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 2.1 for all of the Facility Group’s aggregate Actual Usage plus, for each kWh of Deficiency Usage, an amount equal to the positive difference, if any, derived by subtracting (i) the weighted average Spot 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 weighted average Spot Energy Price for the Facility Group for the applicable Billing Cycle from (y) the EESI Energy Price.

Appears in 1 contract

Sources: Electric Energy Services and Sales Agreement

Deficiency Usage. In the event that for any Billing Cycle, the a Facility’sthe aggregate Actual Usage within a Facility Group is less than the aggregate Minimum Usage for such Billing Cycle for such Facility Group ("DeficiencyGroup (such difference being the "Deficiency Usage"), Sysco CustomerSysco Corporation will pay EESI the applicable compensation provided in Section 2.1 for all of the Facility Facility’sFacility Group’s aggregate Actual Usage plus, for each kWh of Deficiency Usage, an amount equal to the positive difference, if any, derived by subtracting (i) the weighted average Spot Energy Price for the Facility Group for the applicable Billing Cycle 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 weighted average Spot Energy Price for the Facility Group for the applicable Billing Cycle from (y) the EESI Energy Price.

Appears in 1 contract

Sources: Electric Energy Services and Sales Agreement