Amount Payable. The amount payable by the Buyer to Seller in a month shall be: The product of (a) the Delivered Energy for Default Service to the Large Customer Group and (b) Large Customer Group Contract Rate in the month plus, The product of (a) the Delivered Energy for Default Service to the Small Customer Group and (b) Small Customer Group Contract Rate in the month plus, the product of (a) the number Class I NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment plus, the product of (a) the number Class I Thermal NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment plus, the product of (a) the number Class II NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment plus the product of (a) the number of Class III NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment plus, the product of (a) the number of Class IV NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment less, the product of (a) the Class I RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less, the product of (a) the Class I Thermal RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less, the product of (a) the Class II RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less the product of (a) the Class III RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less, the product of (a) the Class IV RPS Requirement in a month and (b) the applicable Alternative Compliance Payment. [To be determined consistent with each transaction] [To be determined for each Transaction] Exposure shall be calculated in accordance with Paragraph 3 of the CSA, subject to the conditions and definitions below.
Appears in 3 contracts
Sources: Master Power Agreement, Master Power Agreement, Master Power Agreement
Amount Payable. The amount payable by the Buyer to Seller in a month shall be: The product of (a) the Delivered Energy for Default Service to the Large Customer Group and (b) Large Customer Group Contract Rate in the month plus, The product of (a) the Delivered Energy for Default Service to the Small Customer Group and (b) Small Customer Group Contract Rate in the month plus, the product of (ac) the number Class I NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus, the product of (a) the number Class I Thermal NEPOOL-GIS Certificates delivered in a month and (b) the applicable Alternative Compliance Payment plus, the product of (ac) the number Class II NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus the product of (ae) the number of Class III NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus, the product of (ae) the number of Class IV NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment less, the product of (ae) the Class I RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment less, the product of (ae) the Class I Thermal II RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment less the product of (e) the Class III RPS Requirement in a month and (d) the applicable Alternative Compliance Payment less, the product of (a) the Class II RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less the product of (a) the Class III RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less, the product of (ae) the Class IV RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment. [To be determined consistent with each transaction] [To be determined for each Transaction] Exposure shall be calculated in accordance with Paragraph 3 of the CSA, subject to the conditions and definitions below.
Appears in 1 contract
Sources: Master Power Agreement
Amount Payable. The amount payable by the Buyer to Seller in a month shall be: :
(i) The product of (a) the Delivered Energy for Default Service to the Large Residential Customer Group in the NEMA Load Zone and (b) Large Customer Group Residential Contract Rate for the NEMA Load Zone in the month month, plus,
(ii) The product of (a) the Delivered Energy for Default Service to the Small Commercial Customer Group in the NEMA Load Zone and (b) Small Commercial Contract Rate for the NEMA Load Zone in the month, plus
(iii) The product of (a) the Delivered Energy for Default Service to the Industrial Customer Group in the NEMA Load Zone and (b) Industrial Contract Rate for the NEMA Load Zone in the month month, plus
(iv) The product of (a) the Delivered Energy for Default Service to the Residential Customer Group in the SEMA Load Zone and (b) Residential Contract Rate for the SEMA Load Zone in the month, plus
(v) The product of (a) the Delivered Energy for Default Service to the Commercial Customer Group in the SEMA Load Zone and (b) Commercial Contract Rate for the SEMA Load Zone in the month, plus
(vi) The product of (a) the Delivered Energy for Default Service to the Industrial Customer Group in the SEMA Load Zone and (b) Industrial Contract Rate for the SEMA Load Zone in the month, plus
(vii) The product of (a) the Delivered Energy for Default Service to the Residential Customer Group in the WCMA Load Zone and (b) Residential Contract Rate for the WCMA Load Zone in the month, plus
