kWh for Net Energy Output delivered from the Facility to GPL, in accordance with GPL Dispatch instructions, each Month as measured in accordance with Clause 9.2 and Schedule 5 and as calculated in accordance with Article 9 and Schedule 2.

Variable Payment means the payment made by JSR as defined in Article 5.2.

Variable Payment has the meaning given to it in Section 1.3(a) of Schedule 6.