Common use of Monthly Energy Payment Clause in Contracts

Monthly Energy Payment. For each month, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of the Energy Price times the XXX Factor for the applicable XXX Period times the Delivered Energy in each hour (“Monthly Energy Payment”). Monthly Energy Payment = ∑ Energy Price x XXX Factor x Delivered Energy

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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Monthly Energy Payment. For each month, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of the then applicable Energy Price times the XXX Factor for the applicable XXX Period times the Delivered Energy in each hour (“Monthly Energy Payment”). Monthly Energy Payment = ∑ Energy Price x XXX Factor x Delivered Energy.

Appears in 1 contract

Samples: Power Purchase Agreement

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Monthly Energy Payment. For each month, Buyer shall pay Seller for the Product an amount equal to the sum for each hour in the month of the product of the then applicable Energy Price times the XXX Factor for the applicable XXX Period times the Delivered Energy in each hour (“Monthly Energy Payment”). Monthly Energy Payment = ∑ then applicable Energy Price x XXX Factor x Delivered Energy

Appears in 1 contract

Samples: Power Purchase Agreement

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