(viii) The product of (a) the Delivered Energy for Default Service to the Commercial Customer Group in the WCMA Load Zone and (b) Commercial Contract Rate for the WCMA Load Zone in the month, plus
(ix) The product of (a) the Delivered Energy for Default Service to the Industrial Customer Group in the WCMA Load Zone and (b) Industrial Contract Rate for the WCMA Load Zone in the month, plus
(x) The product of (a) the number of RPS Class I NEPOOL-GIS Certificates delivered in a month the month, not to exceed the Aggregate RPS Requirement and (b) the applicable Alternative Compliance Payment Rate, plus, the
(xi) The product of (a) the number of RPS Class I Thermal Solar Carve-Out NEPOOL-GIS Certificates delivered in a month the month, not to exceed the Aggregate RPS Requirement and (b) the applicable Alternative Compliance Payment Rate, plus, the
(xii) The product of (a) the number of RPS Class I Solar Carve-Out II NEPOOL-GIS Certificates delivered in a month the month, not to exceed the Aggregate RPS Requirement and (b) the applicable Alternative Compliance Payment plus the Rate, plus
(xiii) The product of (a) the number of RPS Class III II NEPOOL-GIS Certificates delivered in a month the month, not to exceed the Aggregate RPS Requirement and (b) the applicable Alternative Compliance Payment Rate, plus, the
(xiv) The product of (a) the number of RPS Class IV II Waste Energy NEPOOL-GIS Certificates delivered in a month the month, not to exceed the Aggregate RPS Requirement and (b) the applicable Alternative Compliance Payment lessRate, the plus
(xv) The product of (a) the Class I RPS number of APS NEPOOL-GIS Certificates delivered in the month, not to exceed the Aggregate APS Requirement in a month and (b) the applicable Alternative Compliance Payment Rate, less, the
(xvi) The product of (a) the RPS Class I Thermal RPS Requirement in a month and (b) the applicable Alternative Compliance Payment Rate, less, the
(xvii) The product of (a) the RPS Class II RPS I Solar Carve-Out Requirement in a month and (b) the applicable Alternative Compliance Payment less the Rate, less
(xviii) The product of (a) the RPS Class III RPS I Solar Carve-Out II Requirement in a month and (b) the applicable Alternative Compliance Payment Rate, less, the
(xix) The product of (a) the RPS Class IV RPS II Renewable Generation Requirement in a month and (b) the applicable Alternative Compliance PaymentPayment Rate, less
(xx) The product of (a) the RPS Class II Waste Energy Generation Requirement and (b) the applicable Alternative Compliance Payment Rate, less
(xxi) The product of (a) the APS Requirement and (b) the applicable Alternative Compliance Payment Rate. [To be determined consistent with each transaction] [To be determined for each Transaction] Exposure shall be calculated in accordance with Paragraph 3 of the CSA, subject to the conditions and definitions below.]
Appears in 1 contract
Sources: Master Power Agreement
Amount Payable. The amount payable by the Buyer to Seller in a month shall be: The product of (a) the Delivered Energy for Default Service to the Large Customer Group and (b) Large Customer Group Contract Rate in the month plus, The product of (a) the Delivered Energy for Default Service to the Small Customer Group and (b) Small Customer Group Contract Rate in the month plus, the product of (ac) the number Class I NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus, the product of (ac) the number Class I Thermal NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus, the product of (ac) the number Class II NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus the product of (ae) the number of Class III NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment plus, the product of (ae) the number of Class IV NEPOOL-GIS Certificates delivered in a month and (bd) the applicable Alternative Compliance Payment less, the product of (ae) the Class I RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment less, the product of (ae) the Class I Thermal RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment less the product of (e) the Class II RPS Requirement in a month and (d) the applicable Alternative Compliance Payment less the product of (e) the Class III RPS Requirement in a month and (d) the applicable Alternative Compliance Payment less, the product of (a) the Class II RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less the product of (a) the Class III RPS Requirement in a month and (b) the applicable Alternative Compliance Payment less, the product of (ae) the Class IV RPS Requirement in a month and (bd) the applicable Alternative Compliance Payment. [To be determined consistent with each transaction] [To be determined for each Transaction] Exposure shall be calculated in accordance with Paragraph 3 of the CSA, subject to the conditions and definitions below.
Appears in 1 contract
Sources: Master Power Agreement