Annual M&V Fee definition

Annual M&V Fee means a fee payable annually in advance by Customer to Opterra ES, in consideration of the provision of up to Fifteen (15) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be Six Thousand Nine Hundred and Eighty-Three dollars ($6,983.00). The Annual M&V Fee will be increased annually thereafter at the rate of Four percent (4.0%) per annum, each increase to be effective on the first day of the corresponding Measurement Period.
Sample 1
Annual M&V Fee means a fee payable annually in advance by ConFire to OpTerra Energy Services, in consideration of the provision of up to nineteen (19) years of M&V Services, on the terms and subject to the conditions set forth in this Attachment E. Measurement Period Annual M&V Fee 2 Included in Contract Amount 3 (optional) $17,312.83 4 (optional) $17,832.21 5 (optional) $18,367.18 6 (optional) $18,918.19 7 (optional) $19,485.74 8 (optional) $20,070.31 9 (optional) $20,672.42 10 (optional) $21,292.59 11 (optional) $21,931.37 Measurement Period Annual M&V Fee 12 (optional) $22,589.31 13 (optional) $23,266.99 14 (optional) $23,965.00 15 (optional) $24,683.95 16 (optional) $25,424.47 17 (optional) $26,187.20 18 (optional) $26,972.82 19 (optional) $27,782.01
Sample 1Sample 2
Annual M&V Fee means a fee payable annually in advance by Madera to ENGIE Services U.S., in consideration of the provision of up to five (5) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be Thirty-Seven Thousand Three Hundred Thirty-Two Dollars ($37,332.00). The Annual M&V Fee will be increased annually thereafter at the rate of three percent (3%) per annum for the first five (5) Measurement Periods, each increase to be effective on the first day of the corresponding Measurement Period.
Sample 1

Examples of Annual M&V Fee in a sentence

  • After applying such Average Energy Unit Savings for each subsequent Measurement Period and calculating the resulting EC Savings, if the sum of (i) such calculated EC Savings for any future Measurement Period plus (ii) the Annual M&V Fee for such Measurement Period is greater than the Guaranteed Savings for that Measurement Period, then such excess will be Excess Savings and the Savings Guarantee will have been met for that Measurement Period.

  • Annual M&V Fee Guarantee Year 1 ##$## Guarantee Year 2 ##$## Guarantee Year 3 ##$## Guarantee Year 4 ##$## Guarantee Year 5 ##$## In the event University elects, by written notice to ESCO as provided in Schedule B, to revise the initial purchase order or issue a new purchase order to continue M&V Services beyond the fifth Guarantee Year, the M&V Services Fee for Guarantee Year 6 and beyond shall be ##$##.

  • Customer, or its designee, will pay Opterra ES such Annual M&V Fee, without any retention amount withheld, within thirty (30) calendar days after its receipt of the corresponding invoice.

  • All friends of peace in the whole world should protest against these inhuman sentences and demand the revision of the sentence.It is a remarkable awakening in the Western world, this peacemovement.

  • If such sum of (i) calculated EC Savings for any future Measurement Period plus (ii) the Annual M&V Fee for such Measurement Period is less than the Guaranteed Savings for that Measurement Period, then ENGIE Services U.S. will apply Accumulated Savings then outstanding to determine whether there is a Guarantee Shortfall for that Measurement Period.

  • In consideration of the payment of the Annual M&V Fee, and upon the terms and subject to the conditions set forth herein, ENGIE Services U.S. warrants that District will realize total EC Savings during the Energy Savings Term of not less than the total Guaranteed Savings (the “Savings Guarantee”), as the same may be adjusted from time to time for changes in Energy Rate Factors, Energy Use Factors and consequential revisions to the relevant Baseline.

  • Unless ConFire gives OpTerra Energy Services prior written notice of its intent to terminate the M&V Services, any failure to timely pay the Annual M&V Fee in accordance with this Attachment E, Section (II)(H) will be a material default by ConFire under the Contract, and OpTerra Energy Services, in addition to any other legal, contractual and equitable remedies available to it, will have no obligation thereafter to perform M&V Services or to make Guarantee Payments.

  • In consideration of the payment of the Annual M&V Fee, and upon the terms and subject to the conditions set forth herein, OpTerra Energy Services warrants that Merced County will realize total EC Savings during the Energy Savings Term of not less than the total Guaranteed Savings (the “Savings Guarantee”), as the same may be adjusted from time to time for changes in Energy Rate Factors, Energy Use Factors and consequential revisions to the relevant Baseline.

  • If such sum of (i) calculated EC Savings for any future Measurement Period plus (ii) the Annual M&V Fee for such Measurement Period is less than the Guaranteed Savings for that Measurement Period, then OpTerra Energy Services will apply Accumulated Savings then outstanding to determine whether there is a Guarantee Shortfall for that Measurement Period.

  • ConFire, or its designee, will pay OpTerra Energy Services such Annual M&V Fee, without any retention amount withheld, within forty-five (45) calendar days after its receipt of the corresponding invoice.


More Definitions of Annual M&V Fee

Annual M&V Fee means a fee payable annually in advance by Manhattan Beach USD to Chevron Energy Solutions, in consideration of the provision of up to five (5) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be $18,348. The Annual M&V Fee will be increased annually thereafter at the rate of four percent (4.0%) per annum, each increase to be effective on the first day of the corresponding Measurement Period.
Sample 1
Annual M&V Fee means a fee payable annually in advance by MRY to OpTerra Energy Services, in consideration of the provision of up to five (5) years of M&V Services. The Annual M&V Fee for the second Measurement Period will be Seventeen Thousand Four Hundred Eighty-Five Dollars ($17,485). The Annual M&V Fee will be increased annually thereafter at the rate of three percent (3%) per annum, each increase to be effective on the first day of the corresponding Measurement Period.
Sample 1
Annual M&V Fee means a fee payable annually in advance by Firebaugh to ENGIE Services U.S., in consideration of the provision of up to five (5) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be Eight Thousand One Hundred Dollars ($8,100.00). The Annual M&V Fee will be increased annually thereafter at the rate of three percent (3%) per annum for the first five (5) Measurement Periods, each increase to be effective on the first day of the corresponding Measurement Period. The Annual M&V Fee for each Measurement Period after the fifth (5th) Measurement Period will be negotiated in good faith by the Parties, not later than ninety (90) days prior to the end of the preceding Measurement Period, on the basis of then-prevailing market rates for, e.g., labor and equipment.
Sample 1
Annual M&V Fee means a fee payable annually in advance by Dublin USD to ENGIE Services U.S., in consideration of the provision of up to five (5) years of M&V Services. The Annual M&V Fee for the first Measurement Period will be $24,570. The Annual M&V Fee will be increased annually thereafter at the rate of three percent (3%) per annum, each increase to be effective on the first day of the corresponding Measurement Period.
Sample 1

Related to Annual M&V Fee

  • Annual Fee has the meaning stated in Section 4.02(a).

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Retainer Fee means Fees prepaid by Client for Services. If Client has paid a Retainer Fee, IHS will deduct from that Retainer Fee any Fees owed for any Fixed, Time-Based, or Unit-Based Services.

  • Annual Bonus shall have the meaning set forth in Section 4(b) below.

  • Booking Fee is the fee an Agency charges for scheduling Sign Language Interpreters.

  • License Fee means the amount payable by the licensee to DMRC as per rates offered by the Selected Bidder for utilization of licensed space and accepted by DMRC to be paid by the Licensee along with other charges and any kind of Central or State Taxes, local levies, statutory dues, etc. that may be payable by the licensee as per prevalent law.

  • Annual means per insurance year.