Common use of Deficiency Usage Clause in Contracts

Deficiency Usage. In the event that for any Billing Cycle, the aggregate Actual Usage within a Facility Group is less than the aggregate Minimum Usage for such Billing Cycle for such Facility Group (such difference being the "Deficiency Usage"), Sysco Corporation will pay EESI the applicable compensation provided in Section 2.12.1.1 for all of the Facility Group’s aggregate Actual Usage, such payment to be made as set forth in Section 2.3, plus, for each kWh of Deficiency Usage, EESI shall be entitled to charge Sysco Corporation an amount equal to the positive difference, if any, derived by subtracting (i) the Average Energy Price for the Facility Group for the applicable Billing Cycle from (ii) the EESI Energy Price. EESI shall credit Sysco Corporation for each kWh of Deficiency Usage, an amount equal to the negative difference, if any, derived by subtracting (x) the Average Energy Price for the Facility Group for the applicable Billing Cycle from (y) the EESI Energy Price. Credits and charges under this Section 2.2.2 shall be netted out and paid by the Party owing same to the Party to which such net amount is owed on an annual basis and reflected on the next EESI Invoice. Notwithstanding the foregoing, in no event shall the Sysco Parties or the Sysco Corporation be responsible for any Deficiency Usage which is caused by (i) EESI’s energy management activities, including without limitation a change to the Billing Cycle, a voluntary curtailment or EESI’s failure to deliver to the Utility, (ii) a Utility, or (iii) Force Majeure.

Appears in 1 contract

Sources: Electric Energy Services and Sales Agreement

Deficiency Usage. In the event that for any Billing Cycle, the aggregate Actual Usage within a Facility Group is less than the aggregate Minimum Usage for such Billing Cycle for such Facility Group (such difference being the "Deficiency Usage"), Sysco Corporation will pay EESI the applicable compensation provided in Section 2.12.1.1 2.1.1 for all of the Facility Group’s aggregate Actual Usage, such payment to be made as set forth in Section 2.3, plus, for each kWh of Deficiency Usage, EESI shall be entitled to charge Sysco Corporation an amount equal to the positive difference, if any, derived by subtracting (i) the Average Energy Price for the Facility Group for the applicable Billing Cycle from (ii) the EESI Energy Price. EESI shall credit Sysco Corporation for each kWh of Deficiency Usage, an amount equal to the negative difference, if any, derived by subtracting (x) the Average Energy Price for the Facility Group for the applicable Billing Cycle from (y) the EESI Energy Price. Credits and charges under this Section 2.2.2 shall be netted out and paid by the Party owing same to the Party to which such net amount is owed on an annual basis and reflected on the next EESI Invoice. Notwithstanding the foregoing, in no event shall the Sysco Parties or the Sysco Corporation be responsible for any Deficiency Usage which is caused by (i) EESI’s energy management activities, including without limitation a change to the Billing Cycle, Cycle or a voluntary curtailment or EESI’s failure pursuant to deliver to the Utility, (ii) a Utility, or (iii) Force MajeureSection 2.2.4.

Appears in 1 contract

Sources: Electric Energy Services and Sales Agreement