Contract Price Components definition

Contract Price Components has the meaning set forth in section 5.2(a).
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Contract Price Components has the meaning set forth in section 5.2(a). “Contract Year” means each consecutive 12-Month period beginning June 1 through May 31; except that if the Commercial Operation Date does not occur on June 1, then the first Contract Year will run from the Commercial Operation Date through the immediately following May 31.
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Examples of Contract Price Components in a sentence

  • The Parties acknowledge that for each Contract Year of this agreement, the Commission will determine the Contract Price Components and the Monthly Contract Price, based on the projections submitted by Seller and the Formula Rate.

  • Seller shall also submit to the Commission the formula rate (“Formula Rate”) that will use Seller’s Contract Price Components to determine the Monthly Contract Prices.

  • If required by the Commission, Seller shall also submit to the Commission (i) initial projections of its costs, revenues and credits (“Contract Price Components”) for the Term of this agreement; and (ii) the formula rate (“Formula Rate”) that will use Seller’s Contract Price Components to determine the Monthly Contract Prices.

  • The Parties acknowledge that based on the projected Contract Price Components and the Forecasted Total Retail Load submitted by Seller, the Commission will determine the Monthly Contract Prices for the next Contract Year of this agreement using the Formula Rate.

  • The Parties acknowledge that for each Contract Year of this agreement,49 the Commission will determine the50 Project51 Contract Price Components and the Monthly Contract Price, based on the projections submitted by Seller and the 52Formula53Fomula54 Rate.

  • If required by the Commission, 45Seller shall also submit to the Commission46 the47: (i) initial projections of its costs, revenues and credits (“Contract Price Components”) for the Project for the term of this agreement; and (ii) a48 formula rate (“Formula Rate”) that will use Seller’s Contract Price Components to determine the Monthly Contract Prices.

  • The Parties further acknowledge that the costs, revenues, and credits underlying the Contract Price Components may be subject to periodic audit and review for prudence and reasonableness, in a manner to be determined by the Commission.

Related to Contract Price Components

  • Contract Price means the price payable to the supplier under the contract for the full and proper performance of his contractual obligations.

  • Contract Price(s) means the price(s) tendered by the contractor and accepted by the Council for the execution of the contract.

  • The Contract Price/ Project Cost means the price payable to the Vendor under the Contract for the full and proper performance of its contractual obligations.

  • The Contract Price means the price payable to the Supplier under the Contract for the full and proper performance of its contractual obligations.

  • Total Contract Price/Project Cost/TCO means the price payable to Service Provider over the entire period of Contract for the full and proper performance of its contractual obligations.