Non-compensated Curtailment Clause Samples

Non-compensated Curtailment. Throughout the Term, Supplier shall supply uninterrupted Product to Customer; provided that, from time-to-time after reasonable advance notice to Customer, Supplier may curtail Customer’s load (such interruption of service “Non-compensated Curtailment”) for up to a total of [***] MWh per calendar year (collectively, “the Annual Non-compensated Curtailment Cap”). Any curtailment in excess of the Annual Non-compensated Curtailment Cap shall be considered Compensated Curtailment and governed by the provisions concerning Compensated Curtailment set forth in this Section 2 of this TC. Moreover, before the Annual Non-compensated Curtailment Cap has been reached, Supplier may nominate any specific curtailment interval as Compensated Curtailment and make Customer whole under the Compensated Curtailment provisions, in which case such curtailment will not count against the Annual Non-compensated Curtailment Cap. Supplier and Customer shall work together in good faith to ensure the Automated Curtailment System will ensure the safe ramp-down and ramp-up of Customer’s load during periods of any Non-compensated Curtailment. Unused annual Non-compensated Curtailment shall not be carried over and added to the subsequent Annual Non-compensated Curtailment Cap. Notwithstanding any language to the contrary in this Section 2(d) of this TC, if due to an ▇▇▇▇▇ ▇▇▇ ▇▇▇▇▇ ▇ ▇▇ ▇▇▇ ▇▇▇▇▇ ▇ alert (an “EEA System Emergency”), Supplier is required by ERCOT to curtail pursuant to an EEA System Emergency (such curtailment, an “EEA System Emergency Curtailment”), Supplier and Customer shall [***]. An EEA System Emergency Curtailment shall [***]; provided, that it shall not [***].
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Related to Non-compensated Curtailment

  • Highly Compensated Employee The term Highly Compensated Employee includes highly compensated active employees and highly compensated former employees.

  • Limitation Year The Limitation Year is: (Choose (c) or (d)) [ x ] (c) The Plan Year. [ ] (d) The 12 consecutive month period ending every _____.

  • Shift Differential Pay SECTION 1: In addition to compensation provided by the wage schedule, employees working between the hours of 3:00 P.M. and 7:00 A.M. shall be paid a shift differential premium of $.45 (forty-five cents) per hour in addition to the regular pay for those hours. SECTION 2: Employees must work a minimum of 3 (three) hours in order for shift differential to apply.

  • Employer Contribution (a) An Employer contribution for health and dental benefits will only be made for each active employee who has at least eighty (80) paid regular hours in a month and who is eligible for medical insurance coverage, unless otherwise required by law. (b) It is understood that the administrative intent of this Article is that the Employer contribution is made for individuals who are participants in the medical insurance coverages. Participation will mean that eligible less-than-full-time employees who drop out of coverage will be considered to participate. Additionally, employees who elect to opt out of coverage for a cash incentive will be considered to participate.

  • How Do I Correct an Excess Contribution? If you make a contribution in excess of your allowable maximum, you may correct the excess contribution and avoid the 6% penalty tax under Section 4973 of the Internal Revenue Code for that year by withdrawing the excess contribution and its earnings on or before the due date, including extensions, of the tax return for the tax year for which the contribution was made (generally October 15th). Any earnings on the withdrawn excess contribution may be subject to a 10% early distribution penalty tax if you are under age 59½. In addition, in certain cases an excess contribution may be withdrawn after the time for filing your tax return. Finally, excess contributions for one year may be carried forward and applied against the contribution limitation in succeeding years.