Common use of Variable Payment Clause in Contracts

Variable Payment. Subject to the other terms hereof, for each month of the Delivery Term, Buyer shall pay to Seller the Variable Payment determined in accordance with Schedule 5.1 for Delivered Energy and Charging Energy during such month. Buyer shall make Variable Payments monthly in arrears. The Variable Payment (although calculated according to the Delivered Energy and Charging Energy) includes all compensation to Seller for the purchase of all Contract Capacity and Storage Capacity, Contract Energy (except as otherwise provided in Section 7.4(c)(ii)) and Storage Energy, Capacity-Related Benefits (including any ZRCs, other capacity credits and similar rights and benefits), Environmental Attributes and Other Electric Products, and no other or further amount shall be payable by Buyer in connection with such Products.

Appears in 12 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Variable Payment. Subject to the other terms hereof, for each month of the Delivery Term, Buyer shall pay to Seller the Variable Payment determined in accordance with Schedule 5.1 for Delivered Energy and Charging Energy during such month. Buyer shall make Variable Payments monthly in arrears. The Variable Payment (although calculated according to the Delivered Energy and Charging Energy) includes all compensation to Seller for the purchase of all Contract Capacity and Storage Capacity, Contract Energy (except as otherwise provided in Section 4.7 or Section 7.4(c)(ii)) and Storage Energy), Capacity-Related Benefits (including any ZRCs, other capacity credits and similar rights and benefits), Environmental Attributes and Other Electric Products, and no other or further amount shall be payable by Buyer in connection with such Products.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Variable Payment. Subject to the other terms hereof, for each month of the Delivery Term, Buyer shall pay to Seller the Variable Payment determined in accordance with Schedule 5.1 for Delivered Energy and Charging Energy during such month. 44 Buyer shall make Variable Payments monthly in arrears. The Variable Payment (although calculated according to the Delivered Energy and Charging Energy) includes all compensation to Seller for the purchase of all Contract Capacity and Storage Capacity, Contract Energy (except as otherwise provided in Section 7.4(c)(ii)) and Storage Energy, Capacity-Related Benefits (including any ZRCs, other capacity credits and similar rights and benefits), Environmental Attributes and Other Electric Products, and no other or further amount shall be payable by Buyer in connection with such Products.

Appears in 1 contract

Samples: Power Purchase Agreement

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Variable Payment. Subject to the other terms hereof, for each month of the Delivery Term, Buyer shall pay to Seller the Variable Payment determined in accordance with Schedule 5.1 for Delivered Energy and Charging Energy during such month. month.22 Buyer shall make Variable Payments monthly in arrears. The Variable Payment (although calculated according to the Delivered Energy and Charging Energy) includes all compensation to Seller for the purchase of all Contract Capacity and Storage Capacity, Contract Energy (except as otherwise provided in Section 7.4(c)(ii)) and Storage Energy, Capacity-Related Benefits (including any ZRCs, other capacity credits and similar rights and benefits), Environmental Attributes and Other Electric Products, and no other or further amount shall be payable by Buyer in connection with such Products.

Appears in 1 contract

Samples: Power Purchase Agreement

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