Compensation described in the Production Deviation Rules Sample Clauses

Compensation described in the Production Deviation Rules. Pursuant to Article 12.2.1 of the Contract, if [ARP] has been nominated Access Responsible Party responsible for monitoring an Injection Point for which a purchase-sale contract for electrical energy has been concluded pursuant to article 7(3) of the Electricity Act, ▇▇▇▇ will record on a monthly basis any deviations per quarter-hour for this Injection Point observed: a) between the Energy Production Forecasts used to submit Day-Ahead Nominations and the Day-Ahead Nominations submitted to ▇▇▇▇; b) between the Energy Production Forecasts used to submit Intraday Nominations and the Intraday Nominations submitted to ▇▇▇▇: - if these Intraday Nominations are not within the margin between the Day-Ahead Nominations for the quarter-hour in question and the Energy Production Forecasts used to submit the Intraday Nominations submitted to ▇▇▇▇; and - if these last Intraday Nominations are closer to the Energy Production Forecasts used to submit these Intraday Nominations than the Day-Ahead Nominations; c) between the last Day-Ahead Nominations confirmed by ▇▇▇▇ and the last Intraday Nominations confirmed by ▇▇▇▇: - if these Intraday Nominations are not within the margin between the Day-Ahead Nominations for the quarter-hour in question and the Energy Production Forecasts used to submit the Intraday Nominations submitted to ▇▇▇▇; and - if these Intraday Nominations are closer to the Day-Ahead Nominations than the Energy Production Forecasts used to submit these Intraday Nominations. At the end of each calendar month, ▇▇▇▇ informs [ARP] of the deviations observed during the previous month and asks [ARP] via registered letter or e-mail with return receipt to provide the reasons for this(/these) deviation(s). If, within thirty (30) days of receipt of the letter or e-mail, [ARP] is unable to provide ▇▇▇▇ with information making it possible to reasonably determine that the deviations observed are attributable to cases of force majeure or emergencies, ▇▇▇▇ invoices an equivalent compensation amount for each quarter-hour deviation observed. Such compensation amount is the product of: - the absolute value of the deviation observed for the quarter-hour in question; - the Belpex Day-Ahead price for the quarter-hour in question; - a coefficient. The initial coefficient is set at 120% and is applicable to all deviations observed during the calendar month during which the first deviation was observed. This coefficient is increased for calendar months directly following a month du...
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Related to Compensation described in the Production Deviation Rules

  • Interconnection Customer Compensation If the CAISO requests or directs the Interconnection Customer to provide a service pursuant to Articles 9.6.3 (Payment for Reactive Power) or 13.5.1 of this LGIA, the CAISO shall compensate the Interconnection Customer in accordance with the CAISO Tariff.

  • PREVAILING WAGE RATES - PUBLIC WORKS AND BUILDING SERVICES CONTRACTS If any portion of work being Bid is subject to the prevailing wage rate provisions of the Labor Law, the following shall apply:

  • Compensation for Additional Services Additional Services shall be compensated as set forth on Exhibit A for the stipulated payment amounts set forth therein. Other Additional Services not set forth on Exhibit A that are required or requested by the Owner shall be compensated as agreed, using the methodology set forth on Exhibit A, prior to the Design Professional undertaking such Additional Services; provided, however, that if such compensation cannot be agreed, the Additional Services shall be performed at the hourly rates set forth and listed in Exhibit B, plus reimbursable expenses pursuant to Article 4.1.3 below, with a limitation as to maximum amount specified.

  • Developer Compensation for Emergency Services If, during an Emergency State, the Developer provides services at the request or direction of the NYISO or Connecting Transmission Owner, the Developer will be compensated for such services in accordance with the NYISO Services Tariff.

  • Detailed Description of Services / Statement of Work Describe fully the services that Contractor will provide, or add and attach Exhibit B to this Agreement.