Opex Payment definition

Opex Payment means the payment calculated in accordance with Condition 8.2 (Opex Payment Calculation);
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Opex Payment means the payment calculated in accordance with schedule 4 (Opex Payment Calculation) to be made by the ICC Contract Counterparty to the Emitter in the circumstances set out in clause 11 (Opex Payment);
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Examples of Opex Payment in a sentence

  • The Strike Price relates to the Opex Payment only and the Initial Strike Price shall be the Strike Price in the Base Year.

  • During the Initial Term, the Fixed Trajectory Reference Price shall be the Reference Price for the purposes of the Opex Payment calculation.

  • The EACF for year 1 of the Opex Payment Period shall be set on a project-by-project basis and agreed during negotiations.

  • The [[] component of the] Opex Payment shall be fully indexed annually by reference to the change in CPI.

  • The rights and obligations of the Parties under clause 10 (Capex Payment), clause 11 (Opex Payment), clause 12 (Billing Statements), clause 13 (Payment Mechanics) and clause 17 (Emitter's Undertakings: Metering) are conditional upon the fulfilment or waiver of the Conditions Precedent and shall commence on the Start Date.

  • The ICC Contract Counterparty shall pay the Opex Payment to the Emitter in accordance with terms of this clause 11 (Opex Payment), clause 12 (Billing Statements) and clause 13 (Payment Mechanics), with effect from the Start Date, with such payment calculated in accordance with schedule 4 (Opex Payment Calculation).

  • The EACFDuring the Initial Term, the Fixed Trajectory Reference Price shall be the Reference Price for year 1the purposes of the Opex Payment Period shall be set on a project-by-project basis and agreed during negotiationscalculation.

  • The Maximum Annual CO2 Capture Quantity will be the greatest mass quantity of CO2 that the Emitter is expected to capture in any of years one (1) to fifteen (15) of the Opex Payment Period, based on the design capacity and projected availability of the Capture Plant.

Related to Opex Payment

  • Delta Payment means as it is described in this Agreement.

  • Tax Payment means either the increase in a payment made by an Obligor to a Finance Party under Clause 12.2 (Tax gross-up) or a payment under Clause 12.3 (Tax indemnity).

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Co-payment means a relatively small amount of money paid by the insured person towards the cost of each day in a private hospital per episode of care, with Latrobe paying the rest of the cost.

  • Upfront Payment has the meaning set forth in Section 8.1.