Summary of Articles and Total Guaranteed Savings Clause Samples

Summary of Articles and Total Guaranteed Savings. Article 1 Summary of Articles and Total Guaranteed Savings Article 2 Measurement and Verification Options Article 3 Performance Guarantee Period Responsibilities of CLIENT Article 4 Measurement and Verification Plan Article 5 Utility Baseline Data Article 6 Utility Rate Structures and Escalation Rates Article 7 Contracted Baseline Conditions Appendix 1 – Boiler Design Documents Section Mechanical and Electrical references see “TCC WP1 100% CDs 051316.pdf” Mechanical Specifications references see “TCC 100% Specs.pdf” Appendix 2 – Building Automation Specifications and Cut Sheets Appendix 3 – Lighting Retrofit Specifications and Cut Sheets Appendix 4 – Lighting Occupancy Sensor Specifications and Cut Sheets Appendix 5Water Conservation Specifications and Cut Sheets Appendix 6 – Owner Direct Purchase of Materials Information Annual Period 1 3,043,875 751 32,495 3,943 1.1 Only Annual Period 1 is shown in the table above. The energy/utility unit savings will remain constant for each Annual Period of the Performance Guarantee Period. It is assumed the CLIENT will operate the Facility in accordance with the Contracted Baseline Conditions identified in Article 7. Construction Period $ 57,849 $ - $ 57,849 Annual Period 1 $ 332,412 $ 214,173 $ 546,585 Annual Period 2 $ 342,384 $ 215,378 $ 557,763 Annual Period 3 $ 352,656 $ 216,620 $ 569,275 Annual Period 4 $ 363,236 $ 217,898 $ 581,134 Annual Period 5 $ 374,133 $ 69,215 $ 443,348 Annual Period 6 $ 385,357 $ 58,572 $ 443,928 Annual Period 7 $ 396,917 $ 47,969 $ 444,886 Annual Period 8 $ 408,825 $ 49,408 $ 458,233 Annual Period 9 $ 421,090 $ 50,890 $ 471,980 Annual Period 10 $ 433,722 $ 52,417 $ 486,139 Annual Period 11 $ 446,734 $ 53,989 $ 500,723 Annual Period 12 $ 460,136 $ 55,609 $ 515,745 Annual Period 13 $ 473,940 $ 57,277 $ 531,217 Annual Period 14 $ 488,158 $ 58,995 $ 547,154 Annual Period 15 $ 502,803 $ 60,765 $ 563,568 1.2 Table 1.2 shows the CLIENT’S guaranteed Savings in dollars for each Annual Period that are extrapolated from the guaranteed energy/utility unit Savings shown in Table 1.1 by multiplying the energy/utility Savings by the Baseline energy/utility rates including the stipulated Escalation Rates found in Article 6. 1.3 SIEMENS cannot and does not predict fluctuations in utility rates or the cost of energy. Therefore, the CLIENT and SIEMENS agree that the energy/utility cost Savings for each Annual Period will be calculated by multiplying the verified units of energy/utility Savings by the A...

Related to Summary of Articles and Total Guaranteed Savings

  • Titles of Articles and Sections Any titles of the several parts, Articles, and Sections of this Agreement are inserted for convenience of reference only and shall be disregarded in construing or interpreting any of its provisions.

  • Application of Article This Article is intended only as a basis of calculating overtime payments, and nothing in this Agreement shall be construed as a guarantee of hours of work per day, week, tour of duty, work period or year.

  • Applicability of Article Securities of any series which are redeemable before their Stated Maturity shall be redeemable in accordance with their terms and (except as otherwise specified as contemplated by Section 301 for such Securities) in accordance with this Article.

  • Titles of Articles, Sections and Subsections All titles or headings to articles, sections, subsections or other divisions of this Agreement and the other Loan Documents or the exhibits hereto and thereto are only for the convenience of the parties and shall not be construed to have any effect or meaning with respect to the other content of such articles, sections, subsections or other divisions, such other content being controlling as to the agreement between the parties hereto.

  • Captions; Articles and Sections The captions contained in this Agreement are for reference purposes only and are not part of this Agreement. Unless otherwise indicated, all references to particular Articles or Sections shall mean and refer to the referenced Articles and Sections of this Agreement.