Common use of Power Production Guarantee Clause in Contracts

Power Production Guarantee. SolarCity guarantees that during the Lease Term the System will generate kilowatt-hours (kWh) as set forth in the table below and calculated as follows. To calculate the guaranteed amount of kWh for an applicable two-year period (“Guaranteed kWh”) we will take the applicable year’s Total kWh in the chart below minus the Total kWh from two years prior, also as indicated in the chart below: Year Total kWh Guaranteed Price/kWh 2 16,332 0.16754 4 32,502 0.17918 6 48,510 0.19164 8 64,358 0.20496 10 80,048 0.21921 12 95,582 0.23444 14 110,961 0.25074 16 126,186 0.26817 18 141,259 0.28681 20 156,183 0.30674 DocuSign Envelope ID: 4DA869EF-3722-4896-B799-CB24B7538008

Appears in 1 contract

Samples: Lease Transfer Agreement

AutoNDA by SimpleDocs

Power Production Guarantee. SolarCity guarantees that during the Lease Term the System will generate kilowatt-hours (kWh) as set forth in the table below and calculated as follows. To calculate the guaranteed amount of kWh for an applicable two-year period (“Guaranteed kWh”) we will take the applicable year’s Total kWh in the chart below minus the Total kWh from two years prior, also as indicated in the chart below: Year Total kWh Guaranteed Price/kWh 2 16,332 0.16754 10,773 0.12500 4 32,502 0.17918 21,439 0.12500 6 48,510 0.19164 31,998 0.12500 8 64,358 0.20496 42,452 0.12500 10 80,048 0.21921 52,801 0.12500 12 95,582 0.23444 63,047 0.12500 14 110,961 0.25074 73,192 0.12500 16 126,186 0.26817 83,235 0.12500 18 141,259 0.28681 93,177 0.12500 20 156,183 0.30674 103,021 0.12500 DocuSign Envelope ID: 4DA869EF-3722FF441F9F-4896-B799-CB24B7538008A9CA-475A-8C9E-25FDD366EF03

Appears in 1 contract

Samples: Lease Transfer Agreement

Power Production Guarantee. SolarCity guarantees that during the Lease Term the System will generate kilowatt-hours (kWh) as set forth in the table below and calculated as follows. To calculate the guaranteed amount of kWh for an applicable two-year period (“Guaranteed kWh”) we will take the applicable year’s Total kWh in the chart below minus the Total kWh from two years prior, also as indicated in the chart below: Year Total kWh Guaranteed Price/kWh 2 16,332 0.16754 31,291 0.10859 4 32,502 0.17918 62,270 0.11614 6 48,510 0.19164 92,940 0.12421 8 64,358 0.20496 123,305 0.13285 10 80,048 0.21921 153,366 0.14208 12 95,582 0.23444 183,127 0.15196 14 110,961 0.25074 212,592 0.16252 16 126,186 0.26817 241,762 0.17382 18 141,259 0.28681 270,642 0.18590 20 156,183 0.30674 DocuSign Envelope ID: 4DA869EF-3722-4896-B799-CB24B7538008299,233 0.19882

Appears in 1 contract

Samples: az773218.vo.msecnd.net

Power Production Guarantee. SolarCity guarantees that during the Lease Term the System will generate kilowatt-hours (kWh) as set forth in the table below and calculated as follows. To calculate the guaranteed amount of kWh for an applicable two-year period (“Guaranteed kWh”) we will take the applicable year’s Total kWh in the chart below minus the Total kWh from two years prior, also as indicated in the chart below: Year Total kWh Guaranteed Price/kWh 2 16,332 7,000 0.16754 4 32,502 0.17918 13,930 0.17919 6 48,510 20,791 0.19164 8 64,358 0.20496 27,584 0.20497 10 80,048 34,309 0.21921 12 95,582 0.23444 40,966 0.23445 14 110,961 0.25074 47,558 0.25075 16 126,186 54,083 0.26817 18 141,259 0.28681 60,544 0.28682 20 156,183 0.30674 DocuSign Envelope ID: 4DA869EF-3722-4896-B799-CB24B753800866,940 0.30675 Copy

Appears in 1 contract

Samples: media.crmls.org

Power Production Guarantee. opy opy SolarCity guarantees that during the Lease Term the System will generate kilowatt-hours (kWh) as set forth in the table below and calculated as follows. To calculate the guaranteed amount of kWh for an applicable two-year period (“Guaranteed kWh”) we will take the applicable year’s Total kWh in the chart below minus the Total kWh from two years prior, also as indicated in the chart below: Year Total kWh Guaranteed Price/kWh 2 16,332 0.16754 13,087 0.11996 4 32,502 0.17918 26,044 0.12830 6 48,510 0.19164 38,871 0.13722 8 64,358 0.20496 51,571 0.14676 10 80,048 0.21921 64,144 0.15696 12 95,582 0.23444 76,591 0.16787 14 110,961 0.25074 88,914 0.17954 16 126,186 0.26817 101,115 0.19202 18 141,259 0.28681 113,193 0.20536 20 156,183 0.30674 DocuSign Envelope ID: 4DA869EF-3722-4896-B799-CB24B7538008125,151 0.21964 Copy Copy Cop Copy

Appears in 1 contract

Samples: bright-media.brightmls.com

AutoNDA by SimpleDocs

Power Production Guarantee. SolarCity guarantees that during the Lease Term the System will generate kilowatt-hours (kWh) as set forth in the table below and calculated as follows. To calculate the guaranteed amount of kWh for an applicable two-year period (“Guaranteed kWh”) we will take the applicable year’s Total kWh in the chart below minus the Total kWh from two years prior, also as indicated in the chart below: Year Guaranteed kWh Total kWh Guaranteed Price/kWh 2 16,332 0.16754 29,969 29,969 0.16386 4 32,502 0.17918 29,671 59,640 0.17186 6 48,510 0.19164 29,374 89,014 0.18025 8 64,358 0.20496 29,082 118,096 0.18905 10 80,048 0.21921 28,791 146,887 0.19828 12 95,582 0.23444 28,505 175,392 0.20796 14 110,961 0.25074 28,219 203,611 0.21811 16 126,186 0.26817 27,939 231,550 0.22876 18 141,259 0.28681 27,660 259,210 0.23993 20 156,183 0.30674 DocuSign Envelope ID: 4DA869EF-3722-4896-B799-CB24B753800827,383 286,593 0.25165

Appears in 1 contract

Samples: Agreement

Power Production Guarantee. opy opy SolarCity guarantees that during the Lease Term the System will generate kilowatt-hours (kWh) as set forth in the table below and calculated as follows. To calculate the guaranteed amount of kWh for an applicable two-year period (“Guaranteed kWh”) we will take the applicable year’s Total kWh in the chart below minus the Total kWh from two years prior, also as indicated in the chart below: Year Total kWh Guaranteed Price/kWh 2 16,332 0.16754 7,896 0.14994 4 32,502 0.17918 15,714 0.16036 6 48,510 0.19164 23,454 0.17151 8 64,358 0.20496 31,116 0.18343 10 80,048 0.21921 38,702 0.19618 12 95,582 0.23444 46,213 0.20982 14 110,961 0.25074 53,648 0.22440 16 126,186 0.26817 61,009 0.24000 18 141,259 0.28681 68,297 0.25668 20 156,183 0.30674 DocuSign Envelope ID: 4DA869EF-3722-4896-B799-CB24B753800875,512 0.27453 Copy Copy Cop Copy

Appears in 1 contract

Samples: egovplus.ci.newton.ma.us

Time is Money Join Law Insider Premium to draft better contracts faster.