Settlement Amounts. The Calculation Agent shall use Hourly PTID Volumes (i) for the purpose of determining the Floating Price (the “Floating Price Purpose”) and (ii) for the purpose of multiplying it by the Floating Price to determine (x) the Settlement Amount or (y) the additional payments described in the “Other Tracking Account Adjustments and Additional Payments” provision hereof (collectively, the “Settlement Amount Purposes”). For any Calculation Period, the Calculation Agent shall determine Hourly PTID Volume in accordance with the following:
Appears in 2 contracts
Sources: Confirmation (Noble Environmental Power LLC), Confirmation (Noble Environmental Power LLC)