Contract Amount Guarantee Sample Clauses

Contract Amount Guarantee. Seller shall transfer a total amount of AECs from the Facility equal to the Contract Amount for each Contract Year. In the event that Seller is unable to transfer an amount of AECs equal to the Contract Amount for each Contract Year for any reason other than a Force Majeure Event, Seller shall, within forty-five (45) days of the end of such Contract Year, transfer an amount of AECs to PECO through the Registry which is equal to the amount of AECs Seller failed to provide from the Facility for such Contract Year (each a “Replacement AEC”). Any Replacement AEC transferred to PECO by Seller pursuant to the preceding sentence shall be available to PECO for purposes of compliance under the Act for the two AEPS Reporting Years following the last Month of the Contract Year. In the event that Seller fails to provide Replacement AECs as provided under this Section, Seller shall pay PECO within forty-five (45) days of the end of the Contract Year an amount equal to the Alternative Compliance Payment (a “Replacement AEC Payment”) for each AEC which Seller fails to transfer to PECO for such Contract Year as liquidated damages. If the PaPUC subsequently determines that the Alternative Compliance Payment for the AEPS Reporting Year in which Seller failed to Deliver the Contract Amount is more than the amount Seller paid for each AEC not Delivered, Seller shall pay PECO the difference between the amount Seller paid per AEC and the actual Alternative Compliance Payment. If Seller has paid PECO an amount in excess of the actual Alternative Compliance Payment for each AEC not Delivered, PECO shall pay Seller the difference between the amount Seller paid per AEC and the actual Alternative Compliance Payment. All such additional payments shall be paid by PECO or Seller, as applicable, within thirty (30) days of the PaPUC’s determination of the applicable Alternative Compliance Payment for an AEPS Reporting Year.‌
Sample 1
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Contract Amount Guarantee. Seller shall transfer a total amount of AECs equal to the Contract Amount for each Contract Year. In the event that Seller fails to provide the AECs as provided under this Section, Seller shall pay PECO within forty-five (45) days of the end of the Contract Year an amount equal to the higher of the Contract Price or Alternative Compliance Payment (“AEC Payment”) for each AEC which Seller fails to transfer to PECO for such Contract Year as liquidated damages. If the PaPUC subsequently determines that the Alternative Compliance Payment for the AEPS Reporting Year in which Seller failed to Deliver the Contract Amount is more than the amount Seller paid for each AEC not Delivered, Seller shall pay PECO the difference between the amount Seller paid per AEC and the actual Alternative Compliance Payment. If Seller has paid PECO an amount in excess of the actual Alternative Compliance Payment for each AEC not Delivered, PECO shall pay Seller the difference between the amount Seller paid per AEC and the actual Alternative Compliance Payment. All such additional payments shall be paid by PECO or Seller, as applicable, within thirty (30) days of the PaPUC’s determination of the applicable Alternative Compliance Payment for an AEPS Reporting Year.
Sample 1

Related to Contract Amount Guarantee

  • CONTRACT AMOUNT Compensation amount(s), when stated in this Bid Specifications, shall not be construed as either the maximum or minimum amount which Department shall be obligated to accept as the result of this Bid Specifications or any Agreement entered into as a result of this Bid Specifications.

  • Total Contract Amount The contract total for services shall not exceed $1,200,000. Pricing shall be per Exhibit F attached.

  • Maximum Contract Amount 4.4.1. Notwithstanding any other provision of this Agreement, the City’s maximum payment obligation will not exceed ($_) (the “Maximum Contract Amount”). The City is not obligated to execute an agreement or any amendments for any further services, including any services performed by the Contractor beyond that specifically described in Exhibit A. Any services performed beyond those in Exhibit A or performed outside the Term are performed at the Contractor’s risk and without authorization under this Agreement.

  • Basis of Guaranteed Maximum Price The Design-Builder shall include with the GMP Proposal a written statement of its basis, which shall include:

  • C1 Contract Price C1.1 In consideration of the Contractor’s performance of its obligations under the Contract, the Authority shall pay the Contract Price in accordance with clause C2 (Payment and VAT).

  • QUANTITY BASIS OF CONTRACT – NO GUARANTEED QUANTITIES The contract established has no guarantee of any specific quantity and the State is obligated only to buy that quantity which is needed by its agencies.

  • Contract Amendment This Contract may be amended only by a writing signed by all Parties.

  • PAYMENT AND CONTRACT PRICE C1 Contract Price C2 Payment and VAT C3 Recovery of Sums Due C4 Contract Price During Extension of the Initial Contract Period C5 Euro

  • Contract Closure Contracting Officer shall give appropriate written notice to Purchaser when Purchaser has complied with the terms of this contract. Purchaser shall be paid refunds due from Timber Sale Account un- der B4.24 and excess cooperative deposits under B4.218.

  • Payment and Contract Price C1 Contract Price

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