Examples of Option Premium in a sentence
Seller should take this into account when developing the Option Premium.
If the Capacity Payment Discount in respect of any Month exceeds the Option Premium for such Month, there shall be no Option Premium in respect of such Month, and Buyer shall be entitled to no other adjustments as a result of such Availability shortfall.
Notwithstanding the provisions of Section 6.7 of the Master Agreement, the Option Premium will be paid in accordance with Section 6.1 of the Master Agreement.
The compensation to Seller for such sale of Other Associated Electric Products, if elected or required by Buyer, is included in the Option Premium and no further amount shall be payable.
The Option Buyer agrees to pay the Option Premium Amount as may be required pursuant to any such Option Transactions.