Thermal Services Charge definition

Thermal Services Charge has the meaning given that term in Exhibit “A” to the CEA.
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Thermal Services Charge means, for any given Billing Month, the sum of the charges described in a Thermal Services Rate Design attached to a Thermal Services Agreement related to a Covered Facility.
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Examples of Thermal Services Charge in a sentence

  • The Thermal Services Charges have been established by subtracting the Rent Payment from the Base Thermal Services Charge.

  • In no event shall the Liquidated Damages within a single Service Year exceed the total Thermal Services Charge within the same Service Year.

  • Without limiting the generality of the foregoing, for each Billing Month, the Thermal Services Charge shall be paid by the State on its due date, without offset or deduction, and regardless of whether a Thermal Services Invoice has been received by the State, by wire or ACH transfer of immediately available funds directly to the Lockbox, or as otherwise directed in writing by BREP’s Financier.

  • The Base Thermal Services Charge shall be established by using the estimated Thermal Services consumption of the Covered Facility(ies) under the applicable Thermal Services Agreement and the market firm and non-firm rates for Thermal Services used to establish the Lease Value.

  • The net payment due from a State Entity under a Thermal Services Agreement shall be equal to the Thermal Services Charge for the applicable Covered Facility(ies) minus the Third Party Off-taker Purchased Utility Cost Reimbursement.

  • The State acknowledges that the Off-taker Purchased Utility Cost Reimbursement will not reduce the monthly amount of the Thermal Services Charge, and instead will be due and payable from BREP as set forth in a Thermal Services Invoice, calculated in accordance with Exhibit “D” attached hereto.

  • BREP acknowledges that the Base Thermal Services Charge owed by the State will be reduced by the monthly amount of the Base Rent owed by BREP pursuant to the ▇▇▇▇ Center Plant Lease to arrive at the amount of the Thermal Services Charge.

  • The Thermal Services Charge shall be equal to the Base Thermal Services Charge less the Rent Payment.