Purchase and Sale of Energy. Commencing January 3, 2003, Seller shall sell and deliver, or cause to be sold and delivered, and the Department shall purchase and receive, or cause to be purchased and received, the Energy at the Delivery Point, and the Department shall pay the Seller the Purchase Price. Seller will not use the CAISO Imbalance Energy market to provide Energy hereunder except in the circumstance where Seller has scheduled Energy from the Facility and the Facility trips off line. For each MWh of energy delivered to the Department and supplied by the Imbalance Energy market, Department will pay the Seller the lesser of the CAISO Imbalance Energy price or the Purchase Price. The Imbalance Energy price shall not include any penalties that may be imposed by CAISO. The Department’s obligation to purchase at the Purchase Price in any hour shall be limited to the lower of the contract Delivery Rate specified in Appendix A or the hourly scheduled delivery rate. Energy deliveries hereunder shall be on an hourly basis. In no event shall Seller over generate in any hour to meet the sales obligations arising during any other hour. Any unexcused failure to deliver Energy, including any failure to deliver for economic reasons, shall be an Event of Default. The Seller shall be responsible for any costs or imbalance charges imposed on or associated with the Energy up to the Delivery Point. The Department shall be responsible for any costs or charges imposed on or associated with the Energy or its receipt at and from the Delivery Point. In no event shall the Seller have the right to procure electric energy from sources other than the Facility for sale and delivery pursuant to this Agreement. The Seller shall ensure that the Seller’s Scheduling Coordinator directs the CAISO to deliver the Generating Plant’s monthly electric revenue meter data to the Department with the monthly invoice. In addition, Seller shall not generate energy from fossil fuels or non-renewable resources for the purpose of selling Energy to Buyer under this Agreement.
Purchase and Sale of Energy. 4.3.1 Subject to the terms and conditions of this Agreement, the Seller undertakes to sell to the Procurer, and the Procurer undertakes to purchase and pay the Tariff (de facto “Take-or-Pay” (for full face value) basis), as documented in Schedule VIII, for the total net Available Energy of the Power Station, generated and delivered at any time throughout the term of this Agreement. Initials: __________ Initials: __________ Strictly Confidential Property of BioCrude Technologies, Inc. 10
Purchase and Sale of Energy. Seller shall sell and deliver, or cause to be sold and delivered, and Department shall purchase and receive, or cause to be purchased and received, the Energy at the Delivery Point, and Department shall pay Seller the Purchase Price. Seller may provide the Energy from any Project, Market Source or combination of Projects and/or Market Sources and may deliver Energy at any Delivery Point or combination of Delivery Points. Seller shall be responsible for any costs or charges imposed on or associated with the Energy up to the Delivery Point. Department shall be responsible for any costs or charges imposed on or associated with the Energy or its receipt at and from the Delivery Point.
Purchase and Sale of Energy. 31 4.1 Commissioning Period Block 31 4.2 Base Block Energy 32 4.3 Supplemental Block Energy 33 4.4 Ancillary Services 33 4.5 External Market Energy Sales 33 4.6 Risk and Responsibility 34 4.7 GHG Emissions and Credits 35 4.8 Effect of Service Interruption 35 4.9 Title 35
Purchase and Sale of Energy. 10 6.1 Sale and Purchase of Energy 10 6.2 Exclusivity 11
Purchase and Sale of Energy. Seller shall make available to Buyer, and Buyer shall take delivery of and purchase all Energy Output for the duration of the Term.
Purchase and Sale of Energy. 15 7.1 Energy 15 7.2 Testing and Test Energy 15 7.3 Levelized Payments 16
Purchase and Sale of Energy a) Subject to, and in accordance with, the terms and conditions of this Agreement, the Customer shall sell and deliver to NSPI, and NSPI shall purchase and take delivery at the Delivery Point, the electrical energy delivered to the Distribution System by the Customer’s Facility, including the environmental attributes associated with its manner of generation. Such electrical energy and the associated attributes shall be sold and delivered by the Customer to NSPI free of any liens, encumbrances or adverse claims.
Purchase and Sale of Energy. 22 2.1 Purchase and Sale of Energy During Initial Term 22 2.2 Title, Ownership Risk and Responsibility 22 2.3 GHG Emissions and Credits 22 2.4 Safety 23 2.5 Planned Maintenance Periods 23 2.6 [Intentionally deleted] 23 2.7 Subsequent Term(s) 23
Purchase and Sale of Energy
