Common use of Scheduled and Delivered Amounts Clause in Contracts

Scheduled and Delivered Amounts. The Seller shall operate the Generating Facility consistent with Prudent Utility Practice and Seller shall deliver the Output consistent with water flow and other factors as described in Section 3.1(b). Buyer shall accept all delivered amounts of the Output. Seller shall use good faith efforts to ensure that the amount of Scheduled deliveries of forecasted Output matches the amount of the actual Output. Seller's Scheduling Coordinator shall Schedule from the Generating Facility to Buyer’s Scheduling Coordinator using a Physical Trade Scheduled on a day-ahead basis in accordance with the applicable tariffs, including the ISO Tariff, an amount of Energy equal to the forecasted Output for each applicable ISO settlement interval. Notwithstanding the foregoing, the Parties acknowledge that because of the scheduling and settlement requirements of the ISO, as specified in the ISO Tariff, Scheduled deliveries of the forecasted Output on a day-ahead basis and the actual Output may be unequal during any applicable ISO settlement interval. Due to the differences between Scheduled deliveries of the forecasted Output and the actual Output, any payment due from Buyer to Seller, as set forth in Section 3.1(a), shall be adjusted based on the imbalance energy settlement adjustment equations set forth in Exhibit 2.