Common use of Availability Charges Clause in Contracts

Availability Charges. If the Facility is subject to the terms of the Availability Standards, Non-Availability Charges, and Availability Incentive Payments as contemplated under Section 40.9 of the CAISO Tariff, any Availability Incentive Payments will be for the benefit of Seller and for Seller’s account and any Non-Availability Charges will be the responsibility of Seller and for Seller’s account.

Appears in 23 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

Availability Charges. If the Facility is subject to the terms of the Availability Standards, Non-Availability Charges, and Availability Incentive Payments as contemplated under Section 40.9 of the CAISO Tariff, any Availability Incentive Payments will be for the benefit of Seller and for Seller’s account and any Non-Non- Availability Charges will be the responsibility of Seller and for Seller’s account.

Appears in 3 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement