Common use of Reservation Charge Clause in Contracts

Reservation Charge. Utility shall pay UGIES a Reservation Charge during the Primary Term, as follows: Primary Term Annual Charge November 2015 through March 2016 $11,626,572.00 $11,399,707.00 November 2017 through March 2018 $11,723,866.00 $14,059,738.00 November 2019 through March 2020 $16,395,610.00 The Reservation Charge above shall be paid in five (5) equal installments of due on November 1, December 1, January 1, February 1, and March 1, during each year of the Primary Term, as follows: Primary Term Monthly Installment Charge November 2015 through March 2016 $2,325,314.40 $2,279,941.40 November 2017 through March 2018 $2,344,773.20 $2,811,947.60 November 2019 through March 2020 $3,279,122.00

Reservation Charge. Utility shall pay UGIES a Reservation Charge during the Primary Term, as follows: Primary Term Annual Charge November 2015 through March 2016 $11,626,572.00 $11,399,707.00 November 2017 through March 2018 $11,723,866.00 $14,059,738.00 November 2019 through March 2020 $16,395,610.00 The Reservation Charge above shall be paid in five (5) equal installments of due on November 1, December 1, January 1, February 1, and March 1, during each year of the Primary Term, as follows: Primary Term Monthly Installment Charge November 2015 through March 2016 $2,325,314.40 $2,279,941.40 November 2017 through March 2018 $2,344,773.20 $2,811,947.60 November 2019 through March 2020 $3,279,122.003,279,122.00 The Reservation Charge shall be billed and paid in accordance with Section 6 hereof