Common use of Buyer's Obligation to Take Clause in Contracts

Buyer's Obligation to Take. If Buyer is -------------------------- unwilling to accept the Minimum Annual Energy Take for any Contract Year, as may be adjusted pursuant to Section 4.1.2.2, the difference (in MWh) between the Supply Amount of Energy (including consideration for Energy that would have been taken but was unavailable due to Permitted Deratings or Force Majeure, as well as the Total Amount of Energy Replaced) and the Minimum Annual Energy Take shall be billed at the Price Ceiling of Energy less the Price Floor of Energy. An example of the monthly determination of the amount of Energy to be credited against the Minimum Annual Energy Take is shown on Exhibit L.

Appears in 3 contracts

Samples: Transitional Power Purchase Agreement (Sierra Pacific Power Co), Transitional Power Purchase Agreement (Sierra Pacific Power Co), Transitional Power Purchase Agreement (Sierra Pacific Power Co)

AutoNDA by SimpleDocs

Buyer's Obligation to Take. If Buyer is -------------------------- unwilling to accept the Minimum Annual Energy Take for any Contract Year, as may be adjusted pursuant to Section 4.1.2.2, the difference (in MWh) between the Supply Amount of Energy (including consideration for Energy that would have been taken but was unavailable due to Permitted Deratings or Force Majeure, as well as the Total Amount of Energy Replaced) and the Minimum Annual Energy Take shall be billed at the Price Ceiling of Energy less the Price Floor of Energy. An example of the monthly determination of the amount of Energy to be credited against the Minimum Annual Energy Take is shown on Exhibit L.

Appears in 1 contract

Samples: Transitional Power Purchase Agreement (Wisconsin Public Service Corp)

Buyer's Obligation to Take. If Buyer is -------------------------- unwilling to -------------------------- accept the Minimum Annual Energy Take for any Contract Year, as may be adjusted pursuant to Section 4.1.2.2, the difference (in MWh) between the Supply Amount of Energy (including consideration for Energy that would have been taken but was unavailable due to Permitted Deratings or Force Majeure, as well as the Total Amount of Energy Replaced) and the Minimum Annual Energy Take shall be billed at the Price Ceiling of Energy less the Price Floor of Energy. An example of the monthly determination of the amount of Energy to be credited against the Minimum Annual Energy Take is shown on Exhibit L.

Appears in 1 contract

Samples: Transitional Power Purchase Agreement (Sierra Pacific Power Co)

AutoNDA by SimpleDocs

Buyer's Obligation to Take. If Buyer is unwilling -------------------------- unwilling to accept the Minimum Annual Energy Take for any Contract Year, as may be adjusted pursuant to Section 4.1.2.2, the difference (in MWh) between the Supply Amount of Energy (including consideration for Energy that would have been taken but was unavailable due to Permitted Deratings or Force Majeure, as well as the Total Amount of Energy Replaced) and the Minimum Annual Energy Take shall be billed at the Price Ceiling of Energy less the Price Floor of Energy. An example of the monthly determination of the amount of Energy to be credited against the Minimum Annual Energy Take is shown on Exhibit L.

Appears in 1 contract

Samples: Transitional Power Purchase Agreement (Sierra Pacific Power Co)

Time is Money Join Law Insider Premium to draft better contracts faster.