Metered Amounts Sample Clauses

Metered Amounts. Seller shall dedicate and convey the entire Metered Amounts throughout the Delivery Term to SCE. Seller shall convey title to and risk of loss of all Metered Amounts to SCE at the Delivery Point.
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Metered Amounts. Seller shall dedicate and convey the entire Metered Amounts throughout the Delivery Term to Anaheim. Seller shall convey title to and risk of loss of all Metered Amounts to Anaheim at the Delivery Point. In the event that no Metered Amounts delivered in a given Calculation Period possess the Green Attributes set forth in California Public Utilities Code Section 399.16 (b) (1) and as evidenced by transfer of WREGIS Certificates to Anaheim, Seller shall compensate Anaheim for acting as Scheduling Coordinator in the manner and amount set forth in EXHIBIT E; provided however, no compensation shall be due until WREGIS has completed its issuance of WREGIS Certificates for a Calculation Period. In connection with the foregoing, Anaheim shall only compensate Seller for such electric energy received at the Delivery Point in an amount equal to the Product Price for the remaining elements of the Product less the value assigned to the Green Attributes as stated in Section 1.07. In the event that WREGIS subsequently issues WREGIS Certificates for Metered Amounts during a Calculation Period, Anaheim shall reimburse Seller the amounts previously charged and paid under EXHIBIT E for Scheduling Coordinator services.
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Metered Amounts. Seller shall dedicate and convey the entire Metered Amounts throughout the Delivery Term to Anaheim. Seller shall convey title to and risk of loss of all Metered Amounts to Anaheim at the Delivery Point. Notwithstanding the foregoing, Anaheim shall have no obligation to take, assume title to or risk of loss of any Metered Amounts to the extent that those Metered Amounts do not possess the Green Attributes set forth in PUC Section 399.16 (b) (1) and as evidenced by transfer of WREGIS Certificates to Anaheim. In the alternative, Anaheim may, in its absolute and sole discretion, take the Metered Amounts and act as Scheduling Coordinator when the Meter Amounts do not possess the Green Attributes set forth in the last sentence of the previous paragraph of this subsection. The foregoing does not toll any termination time period or cure any Event of Default of the Seller. Only upon Anaheim’s election to act as Scheduling Coordinator, Seller shall compensate Anaheim for acting as Scheduling Coordinator as determined in EXHIBIT E. In connection with the foregoing, Anaheim shall compensate Seller for such electric energy, which does not possess Green Attributes, in an amount equal to the CAISO Revenue received by Anaheim, attributable solely to the Project at the Delivery Point to the CAISO-Controlled Grid, less any CAISO Charges, and Anaheim Penalties.
Sample 1
Metered Amounts. Seller shall dedicate and convey the entire Metered Amounts throughout the Delivery Term to Anaheim. Seller shall convey title to and risk of loss of all Metered Amounts to Anaheim at the Delivery Point. In the event that no Metered Amounts delivered in a given Calculation Period possess the Green Attributes set forth in California Public Utilities Code Section 399.16 (b) (1) and as evidenced by transfer of WREGIS Certificates to Anaheim, Seller shall compensate Anaheim for acting as Scheduling Coordinator in the manner and amount set forth in EXHIBIT E; provided however, no compensation shall be due until WREGIS has completed its issuance of WREGIS Certificates for a Calculation Period. In connection with the foregoing, Anaheim shall only compensate Seller for such electric energy received at the Delivery Point in an amount equal to the Product Price for the remaining elements of the Product less the value assigned to the Green Attributes as stated in Section Two.7. In the event that WREGIS subsequently issues WREGIS Certificates for Metered Amounts during a Calculation Period, Anaheim shall reimburse Seller the amounts previously charged and paid under EXHIBIT E for Scheduling Coordinator services. Green Attributes. Seller hereby provides and conveys all Green Attributes associated with all electricity generation from the Project to Anaheim as part of the Product being delivered at the Bus Bar of the Project. Seller represents and warrants that Seller holds the rights, title, and interests to all Green Attributes from the Project, and Seller agrees to convey and hereby conveys all such Green Attributes to Anaheim as included in the delivery of the Product from the Project at the Bus Bar of the Project. For the avoidance of doubt, Green Attributes are measured by WREGIS in accordance with its rules.
Sample 1

