Purchase and Sale of Thermal Energy Clause Samples
Purchase and Sale of Thermal Energy. (a) Corix will sell Energy Services only at rates based on a Cost of Service approach, consistent with the rate design and rate setting principles set out in the Project Plan, and with a distinct tariff, applicable in all Development Areas, for each class of NDES Customer, all as approved by the BCUC and otherwise on the terms and conditions of service approved by the BCUC.
(b) Corix will perform all metering, billing, collecting and other customer service functions associated with the operation and maintenance of the NDES.
Purchase and Sale of Thermal Energy. 6.1. Purchase and Sale of Thermal Energy. Commencing on the Service Commencement Date and continuing thereafter throughout the Term of this Agreement, Seller will produce and deliver for sale to Buyer, and Buyer will purchase and receive from Seller, all of Buyer's Thermal Energy requirements for Buyer's Facilities. Such Thermal Energy requirements will be produced by Seller from the Thermal Energy Production Facilities; provided, however, that Seller, at its sale reasonable discretion, may provide such Thermal Energy requirements from a centralized thermal energy plant to be owned and operated by Seller or an affiliate thereof, in which event Seller will maintain the Thermal Energy Production Facilities in a stand-by condition for the Term of the Agreement. Provided Buyer's Thermal Energy requirements do not exceed the levels of contract capacity specified in Schedule 7.1 attached hereto on more than two (2) occasions within any two (2) consecutive billing periods or in any Billing Month within two (2) consecutive calendar years, the costs thereof shall be as set forth in Schedule 7.1. Subject to the provisions of Section 7.2 hereof which shall control in the circumstances described therein, if Buyer's Thermal Energy requirements exceed the levels of contract capacity specified in Schedule 7.1 on more than two (2) occasions within any two (2) consecutive billing periods, the contract capacity specified in Schedule 7.1 shall be increased to the maximum quantity of capacity delivered to Buyer and the cost thereof shall be as set forth in Schedule 7.1.
Purchase and Sale of Thermal Energy. 6.1 Purchase and Sale of Thermal Energy. Commencing on the Service Commencement Date and continuing thereafter throughout the Term, Marina will produce and deliver for sale to Resorts, and Resorts will purchase and receive from Marina, all of Resorts' Thermal Energy Requirements for the Site that meets the Thermal Energy Standards as defined in Schedule 1. Marina will not deliver any Thermal Energy produced at the Production Facilities to any person or entity other than Resorts unless approved by Resorts in writing, which approval may be withheld in Resorts' sole discretion.