Common use of Standard Capacity Product Clause in Contracts

Standard Capacity Product. Allocation of Availability Incentive Payments and Non-Availability Charges. If the Generating Facility is subject to the terms of the Availability Standards, Non-Availability Charges, and Availability Incentive Payments as contemplated under the CAISO Tariff, any Availability Incentive Payments will be for the benefit of Seller and for Seller’s account and any Non-Availability Charges will be the sole responsibility of Seller and for Seller’s account.

Appears in 3 contracts

Samples: Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement, Renewable Power Purchase and Sale Agreement

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Standard Capacity Product. Allocation of Availability Incentive Payments and Non-Availability Non‐Availability Charges. If the Generating Facility is subject to the terms of the Availability Standards, Non-Availability Non‐Availability Charges, and Availability Incentive Payments as contemplated under the CAISO Tariff, any Availability Incentive Payments will be for the benefit of Seller and for Seller’s account and any Non-Availability Non‐Availability Charges will be the sole responsibility of Seller and for Seller’s account.

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

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Standard Capacity Product. Allocation of Availability Incentive Payments and Non-Availability Charges. If the Generating Facility is subject to the terms of the Availability Standards, Non-Availability Charges, and Availability Incentive Payments as contemplated under the CAISO Tariff, any Availability Incentive Payments will be for the benefit of Seller and for Seller’s account and any Non-Availability Charges will be the sole responsibility of Seller and for Seller’s account.account.‌

Appears in 1 contract

Samples: Renewable Power Purchase and Sale Agreement

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