Monthly Availability Payment definition

Monthly Availability Payment means an amount determined in accordance with Sub-
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Monthly Availability Payment has the meaning given to that term in clause 13.1 (Billing Statements);
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Monthly Availability Payment the Contractor‟s fee, in line with term 2.3.1 of the Payments Document.
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Examples of Monthly Availability Payment in a sentence

  • The Monthly Availability Payment and the Monthly Surcharge Payment shall each be computed in accordance with Schedule B.

  • C2.1 Owner’s Obligation to Calculate Values The Owner shall calculate a value of the Annual Capacity Charge and Capacity Payment for each Unit and the Monthly Availability Payment for all Units in accordance with the rules set out in this Schedule C, save that if ETEDu < CYy then no value of CPuy shall be calculated for this Unit u (where ETEDU is the Unit Effective Term Completion Date, CYy is the Current Year and CPuy is the Capacity Payment).

  • NCPA agrees that it will not seek to increase the level of the Monthly Availability Payment under any MRSA that is part of this Settlement Agreement, under Section 14.3 of such MRSA or by any other means, based on the ISO’s proposal to modify the ISO Tariff to provide for dispatch of Energy under an MRSA at any time prior to the ISO’s establishment of Final Schedules for the Day-Ahead Market operated by the California Power Exchange Corporation.

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