Base Block Capital Costs Recovery Calculation Based On Base Block Energy Clause Samples

Base Block Capital Costs Recovery Calculation Based On Base Block Energy. The Base Block Capital Costs Recovery in each Operating Year, in dollars, is calculated prior to the Commissioning Date in the first instance (and subject to subject to Section 4 of this Schedule 1) as: • The Base Block Energy value in each such Operating Year (in GWh); times • The Base Block Capital Supply Price applicable to such Operating Year (in dollars per MWh); times • 1,000; and • The amount attributable to a given month within the Operating Year is this value divided by the number of months in that Operating Year. Algebraically (and before consideration of the provisions of Section 4 of this Schedule 1): BBCCRy = BBy x BBCSPy x 1,000; and BBCCRm = BBCCRy ÷ My

Related to Base Block Capital Costs Recovery Calculation Based On Base Block Energy

  • Price Adjustments for OGS Centralized Contracts Periodic price adjustments will occur no more than twice per year on a schedule to be established solely by OGS. Pricing offered shall be fixed for the first twelve (12) months of the Contract term. Such price increases will only apply to the OGS Centralized Contracts and shall not be applied retroactively to Authorized User Agreements or any Mini-bids already submitted to an Authorized User. Price decreases may be made at any time. Additionally, some price decreases shall be calculated in accordance with Appendix B, section 17, Pricing.

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  • Payments of Post-Closing Adjustment Except as otherwise provided herein, any payment of the Post-Closing Adjustment, together with interest calculated as set forth below, shall (A) be due (x) within five (5) Business Days of acceptance of the applicable Closing Working Capital Statement or (y) if there are Disputed Amounts, then within five (5) Business Days of the resolution described in clause (v) above; and (B) be paid by wire transfer of immediately available funds to such account(s) as is directed by Buyer or Sellers, as the case may be.