Annual Contract Price for FCM definition
Annual Contract Price for FCM refers to the $/kW amount bid by the Supplier in the RFP to be settled against the FCM, as specified in Section 6.2 for each Contract Year of the Agreement.
Examples of Annual Contract Price for FCM in a sentence
The “Monthly Contract Price for FCM” shall be denominated in $/kW-month and shall be equal to 1/12th of the Annual Contract Price for FCM (pro-rated for any partial months during the Term) for the Contract Year for the relevant calendar month, as specified in the table in Section 6.2(b) of this Agreement.
The “Monthly Contract Price for FCM” shall be denominated in $/kW-month and shall be equal to 1/12th of the Annual Contract Price for FCM (pro-rated for any partial months during the Term) for the Contract Year for the relevant calendar month, as specified in the table in Section 6.2.