Common use of Fixed On-Going Charge Payment Clause in Contracts

Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. The Project’s Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual On-Going Charge Factor shall be calculated annually each July based on the Company’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1.

Appears in 11 contracts

Samples: Interconnection Agreement, Interconnection Agreement, Interconnection Agreement

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Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer Developer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Owner Attachment Facility and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. All payments due to be made by the Interconnection Customer Developer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. The Project’s Gross Connecting Transmission Owner’s Interconnection Attachment Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual On-Going Charge Factor shall be calculated annually each July based on the CompanyConnecting Transmission Owner’s most recent recently filed FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c1)(a)(b) and (c) in O&M Attachment 1.

Appears in 11 contracts

Samples: Small Generator Interconnection Agreement, Small Generator Interconnection Agreement, Small Generator Interconnection Agreement

Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Owner Interconnection Facilities Facility and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. The Project’s Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the CompanyConnecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1.

Appears in 8 contracts

Samples: Interconnection Agreement, Agreement, Interconnection Agreement

Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer Developer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Owner Attachment Facility and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. All payments due to be made by the Interconnection Customer Developer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. The Project’s Gross Connecting Transmission Owner’s Interconnection Attachment Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operationthe effective date of the agreement. The Annual On-Going Charge Factor shall be calculated annually each July based on the CompanyConnecting Transmission Owner’s most recent recently filed FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c1)(a)(b) and (c) in O&M Attachment 1.

Appears in 6 contracts

Samples: Large Generator Interconnection Agreement, Service Agreement, Large Generator Interconnection Agreement

Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Owner Attachment Facility and the Annual Transmission Ongoing Charge Factor, Factor for the term of this Interconnection Agreement. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. The Project’s Gross Connecting Transmission Owner’s Interconnection Attachment Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operationthe effective date of this Agreement. The Annual On-Going Charge Factor shall be calculated annually each July based on the CompanyConnecting Transmission Owner’s most recent recently filed FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c1)(a)(b) and (c) in O&M Attachment 1.

Appears in 6 contracts

Samples: Interconnection Agreement, Large Generator Interconnection Agreement, Interconnection Agreement

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Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Facilities Owner Attachment Facility and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. All payments due to be made by the Interconnection Customer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. The Project’s Gross Connecting Transmission Owner’s Interconnection Attachment Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the Company’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1.

Appears in 5 contracts

Samples: Service Agreement, Service Agreement, Standard Small Generator Interconnection Agreement

Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer Developer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Owner Interconnection Facilities Facility and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. All payments due to be made by the Interconnection Customer Developer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. The Project’s Gross Connecting Transmission Owner’s Interconnection Facilities Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the CompanyConnecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1.

Appears in 2 contracts

Samples: Service Agreement, Service Agreement

Fixed On-Going Charge Payment. The Connecting Transmission Owner will invoice and Interconnection Customer Developer shall pay an annual payment to the Connecting Transmission Owner equal to the product of the Gross Plant Investment associated with the Connecting Transmission Owner’s Interconnection Owner Attachment Facilities and the Annual Transmission Ongoing Charge Factor, for the term of this Interconnection Agreement. All payments due to be made by the Interconnection Customer Developer shall be made within thirty (30) days after receiving an invoice from the Connecting Transmission Owner. The Project’s Gross Connecting Transmission Owner’s Interconnection Attachment Facilities Gross Plant Investment cost shall be established in writing by the Connecting Transmission Owner no later than 90 days following commercial operation. For purposes of his Agreement, Gross Plant Investment shall mean the investment from the plant account records associated with the Connecting Transmission Owner’s Attachment Facilities for the Large Generating Facility. The Annual Transmission On-Going Charge Factor shall be calculated annually each July based on the CompanyConnecting Transmission Owner’s most recent FERC Form 1 data and will equal the sum of the Revenue Requirement Components as identified on in O&M Attachment 1 divided by the Total Gross Plant of the Connecting Transmission Owner. Total Gross Plant shall equal the sum of Item Nos. A (1)(a)(b)(c) in O&M Attachment 1.

Appears in 1 contract

Samples: Service Agreement

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