Limited Dispatch Gas Clause Samples
Limited Dispatch Gas. (i) Seller shall sell and deliver to, and Buyer shall purchase and receive at, the Delivery Point(s), on a Firm Basis, a quantity of Gas Scheduled by Buyer or Fuel Manager for delivery during a Day pursuant to Section 4.1 that is not less than 6,000 MMBtu of Gas per Day or more than 8,000 MMBtu of Gas per Day (such quantity of Gas, "Limited Dispatch Gas"). The Limited Dispatch Gas shall constitute a portion of the MDFQ. Subject to Section 3.3(a), during each Agreement Year Buyer shall take or pay for a quantity of Limited Dispatch Gas at least equal to the Minimum Limited Dispatch Quantity, unless Seller waives such minimum take requirement. Buyer's obligation to Schedule a quantity of Limited Dispatch Gas for delivery during a Day shall be relieved due to an Event of Force Majeure or Seller's failure to deliver such quantity of Gas during a Day for any reason.
Limited Dispatch Gas. The price of Limited Dispatch Gas received by Buyer each Month shall be equal to the sum of the Limited Dispatch Demand Charge, the total Limited Dispatch Commodity Charges and the total ANR Charges for the Month, less Buyer's Credit.
(i) The Limited Dispatch Demand Charge for a Month shall equal $21,292 for Agreement Years one through five. For each Agreement Year thereafter, the Limited Dispatch Demand Charge shall be determined by adding $1,064 to the Limited Dispatch Demand Charge in effect on the last Day of the previous Agreement Year.
(A) The Limited Dispatch Commodity Charge, effective as of June 1, 1996 shall equal $2.33 per MMBtu. The total Limited Dispatch Commodity Charges that Buyer shall pay to Seller during any Month shall equal the product of (1) the Limited Dispatch Commodity Charge in effect during the Month, multiplied by (2) the total quantity of Limited Dispatch Gas Seller delivers to the Delivery Point(s) during the Month. If the Initial Delivery Date occurs after June 1, 1996, the Limited Dispatch Commodity Charge shall escalate at a rate of 4% annually, prorated Monthly, until the Initial Delivery Date.
(B) At the end of each Agreement Year (the "Escalation Date"), the Limited Dispatch Commodity Charge shall escalate. Effective each Escalation Date, the Limited Dispatch Commodity Charge shall be determined by multiplying (1) the Limited Dispatch Commodity Charge in effect on the Day before the Escalation Date, times (2) 1.04. (iii) (A) The initial ANR Charge for a Month shall equal $0.10 per MMBtu. The total ANR Charges that Buyer shall pay to Seller during any Month shall equal the product of (1) the ANR Charge in effect during the Month, multiplied by (2) the total quantity of Limited Dispatch Gas Seller delivers to the Delivery Point(s) during such Month.