Common use of Capacity Payments Clause in Contracts

Capacity Payments. The Company shall pay the Seller for the Firm Capacity under Company Dispatch subject to a Legally Enforceable Obligation that the Seller is obligated to deliver to the Company pursuant to ATTACHMENT B TO THE FOURTH AMENDMENT Paragraph 3 of this Appendix B as provided for by Paragraph B of Appendix D of this Contract.

Appears in 2 contracts

Sources: Performance Agreement and Fourth Amendment to the Purchase Power Contract (Ormat Technologies, Inc.), Performance Agreement and Fourth Amendment to the Purchase Power Contract (Hawaiian Electric Industries Inc)

Capacity Payments. The Company shall pay the Seller for the Firm firm Capacity under Under Company Dispatch subject Subject to a Legally Enforceable Obligation that the Seller is obligated to deliver to the Company pursuant to ATTACHMENT B TO THE FOURTH AMENDMENT Paragraph 3 of this Appendix B as provided for by Paragraph B of Appendix D of this Contract.

Appears in 1 contract

Sources: Firm Capacity Amendment to Purchase Power Contract (Ormat Technologies, Inc.)