Common use of Excess Delivered Energy Clause in Contracts

Excess Delivered Energy. In any Contract Year, if the amount of Delivered Energy plus the amount of Deemed Delivered Energy exceeds one hundred twenty percent (120%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy and Deemed Delivered Energy in excess of such one hundred twenty percent (120%) shall be adjusted to be seventy-five percent (75%) of the applicable Contract Price.]

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Excess Delivered Energy. In any Contract Year, if the amount of Delivered Energy plus the amount of Deemed Delivered Energy exceeds one hundred twenty fifteen percent (120115%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy and Deemed Delivered Energy in excess of such one hundred twenty fifteen percent (120115%) shall be adjusted to be seventy-five percent (75%) of the applicable Contract Price.]

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Excess Delivered Energy. In any Contract Year, if the amount of Seller delivers Delivered Energy plus the amount in excess of Deemed Delivered Energy exceeds one hundred twenty 120 percent (120%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy and Deemed Delivered Energy in excess of such one hundred twenty 120 percent (120%) shall be adjusted to be seventy-five percent (75%) of the applicable Contract Price.]

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Excess Delivered Energy. In any Contract Year, if the amount of Delivered Energy plus the amount of Deemed Delivered Energy exceeds one hundred twenty percent (120%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy and Deemed Delivered Energy in excess of such one hundred twenty percent (120%) shall be adjusted to be seventy-five percent (75%) of the applicable Contract Price.]

Appears in 1 contract

Samples: Power Purchase Agreement

Excess Delivered Energy. In any Contract Year, if the amount of Delivered Energy plus the amount of Deemed Delivered Energy exceeds one hundred twenty percent (120%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy and Deemed Delivered Energy in excess of such one hundred twenty percent (120%) of Contract Quantity shall be adjusted to be seventy-five percent (75%) of the applicable Contract Price.]

Appears in 1 contract

Samples: Power Purchase Agreement

Excess Delivered Energy. In any Contract Year, if the amount of Seller delivers Delivered Energy plus the amount in excess of Deemed Delivered Energy exceeds one hundred twenty five percent (120105%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy and Deemed Delivered Energy in excess of such one hundred twenty five percent (120105%) shall be adjusted to be seventy-five percent (75%) of the applicable Contract Price.]

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

Excess Delivered Energy. In any Contract Year, if the amount of Seller delivers Delivered Energy plus the amount in excess of Deemed Delivered Energy exceeds one hundred twenty 120 percent (120%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy and Deemed Delivered Energy energy in excess of such one hundred twenty 120 percent (120%) shall be adjusted to be seventy-five 75 percent (75%) of the applicable Contract Price.]

Appears in 1 contract

Samples: Master Power Purchase and Sale Agreement

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Excess Delivered Energy. In any Contract Year, if the amount of Seller delivers Delivered Energy plus the amount in excess of Deemed Delivered Energy exceeds one hundred twenty percent (120%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy and Deemed Delivered Energy in excess of such one hundred twenty percent (120%) of Contract Quantity shall be adjusted to be equal to the sum of (a) AESO Pool Price (C$/MWh), plus (b) seventy-five percent (75%) of the applicable Contract PriceUS$38.20/MWh.]

Appears in 1 contract

Samples: Power Purchase Agreement

Excess Delivered Energy. In any Contract Year, . if the amount of Seller produces Delivered Energy plus the amount in excess of Deemed Delivered Energy exceeds one hundred twenty 120 percent (120%) of the annual Estimated Contract Quantity amountQuantity, the Contract Price for any such Delivered Energy and Deemed Delivered Scheduled Energy in excess of such one hundred twenty 120 percent (120%) shall be adjusted to be seventy-five 75 percent (75%) of the applicable Contract Price.]

Appears in 1 contract

Samples: Master Power Purchase and Sale

Excess Delivered Energy. In any Contract Year, if the amount Seller delivers a quantity of Delivered Energy plus the amount in excess of Deemed Delivered Energy exceeds one hundred twenty percent (120%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy and Deemed Delivered Energy energy in excess of such one hundred twenty percent (120%) shall be adjusted to be seventy-five percent (75%) of the applicable Contract Price.], the formula for which is as follows: Excess Delivered Energy Payment =

Appears in 1 contract

Samples: Power Purchase and Sale Agreement

Excess Delivered Energy. In any Contract Year, if the amount of Seller delivers Delivered Energy plus the amount in excess of Deemed Delivered Energy exceeds one hundred twenty percent (120%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy and Deemed Delivered Energy in excess of such one hundred twenty percent (120%) shall be adjusted to be seventy-five percent (75%) of the applicable Contract Price.]

Appears in 1 contract

Samples: Consent and Agreement

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