Common use of Performance Requirement for Energy Payment Clause in Contracts

Performance Requirement for Energy Payment. Option 2 During the First Period when the annual forecast referred to in Section 9.2.1 is greater than the levelized forecast referred to in Section 9.2.2, Seller shall deliver to Edison at least 70 percent of the average annual kWh delivered to Edison during those previous periods when the levelized forecast referred to in Section 9.2.2 is greater than the annual forecast referred to in Section 9.2.1 as resource conditions permit for solar, wind, and hydro Generating Facilities and excluding uncontrollable forces. If Seller does not meet the performance requirements of this Section 9.2.2.1, Seller shall be subject to Section 9.5.

Performance Requirement for Energy Payment. Option 2 During the First Period when the annual forecast referred to in Section 9.2.1 8.2.1 is greater than the levelized forecast referred to in Section 9.2.28.2.2, Seller shall deliver to Edison at least 70 percent of the average annual kWh delivered to Edison during those previous periods when the levelized forecast referred to in Section 9.2.2 8.2.2 is greater than the annual forecast referred to in Section 9.2.1 8.2.1 as resource conditions permit for solar, wind, and hydro Generating Facilities and excluding uncontrollable forces. If Seller does not meet the performance requirements of this Section 9.2.2.18.2.2.1, Seller shall be subject to Section 9.58.5.

Performance Requirement for Energy Payment. Option 2 During the First Period when the annual forecast referred to in Section 9.2.1 is greater than the levelized forecast referred to in Section 9.2.2, Seller shall deliver to Edison at least 70 percent of the average annual kWh delivered to Edison during those previous periods when the levelized forecast referred to in Section 9.2.2 is greater than the annual forecast referred to in Section 9.2.1 as resource conditions permit for solar, wind, and hydro Generating Facilities and excluding uncontrollable forces. If Seller does doe not meet the performance requirements of this Section 9.2.2.1, Seller shall be subject to Section 9.5.