Default NEL MWh Clause Samples

The "Default NEL MWh" clause defines the default Net Energy Load measured in megawatt-hours (MWh) that will be used for calculations or obligations under the agreement when actual data is unavailable or disputed. In practice, this clause sets a predetermined value or method for determining the MWh figure, which may be referenced for billing, settlement, or compliance purposes if the actual metered data cannot be obtained. Its core function is to ensure continuity and clarity in contractual obligations by providing a fallback value, thereby preventing disputes or delays that could arise from missing or contested energy data.
Default NEL MWh. The initial default Net Energy for Load MWh volume will be based on the previous year’s data provided by the NERC/WECC report on NEL for the Load Serving Entity multiplied by 1.25.
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Default NEL MWh. The initial default will be used to calculate the RC Customer’s Net Energy for Load MWh volume will be based on the previous year’s data provided by the NERC/WECC report on NEL for the Load Serving Entity multiplied by 1.25.
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Default NEL MWh. The initial default Net Energy for Load MWh volume will be
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Related to Default NEL MWh

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  • Additional Event of Default The following will constitute an additional Event of Default with respect to Party B: "NOTE ACCELERATION NOTICE. A Note Acceleration Notice is served on Party B in relation to the Relevant Notes."

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