Common use of Energy Settlement Clause in Contracts

Energy Settlement. The Energy Settlement will be calculated as follows: ESm = ∑ ESd × FQm where, ∑ = the sum from i=1 to n; n = the total number of days in a month; FQm = Confirmed Quantity for month m; ESd = ∑ max [(0,(DAPi – VOM)]) where, ESd = Energy Settlement for day d; ∑ = the sum from i = 1 to z, where z is ____ [insert the number of hours of duration of the Project]; DAPi = the largest i values of DAP in a day for all Settlement Periods in a day; VOM = Variable O&M (in $/MWh), as set forth in the Agreement.

Energy Settlement. The Energy Settlement will be calculated as follows: ESm = ∑ ESd × FQm where, ∑ = the sum from i=1 to n; n = the total number of days in a month; FQm = Confirmed Quantity for month m; ESd = ∑ max [(0,(DAPi – VOM)]) where, ESd = Energy Settlement for day d; ∑ = the sum from i = 1 to z, where z is ____ [insert the number of hours of duration of the Project]; DAPi = the largest i values of DAP in a day for all Settlement Periods in a day; VOM = Variable O&M (in $/MWh), as set forth in the Agreement.

Energy Settlement. The Energy Settlement will be calculated as follows: ESm = ∑ ESd × FQm where, ∑ = the sum from i=1 to n; n = the total number of days in a month; FQm = Confirmed Quantity for month m; ESd = ∑ max [(0,(DAPi – VOM)]) where, ESd = Energy Settlement for day d; ∑ = the sum from i = 1 to z, where z is where z is ____ hours [insert the number of hours of duration of the Project]; DAPi = the i largest i values of DAP in a day for all Settlement Periods in a day; VOM = Variable O&M (in $/MWh), as set forth in the Agreement.

Energy Settlement. The Energy Settlement will be calculated as follows: ESm = ∑ ESd × FQm where, ∑ = the sum from i=1 to n; n = the total number of days in a month; FQm = Confirmed Quantity for month m; ESd = ∑ max [(0,(DAPi – VOM)]) where, ESd = Energy Settlement for day d; ∑ = the sum from i = 1 to z, where z is ____ [insert the number of hours of duration of the Project]; DAPi = the largest i values of DAP in a day for all Settlement Periods in a day; VOM = Variable O&M (in $/MWh), as set forth in the Agreement.. VOM = ___ [insert Variable O&M (in $/MWh)]

Energy Settlement. The Energy Settlement will be calculated as follows: ESm = ∑ ESd × FQm where, ∑ = the sum from i=1 to n; n = the total number of days in a month; FQm = Confirmed Quantity for month m; ESd = ∑ max [(0,(DAPi – VOM)]) where, ESd = Energy Settlement for day d; ∑ = the sum from i = 1 to z, where z is where z is ____ hours [insert the number of hours of duration of the Project]; DAPi = the largest i values of DAP in a day for all Settlement Periods in a day; VOM = Variable O&M (in $/MWh), as set forth in the Agreement.