CALCULATION OF MONTHLY PAYMENT. 4.1 Calculation of Monthly Payment The “Monthly Payment” shall be an amount, based on the Fixed Capacity Payment and calculated in accordance with Exhibit J. If the Monthly Payment is a positive amount, it shall be payable from the Buyer to the Supplier. If the Monthly Payment is a negative amount, the absolute value of the Monthly Payment shall be payable from the Supplier to the Buyer.
Appears in 9 contracts
Sources: Long Term Capacity Services Contract, Long Term Reliability Services Contract, E Lt 1 Contract
CALCULATION OF MONTHLY PAYMENT.
4.1 Calculation of Monthly Payment The “Monthly Payment” shall be an amount, based on the Fixed Capacity Payment imputed operating and revenue model calculated in accordance with Exhibit J. If the Monthly Payment is a positive amount, it shall be payable from the Buyer to the Supplier. If the Monthly Payment is a negative amount, the absolute value of the Monthly Payment shall be payable from the Supplier to the Buyer.
Appears in 2 contracts
Sources: Long Term Energy Supply Contract, Long Term 2 Energy Supply Contract