Common use of Amount Payable Clause in Contracts

Amount Payable. The amount payable by the Buyer to Seller in a month shall be: The product of (a) the Delivered Energy for Default Service to the Large Customer Group and (b) Large Customer Group Contract Rate in the month plus, The product of (a) the Delivered Energy for Default Service to the Small Customer Group and (b) Small Customer Group Contract Rate in the month plus, the product of (a) the number Class I NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment plus, the product of (a) the number Class I Thermal NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment plus, the product of (a) the number Class II NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment plus the product of (a) the number of Class III NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment plus, the product of (a) the number of Class IV NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment less, the product of (a) the Class I RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less, the product of (a) the Class I Thermal RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less, the product of (a) the Class II RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less the product of (a) the Class III RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less, the product of (a) the Class IV RPS Requirement in a month and (b) the applicable Alternative Compliance Payment. [To be determined consistent with each transaction] Modifications to the Master Power Agreement [To be determined for each Transaction] Security Calculation of Exposure Exposure shall be calculated in accordance with Paragraph 3 of the CSA, subject to the conditions and definitions below.

Appears in 3 contracts

Samples: Master Power Agreement, Master Power Agreement, Master Power Agreement

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Amount Payable. The amount payable by the Buyer to Seller in a month shall be: The product of (a) the Delivered Energy for Default Service to the Large Customer Group and (b) Large Customer Group Contract Rate in the month plus, The product of (a) the Delivered Energy for Default Service to the Small Customer Group and (b) Small Customer Group Contract Rate in the month plus, the product of (ac) the number Class I NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus, the product of (ac) the number Class I Thermal NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus, the product of (ac) the number Class II NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus the product of (ae) the number of Class III NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus, the product of (ae) the number of Class IV NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment less, the product of (ae) the Class I RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment less, the product of (ae) the Class I Thermal RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment less the product of (e) the Class II RPS Requirement in a month and (d) the applicable Alternative Compliance Payment less the product of (e) the Class III RPS Requirement in a month and (d) the applicable Alternative Compliance Payment less, the product of (a) the Class II RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less the product of (a) the Class III RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less, the product of (ae) the Class IV RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment. [To be determined consistent with each transaction] Modifications to the Master Power Agreement [To be determined for each Transaction] Security Calculation of Exposure Exposure shall be calculated in accordance with Paragraph 3 of the CSA, subject to the conditions and definitions below.

Appears in 1 contract

Samples: Master Power Agreement

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Amount Payable. The amount payable by the Buyer to Seller in a month shall be: The product of (a) the Delivered Energy for Default Service to the Large Customer Group and (b) Large Customer Group Contract Rate in the month plus, The product of (a) the Delivered Energy for Default Service to the Small Customer Group and (b) Small Customer Group Contract Rate in the month plus, the product of (ac) the number Class I NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus, the product of (a) the number Class I Thermal NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment plus, the product of (ac) the number Class II NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus the product of (ae) the number of Class III NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus, the product of (ae) the number of Class IV NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment less, the product of (ae) the Class I RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment less, the product of (ae) the Class I Thermal II RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment less the product of (e) the Class III RPS Requirement in a month and (d) the applicable Alternative Compliance Payment less, the product of (a) the Class II RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less the product of (a) the Class III RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less, the product of (ae) the Class IV RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment. [To be determined consistent with each transaction] Modifications to the Master Power Agreement [To be determined for each Transaction] Security Calculation of Exposure Exposure shall be calculated in accordance with Paragraph 3 of the CSA, subject to the conditions and definitions below.

Appears in 1 contract

Samples: Master Power Agreement

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