Common use of Demand Reduction Clause in Contracts

Demand Reduction. If the Court is required to close or cease regular operations for twenty (20) Business Days or more in any given Billing Cycle, excluding regular Court holidays, the Judicial Council shall promptly provide written notice thereof to the Contractor, hereinafter a “Demand Reduction Event.” Such notice shall include the date of commencement of the Demand Reduction Event, as well as the length of time it is expected to continue. The Judicial Council shall also provide notice of the date of cessation of the Demand Reduction Event. In any Billing Cycle in which a Demand Reduction Event occurs, the Court shall only be contractually required to purchase the amount of electricity actually used by the Court. The Term of this SPPA shall be extended on a day-for-day basis equal to the days the Court is required to close or cease regular operations. The Fixed Price for Contract Year 20 shall continue in effect throughout the duration of such extension.

Demand Reduction. If the Court is required to close or cease regular operations for twenty (20) Business Days or more in any given Billing Cycle, excluding regular Court holidays, the Judicial Council shall promptly provide written notice thereof to the Contractor, hereinafter a “Demand Reduction Event.” Such notice shall include the date of commencement of the Demand Reduction Event, as well as the length of time it is expected to continue. The Judicial Council shall also provide notice of the date of cessation of the Demand Reduction Event. In any Billing Cycle in which a Demand Reduction Event occurs, the Court shall only be contractually required to purchase the amount of electricity actually used by the Court. The Term of this SPPA shall be extended on a day-for-day basis equal to the days the Court is required to close or cease regular operations. The Fixed Price for Contract Year 20 shall continue in effect throughout the duration of such extension.. 39