Common use of Monthly Payment Clause in Contracts

Monthly Payment. After the applicable Showing Month and in accordance with Article Nine, Buyer shall make a Monthly Payment (or “MP”) to Seller for Product as follows: MPm = (CPm × FQm) – ESm where, CPm = Contract Price for month m; FQm = Confirmed Quantity for month m ESm = Energy Settlement for month m

Appears in 5 contracts

Samples: Guaranty Agreement, Consent and Agreement, Guaranty Agreement

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Monthly Payment. After the applicable Showing Month and in accordance with Article Nine, Buyer shall make a Monthly Payment (or “MP”) to Seller for Product as follows: MPm = (CPm × FQm) – ESm FQm where, CPm = Contract Price for month m; FQm = Confirmed Quantity for month m ESm = Energy Settlement for month m

Appears in 5 contracts

Samples: Guaranty Agreement, Guaranty Agreement, Guaranty Agreement

Monthly Payment. After the applicable Showing Month and in accordance with Article Nine, Buyer shall make a Monthly Payment (or “MP”) to Seller for Product as follows: MPm = (CPm × min (PQm, FQm) – ESm where, CPm = Contract Price for month m; PQm = Payment Quantity for month m; FQm = Confirmed Quantity for month m ESm = Energy Settlement for month m

Appears in 2 contracts

Samples: Consent and Agreement, Consent and Agreement

Monthly Payment. After the applicable Showing Month and in accordance with Article NineEleven, Buyer shall make a Monthly Payment (or “MP”) to Seller for Product as follows: MPm = (CPm × FQm) – ESm CQm where, CPm = Contract Price for month m; FQm CQm = Confirmed Quantity for month m ESm = Energy Settlement m, up to Monthly Contract Amount for month mthe applicable month. Pursuant to Section 3.3, if a Product Transition occurs, then this Section 7.1 shall be replaced in total and for the remainder of the Delivery Term by the alternate Section 7.1 provided in Appendix IX.

Appears in 1 contract

Samples: Behind the Retail Meter Capacity Storage Agreement

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Monthly Payment. After the applicable Showing Month and in accordance with Article Nine, Buyer shall make a Monthly Payment (or “MP”) to Seller for Product as follows: MPm = (CPm × FQm) – ESm where, CPm = Contract Price for month m; FQm = Confirmed Quantity for month m ESm = Energy Settlement for month m

Appears in 1 contract

Samples: Long Term Resource Adequacy Agreement

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