Common use of Allocation of Availability Incentive Payments and Non-Availability Charges Clause in Contracts

Allocation of Availability Incentive Payments and Non-Availability Charges. (a) If Buyer is the Scheduling Coordinator, and if the Generating Facility is subject to the terms of the Availability Standards, Non-Availability Charges, and Availability Incentive Payments as contemplated under Section 40.9 of the CAISO Tariff, then any Availability Incentive Payments will be for the benefit of Buyer and for Buyer’s account and any Non-Availability Charges will be the responsibility of Buyer and for Buyer’s account.

Appears in 16 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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Allocation of Availability Incentive Payments and Non-Availability Charges. (a) If Buyer is the Scheduling Coordinator, and if the Generating Facility is subject to the terms of the Availability Standards, Non-Non- Availability Charges, and Availability Incentive Payments as contemplated under Section 40.9 of the CAISO Tariff, then any Availability Incentive Payments will be for the benefit of Buyer Seller and for BuyerSeller’s account and any Non-Availability Charges will be the responsibility of Buyer Seller and for BuyerSeller’s account.

Appears in 9 contracts

Samples: Renewable Power Purchase Agreement, Renewable Power Purchase Agreement, Renewable Power Purchase and Sale Agreement

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Allocation of Availability Incentive Payments and Non-Availability Charges. (a) If Buyer is the Scheduling Coordinator, and if the Generating Facility is subject to the terms of the Availability Standards, Non-Availability Charges, and or Availability Incentive Payments as contemplated under Section 40.9 of defined and provided for by the CAISO Tariff, then any Availability Incentive Payments will be for the benefit of Buyer Seller and for BuyerSeller’s account and any Non-Availability Charges will be the responsibility of Buyer Seller and for BuyerSeller’s account.

Appears in 3 contracts

Samples: Power Purchase and Sale Agreement, Power Purchase and Sale Agreement, Power Purchase and Sale Agreement

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