Excess Deliveries. (i) If during any Settlement Interval Seller delivers Metered Amounts in excess of one hundred ten percent (110%) of the product of the Contract Capacity, expressed in MW, multiplied by the length of such Settlement Interval, expressed in hours, then the Product Price applicable to all such excess MWh in such Settlement Interval shall be Zero dollars ($0). (ii) If during any Term Year Seller delivers Metered Amounts in excess of one hundred fifteen percent (115%) of the Expected Annual Net Energy Production for such Term Year, then the Product Price applicable to all such excess MWh in such Term Year shall be equal to seventy-five percent (75%) of the Product Price otherwise applicable under Section 1.06(a) (or Section 1.06(b), if applicable).
Appears in 6 contracts
Sources: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement