Common use of Expected Annual Net Energy Production Clause in Contracts

Expected Annual Net Energy Production. The Expected Annual Net Energy Production for each Term Year will be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in MWh = A x B x C Where: A = The Installed DC Rating, in MWPDC. (As of the Effective Date and until Anaheim’s verification of Seller’s installation of the Generating Facility pursuant to EXHIBIT K, this rating is deemed to be 2.4 MWPDC.). B = Annual Energy Yield Factor 21.51% MWh AC per MWPDC per year. C = Annual degradation factor in each Term Year as follows: Term Year Installed DC Rating Annual Energy Yield Factor Annual Degradation Expected Annual Net Energy (MWPDC) Factor Production (MWh) 1 2.4 MWPDC 21.51% 100.00% 4,522 2 2.4 MWPDC 21.51% 99.25% 4,488 3 2.4 MWPDC 21.51% 98.51% 4,454 4 2.4 MWPDC 21.51% 97.77% 4,421 5 2.4 MWPDC 21.51% 97.03% 4,388 6 2.4 MWPDC 21.51% 96.31% 4,355 7 2.4 MWPDC 21.51% 95.58% 4,322 8 2.4 MWPDC 21.51% 94.87% 4,290 Article One -- §1.01 Special Conditions 9 2.4 MWPDC 21.51% 94.16% 4,257 10 2.4 MWPDC 21.51% 93.45% 4,226 11 2.4 MWPDC 21.51% 92.75% 4,194 12 2.4 MWPDC 21.51% 92.05% 4,162 13 2.4 MWPDC 21.51% 91.36% 4,131 14 2.4 MWPDC 21.51% 90.68% 4,100 15 2.4 MWPDC 21.51% 90.00% 4,069 16 2.4 MWPDC 21.51% 89.32% 4,039 17 2.4 MWPDC 21.51% 88.65% 4,009 18 2.4 MWPDC 21.51% 87.99% 3,979 19 2.4 MWPDC 21.51% 87.33% 3,949 20 2.4 MWPDC 21.51% 86.67% 3,919 21 2.4 MWPDC 21.51% 86.02% 3,890 22 2.4 MWPDC 21.51% 85.38% 3,861 23 2.4 MWPDC 21.51% 84.74% 3,832 24 2.4 MWPDC 21.51% 84.10% 3,803 25 2.4 MWPDC 21.51% 83.47% 3,774

Appears in 1 contract

Sources: Renewable Power Purchase and Sale Agreement

Expected Annual Net Energy Production. The Expected Annual Net Energy Production for each Term Year will be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in MWh = A x B x C Where: A = The Installed DC Rating, in MWPDC. (As of the Effective Date and until Anaheim’s verification of Seller’s installation of the Generating Facility pursuant to EXHIBIT K, this rating is deemed to be 2.4 MWPDC.). B = Annual Energy Yield Factor 21.51% MWh AC per MWPDC per year. C = Annual degradation factor in each Term Year as follows: Term Year Installed DC Rating (MWPDC) Annual Energy Yield Factor Annual Degradation Factor Expected Annual Net Energy (MWPDC) Factor Production (MWh) 1 2.4 MWPDC 21.51% 100.00% 4,522 2 2.4 MWPDC 21.51% 99.25% 4,488 3 2.4 MWPDC 21.51% 98.51% 4,454 4 2.4 MWPDC 21.51% 97.77% 4,421 5 2.4 MWPDC 21.51% 97.03% 4,388 6 2.4 MWPDC 21.51% 96.31% 4,355 7 2.4 MWPDC 21.51% 95.58% 4,322 8 2.4 MWPDC 21.51% 94.87% 4,290 Article One -- §1.01 Special Conditions 9 2.4 MWPDC 21.51% 94.16% 4,257 10 2.4 MWPDC 21.51% 93.45% 4,226 11 2.4 MWPDC 21.51% 92.75% 4,194 12 2.4 MWPDC 21.51% 92.05% 4,162 13 2.4 MWPDC 21.51% 91.36% 4,131 14 2.4 MWPDC 21.51% 90.68% 4,100 15 2.4 MWPDC 21.51% 90.00% 4,069 16 2.4 MWPDC 21.51% 89.32% 4,039 17 2.4 MWPDC 21.51% 88.65% 4,009 18 2.4 MWPDC 21.51% 87.99% 3,979 19 2.4 MWPDC 21.51% 87.33% 3,949 20 2.4 MWPDC 21.51% 86.67% 3,919 21 2.4 MWPDC 21.51% 86.02% 3,890 22 2.4 MWPDC 21.51% 85.38% 3,861 23 2.4 MWPDC 21.51% 84.74% 3,832 24 2.4 MWPDC 21.51% 84.10% 3,803 25 2.4 MWPDC 21.51% 83.47% 3,7743,774 1.02 Forecasted Initial Synchronization Date.‌ The Forecasted Initial Synchronization Date is February 1st 2015.

Appears in 1 contract

Sources: Renewable Power Purchase and Sale Agreement

Expected Annual Net Energy Production. The Expected Annual Net Energy Production for each Term Year will be the value calculated in accordance with the following formula: EXPECTED ANNUAL NET ENERGY PRODUCTION, in MWh = A x B x C Where: A = The Installed DC Rating, in MWPDC. (As of the Effective Date and until Anaheim’s verification of Seller’s installation of the Generating Facility pursuant to EXHIBIT K, this rating is deemed to be 2.4 MWPDC.). B = Annual Energy Yield Factor 21.51% MWh AC per MWPDC per year. C = Annual degradation factor in each Term Year as follows: Term Year Installed DC Rating (MWPDC) Annual Energy Yield Factor Annual Degradation Factor Expected Annual Net Energy (MWPDC) Factor Production (MWh) 1 2.4 MWPDC 21.51% 100.00% 4,522 2 2.4 MWPDC 21.51% 99.25% 4,488 3 2.4 MWPDC 21.51% 98.51% 4,454 4 2.4 MWPDC 21.51% 97.77% 4,421 5 2.4 MWPDC 21.51% 97.03% 4,388 6 2.4 MWPDC 21.51% 96.31% 4,355 7 2.4 MWPDC 21.51% 95.58% 4,322 8 2.4 MWPDC 21.51% 94.87% 4,290 Article One -- §1.01 Special Conditions 9 2.4 MWPDC 21.51% 94.16% 4,257 10 2.4 MWPDC 21.51% 93.45% 4,226 11 2.4 MWPDC 21.51% 92.75% 4,194 12 2.4 MWPDC 21.51% 92.05% 4,162 13 2.4 MWPDC 21.51% 91.36% 4,131 14 2.4 MWPDC 21.51% 90.68% 4,100 15 2.4 MWPDC 21.51% 90.00% 4,069 16 2.4 MWPDC 21.51% 89.32% 4,039 17 2.4 MWPDC 21.51% 88.65% 4,009 18 2.4 MWPDC 21.51% 87.99% 3,979 19 2.4 MWPDC 21.51% 87.33% 3,949 20 2.4 MWPDC 21.51% 86.67% 3,919 21 2.4 MWPDC 21.51% 86.02% 3,890 22 2.4 MWPDC 21.51% 85.38% 3,861 23 2.4 MWPDC 21.51% 84.74% 3,832 24 2.4 MWPDC 21.51% 84.10% 3,803 25 2.4 MWPDC 21.51% 83.47% 3,774

Appears in 1 contract

Sources: Renewable Power Purchase and Sale Agreement