Variable O&M Payment Calculation. VOM paymentm = ∑ min (Delivered Energyi, Buyer’s Schedulei) x VOMRy where, ∑ is from i=1 to n ; m = relevant month “m” in which a VOM payment is made; i = the Settlement Interval in month “m” ; n = total number of Settlement Interval in month “m” ; VOMRy = the VOMR in Contract Year “y” corresponding to month “m”. An example of the VOM payment calculation is provided in Appendix XVIII.
Appears in 2 contracts
Sources: Tolling Power Purchase Agreement, Tolling Power Purchase Agreement