Examples of Monthly Billing Period in a sentence
In the event Seller timely makes the election described in Section 4.3, each Buyer shall pay Seller for Test Energy generated prior to the Commercial Operation Date by making a monthly payment due and payable in each Monthly Billing Period in accordance with the invoicing procedures set forth in Section 9.1, equal to the product of the LG&E Percentage or the KU Percentage (as applicable) of: (a) $20.00/MWh; and (b) the amount of Test Energy (MWh) delivered during that Month.
Nuance will provide a root cause analysis to Licensee within fifteen (15) days of the end of each Monthly Billing Period listing each Severity 1 Event, describing time and date for the beginning and end of each Event.
The overage fees for the Hosted Services are based on the number of units in excess of the Committed Usage in the Services Order during the Monthly Billing Period and calculated by this number of excess units multiplied by the Net Unit Price for that Product (the “Overage Fees”).
The calculation of payments to the RF/QF for energy delivered to DEF on and after the Avoided Unit In-Service Date shall be the sum, over all hours of the Monthly Billing Period, of the product of (a) each hour's Firm Energy Rate (¢/kWh); and (b) the amount of energy (kWh) delivered to DEF from the Facility during that hour.
Nuance shall use commercially reasonable efforts to maintain the Hosted Service System Availability at or above 99.9% during each Monthly Billing Period.