Examples of Paid Curtailed Product in a sentence
In any Contract Year, if the amount of Delivered Energy and Paid Curtailed Product exceeds one hundred twenty percent (120%) of the annual Contract Quantity the Contract Price for such Delivered Energy in excess of such one hundred twenty percent (120%) shall be adjusted to be seventy-five percent (75%) of the applicable Contract Price.
Buyer shall pay Seller the Contract Price for the Product Seller would have been able to deliver but for the fact that Buyer issued a Curtailment Order (“Paid Curtailed Product”); provided, Buyer shall have no obligation to pay Seller the Contract Price for any Product that, if delivered would have been Surplus Delivered Energy, and any such Product shall not be Paid Curtailed Product.
The Fuel Use Default Payment is calculated by the number of MWhs of Delivered Energy and Paid Curtailed Product provided by the Seller to Buyer from January 1 of the applicable Calendar Year(s) to the Early Termination Date multiplied by the difference between (a) $199.72/MWh adjusted for XXX Factors and (b) the Contract Price adjusted for XXX Factors.
The Fuel Use Default Payment is calculated by the number of MWhs of Delivered Energy and Paid Curtailed Product provided by the Seller to Buyer from January 1 of the applicable Calendar Year(s) to the Early Termination Date multiplied by the difference between (a) $199.72/MWh adjusted for TOD Factors and (b) the Contract Price adjusted for TOD Factors.
In any Contract Year, if the amount of Delivered Energy and Paid Curtailed Product exceeds one hundred twenty percent (120%) of the annual Contract Quantity amount, the Contract Price for such Delivered Energy in excess of such one hundred twenty percent (120%) shall be adjusted to be seventy-five percent (75%) of the applicable Contract Price.
Throughout the Delivery Term, Seller shall be required to deliver to Buyer no less than the Guaranteed Energy Production over two (2) consecutive Contract YearsForm 14-970 30during the Delivery Term (including, for purposes of this Section 11, Paid Curtailed Product) (“Performance Measurement Period”).
Monthly payments for Product delivered to SCE as of the Initial Delivery Date in accordance with the terms of this Agreement (“Product Payments”), will equal the sum of (i) all Product Payments for all periods in the month and (ii) any payments for Paid Curtailed Product, in the month.
C = The sum of Energy recorded by the meter specified in Section 6.2.1 or Check Meter, as applicable, in all hours for the TOD Period being calculated, in kWh. D = Paid Curtailed Product E = Any Energy produced by the Facility for which Buyer is not obligated to pay Seller as set forth in Section 3.7.1.
The Curtailed Product Payment shall equal the sum of all payments for Paid Curtailed Product for which Buyer is obligated to pay Seller pursuant to Section 5 of this Exhibit D.
Buyer shall pay Seller the Contract Price multiplied by the Payment Allocation Factor for the applicable TOD Period multiplied by the Paid Curtailed Product; provided, Buyer shall have no obligation to pay Seller for Product that, if delivered by Seller, would have been Surplus Delivered Energy, and any such Product will not be Paid Curtailed Product.