Monthly Variable Payment. During each month of the Delivery Term, Buyer shall pay Seller, in arrears, a monthly variable payment (“Monthly Variable Payment “ or “MVP”) for each Unit, as full payment for the Tolling Services and all of the Energy provided from the Unit by Seller with respect to Scheduled Operations during the subject month, equal to the Variable O&M (“VOM”) payment plus payment for Fired Hours as follows. MVPm = VOM payment + Fired Hours payment where,
Appears in 2 contracts
Sources: Tolling Power Purchase Agreement, Tolling Power Purchase Agreement