Capacity Charges. If specified in the Commercial Terms, the You must pay any Capacity Charges payable or otherwise incurred by Us attributable to the Your Premises.
Capacity Charges. Notwithstanding anything to the contrary set forth in this Agreement, Seller shall bear all risk and responsibility with respect to any costs or credit requirements (including the posting of applicable credit support) related to its compliance with the PJM Capacity Rules in connection with the Capacity Value and the Cleared Capacity Value of the Project for any Capacity Year and the transfer to Buyer of the Contract Capacity Amount for such Capacity Year pursuant to this Agreement, including any and all charges or costs, including capacity deficiency charges, assessed by PJM or otherwise against Seller (collectively, the “Capacity Charges”). If PJM bills or credits Buyer for any charges, costs or other amounts related to any Capacity Charges, Buyer shall deliver such invoice or statement to Seller and Seller shall pay such invoice or otherwise settle such amounts by the later of the due date (if applicable) or ten
Capacity Charges. Buyer will pay Seller one twelfth of the Capacity charge set forth in Exhibit A for each kW of annual billing demand. The annual billing demand is the greater of the Buyer's highest forecast peak for the year or Buyer's actual peak at the time of the FirstEnergy Control Area's annual coincident peak, multiplied by a factor of 1.12 to account for reserve requirements. The annual billing demand shall be adjusted for Real Power Losses incurred on the Transmission Provider's System.
Capacity Charges. 1.1 The Capacity Charge for each Payment Period is [●] pounds sterling (£[●]),subject to RPI Indexation in respect of the second and any subsequent year of the Capacity Period.
Capacity Charges. Owner shall pay the City capacity charges based on the most current resolution establishing capacity fees for the City at the time such charges are due pursuant to applicable City policies.
Capacity Charges. Except as provided below, Receiver shalt pay NS the amount of $466,667 each month during the Term (“Monthly Charge”), for a sum payment of Monthly Charges to NS during the Term of $5,600,000. In the event a valid Force Majeure has been declared, as described in Article 18 of the Contract, that prevents Receiver from operating the X.X. Xxxxx Generating Station or prevents Railroads from performing their obligations, in each case for more than seven (7) consecutive calendar days, then the Monthly Charge for the applicable month(s) shall be reduced by an amount equal to the number of days of the Force Majeure divided by the number of days in the applicable month(s) times the Monthly Charge. Receiver shall pay the Monthly Charge under normal credit terms upon receipt of a xxxx, which properly reflects as a credit any accumulated reductions at the time ofinvoicing, therefor from NS. For avoidance of doubt, Monthly Charges shall not be owed by Receiver in respect to any Extended Term.
Capacity Charges. These are charges payable regardless of actual output in a billing period and are calculated to be sufficient to pay all of the concessionaireprivate partner’s fixed costs incurred to finance and maintain the project, including debt service and other ongoing financing expenses, fixed operation and maintenance expenses and a certain rate of return. The payment of capacity charges is often subject to the observance of certain performance or availability standards;
Capacity Charges. Notwithstanding anything to the contrary set forth in this Agreement, Seller shall bear all risk and responsibility with respect to any costs or credit requirements (including the posting of applicable credit support) related to its compliance with the PJM Capacity Rules in connection with the Capacity Value and the Cleared Capacity Value of the Project for any Capacity Year and the transfer to Buyer of the Contract Capacity Amount for such Capacity Year pursuant to this Agreement, including any and all charges or costs, including capacity deficiency charges, assessed by PJM or otherwise against Seller (collectively, the “Capacity Charges”). If PJM bills or credits Buyer for any charges, costs or other amounts related to any Capacity Charges, Buyer shall deliver such invoice or statement to Seller and Seller shall pay such invoice or otherwise settle such amounts by the later of the due date (if applicable) or ten (10) days after receipt from Buyer. Invoicing and payment for all amounts due from Seller to Buyer as necessary to implement this provision shall be done pursuant to Article VI.
Capacity Charges. The capacity charge shall be $25.88 per hour for the Xxxxxx Valley connection. On April 1, 2021 and periodically thereafter, the capacity charges shall be adjusted by the same percentage provided in the FAIRFIELD municipal code for adjusting water connection fees within the FAIRFIELD city limits. The minimum charge shall be for six hours of use, and any additional use shall be rounded to the nearest full hour.
Capacity Charges. (A) If the Buyer fails to accept the Required Quantity in any Month of an Operating Year for reasons other than due to an event of Force Majeure or an act or omission of the Seller, the Buyer shall pay to the Seller Capacity Charges on the Failed Quantity in accordance with the formulae given below.
