Stored Energy Service Charges Clause Samples

Stored Energy Service Charges. If a Reservoir Party generates energy with stored water and consequently spills an equivalent amount of energy elsewhere on its System or if that Reservoir Party transfers such energy to another Party for immediate spill, such energy shall be considered spilled energy. When the reservoirs of the Coordinated System reach the Refill Criterion, a Reservoir Party may purchase any remaining energy stored in its reservoirs by a Supplying Party under this subsection 9(i) from such Supplying Party at the rate set forth for Interchange Energy imbalances in paragraph 14(a)(2), Regular Interchange Energy Imbalances.
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Stored Energy Service Charges. The Supplying Party shall pay the Receiving Party for stored energy services under this subsection 14(f), unless a refund is required as specified below. For purposes of this subsection 14(f), Peak Load Hours (“PLH”) shall mean those PLHs designated by the Receiving Party. For purposes of this subsection 14(f), “short-term storage” shall mean energy that has been in storage for less than two weeks and “long-term storage” shall mean energy that has been in storage for two weeks or longer. A “first-in, first-out” accounting method shall be used to determine whether storage is short- or long-term when a requesting Party has stored energy with a Reservoir Party on more than one occasion. In such instances, deliveries out of storage accounts shall be applied first to decrease the balances of the earliest energy deliveries.
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Related to Stored Energy Service Charges

  • Service Charges No service charge shall be made for any exchange or registration of transfer of Warrants.

  • Transportation Charges The cost of transporting Employees and Material necessary for the Mining Operations.

  • CONTRACT CHARGES The Contract Charges for the Services shall be structured using any of the following pricing mechanisms (as may be agreed by the Parties and set out in an SOW); Capped Time and Materials; Price per Story; Time and Materials; Fixed Price (to be used only for Services that are ancillary to software development services); or using such other pricing mechanism or combination of pricing mechanism thereof as may be agreed by the Parties. In consideration of the Supplier’s performance of its obligations under this Contract and in consideration of the specific services that are set out in an applicable SOW, the Customer shall pay the undisputed Contract Charges in accordance with the relevant SOW for the Release and the payment provisions set out at Clause 14 (Payment and VAT). The Customer shall, in addition to the Contract Charges and following delivery by the Supplier of an Invoice, pay the Supplier a sum equal to the VAT chargeable on the value of the Services supplied in accordance with this Contract. If at any time during this Contract Period the Supplier reduces its framework Prices for any Services which are provided under the framework Agreement (whether or not such Services are offered in a catalogue (if any) which is provided under the framework Agreement) in accordance with the terms of the framework Agreement, the Supplier shall immediately reduce the Contract Charges for such Services under this Contract by the same amount. The Supplier shall in any event ensure that the Contract Charges are at all times compliant and consistent with the charging structure set out in framework Schedule 8 (Charging Structure) and do not exceed the prices set out therein. Contract Charges:

  • Electricity Charges The licensee herein shall pay the electricity bills directly for energy consumed on the licensed premises and should submit original receipts to Licensor indicating that the electricity bills are paid.

  • Fire Department Service Charge We will pay up to $500 for your liability assumed by contract or agreement for fire department charges incurred when the fire department is called to save or protect covered property from a Peril Insured Against. We do not cover fire department service charges if the property is located within the limits of the city, municipality or protection district furnishing the fire department response. This coverage is additional insurance. No deductible applies to this coverage.