Related to Metered Amounts

  • Excess Amounts On any Payment Date, to the extent the sum of the amount on deposit in the Reserve Account plus the amount available under any Letter of Credit exceeds the Required Reserve Amount on any Payment Date, the amount of such excess may be released from the Reserve Account and paid to the Class R Interest on such Payment Date.

  • Basic Carrying Costs Borrower shall have paid all Basic Carrying Costs relating to the Property which are in arrears, including without limitation, (a) accrued but unpaid insurance premiums relating to the Property, (b) currently due and payable Taxes (including any in arrears) relating to the Property, and (c) currently due Other Charges relating to the Property, which amounts shall be funded with proceeds of the Loan.

  • Severability; Maximum Payment Amounts If any provision of this Agreement is prohibited by law or otherwise determined to be invalid or unenforceable by a court of competent jurisdiction, the provision that would otherwise be prohibited, invalid or unenforceable shall be deemed amended to apply to the broadest extent that it would be valid and enforceable, and the invalidity or unenforceability of such provision shall not affect the validity of the remaining provisions of this Agreement so long as this Agreement as so modified continues to express, without material change, the original intentions of the parties as to the subject matter hereof and the prohibited nature, invalidity or unenforceability of the provision(s) in question does not substantially impair the respective expectations or reciprocal obligations of the parties or the practical realization of the benefits that would otherwise be conferred upon the parties. The parties will endeavor in good faith negotiations to replace the prohibited, invalid or unenforceable provision(s) with a valid provision(s), the effect of which comes as close as possible to that of the prohibited, invalid or unenforceable provision(s). Notwithstanding anything to the contrary contained in this Agreement or any other Transaction Document (and without implication that the following is required or applicable), it is the intention of the parties that in no event shall amounts and value paid by the Company and/or any of its Subsidiaries (as the case may be), or payable to or received by any of the Buyers, under the Transaction Documents (including without limitation, any amounts that would be characterized as “interest” under applicable law) exceed amounts permitted under any applicable law. Accordingly, if any obligation to pay, payment made to any Buyer, or collection by any Buyer pursuant the Transaction Documents is finally judicially determined to be contrary to any such applicable law, such obligation to pay, payment or collection shall be deemed to have been made by mutual mistake of such Buyer, the Company and its Subsidiaries and such amount shall be deemed to have been adjusted with retroactive effect to the maximum amount or rate of interest, as the case may be, as would not be so prohibited by the applicable law. Such adjustment shall be effected, to the extent necessary, by reducing or refunding, at the option of such Buyer, the amount of interest or any other amounts which would constitute unlawful amounts required to be paid or actually paid to such Buyer under the Transaction Documents. For greater certainty, to the extent that any interest, charges, fees, expenses or other amounts required to be paid to or received by such Buyer under any of the Transaction Documents or related thereto are held to be within the meaning of “interest” or another applicable term to otherwise be violative of applicable law, such amounts shall be pro-rated over the period of time to which they relate.

  • Calculation of Amounts Binding Effect of Interpretations and Actions of Master Servicer...............................

  • Monthly Payments On or before each Transfer Date, the Servicer shall instruct the Trustee in writing (which writing shall be substantially in the form of Exhibit B hereto) to withdraw and the Trustee, acting in accordance with such instructions, shall withdraw on such Transfer Date or the related Distribution Date, as applicable, to the extent of available funds, the amounts required to be withdrawn from the Finance Charge Account, the Principal Account, the Principal Funding Account and the Distribution Account as follows:

  • Lease Payments No Borrower will, or will permit any Subsidiary to, directly or indirectly, incur or assume (whether pursuant to a Guarantee or otherwise) any liability for rental payments except in the Ordinary Course of Business.

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