High Hazard Zone Fuel definition
Examples of High Hazard Zone Fuel in a sentence
If Seller reasonably believes that the Project is incapable of meeting the Minimum High Hazard Zone Fuel Requirement or Seller otherwise elects not to meet Minimum High Hazard Zone Fuel Requirement for any reason, Seller shall promptly notify Buyer in writing, and the Default Energy Price shall apply to Seller’s monthly invoices for the remainder of the Delivery Term.
If the Project does not meet the Minimum High Hazard Zone Fuel Requirement in any Contract Year, the Default Energy Price shall be applicable for the remainder of the Delivery Period, regardless of whether the Project meets future High Hazard Zone Fuel Requirements in subsequent Contract Years of the Delivery Term.
Provide any additional information regarding Seller’s operation or its plan to source fuel during the next Contract Year in compliance with the Minimum High Hazard Zone Fuel Requirement set forth in the Emergency Proclamation.
Through the duration of the Emergency Period, Seller shall utilize High Hazard Zone Fuel, in the minimum thresholds set forth in the below table, to generate Product for sale to SCE and if applicable, Useful Thermal Energy Output from the Generating Facility to serve Site Host Load and Station Use (“Fuel Use”).
Name: Street: City: State: Zip Code: Generation Nameplate (kW): Year: Source(s) of Fuel to be Used: Provide Seller’s plan to procure the High-Hazard Zone Fuel for the next Contract Year, including any available documentation, reasonably sufficient to demonstrate Seller’s compliance with the Minimum High Hazard Zone Fuel Requirement set forth in the Emergency Proclamation.
For any Contract Year that Buyer paid Seller the High-Hazard Zone Fuel Energy Price when the Project did not meet the Minimum High Hazard Zone Fuel Requirement, Seller shall owe Buyer a true-up payment within thirty (30) days of receipt of an invoice for the overpayment amount, or Buyer may elect to set off future payments until such true-up payment has been recovered.
The price for the Bundled Green Energy that is delivered to Buyer in each Contract Year, or partial calendar year as stated in Section 4.6 herein, shall be the: (i) High-Hazard Zone Fuel Energy Price if the Project meets or exceeds the Minimum High Hazard Zone Fuel Requirement, or (ii) Default Energy Price if the Project does not meet the Minimum High Hazard Zone Fuel Requirement (in either case, as applicable, the “Energy Price”) in accordance with the chart below.