Agenda - 02-03-2009 - 6b - Laserfiche WebLink

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38 is defined in Article VIII hereunder); and (b) for any period after the Conversion Payment Date during which the University operates the flare. 115. The University shall continuously monitor the LFG at Meter Points A and B, and such LFG will be measured,recorded, and totalized on an hourly, daily and monthly basis. The heating energy content of the LFG delivered to the flare shall be based on its measured monthly methane content at Meter Point B. The methane content shall be measured in scf/month and shall be equal to the product of (a) the percent methane by volume, and (b) the LFG measured in scflmonth at Meter Point B (the "Meter Point i ' e . ,e Content"). For purposes of determining the Flare Payment,the total monthl 1 »` ;. ener- fp I ntent of the LFG measured at Meter Point B (the "Flare MMBTU HHV") shall be ob - . by dividing the product of(a) the Meter Point B Methane Content, and (b) 1,012, by 1,000,000. 1:F_< -ss in a formula, the Flare MMBTU HHV=Meter Point B Methane Content x 1012_ 1,000 0.0. 116.116. For a give I uring the Term of this Agreement,the Flare Payment shall be equal to the Flare ' '1 percentage may be adjusted in accordance with Subpart E of this Article VII, multi = F=. .•1 ed by multiplying (i) the Flare MMBTU HHV for such month by (u) ■r _ ser of the BTU Equivalent Price or the Adjusted BTU Equivalent Price. Expressed in a , is ula, the monthly Flare Payment = (0.053) x (Flare MMBTU HHV) x BTU Equivalent Price or Adjusted BTU Equivalent Price, whichever is less. A sample calculation of the Flare Payment is shown in Exhibit F. D. Payment for Gas Converted to Energy 117. Each month during the Term of this Agreement, the University shall make payments to the County based on the heating energy content of the LFG that is delivered to the Gas Conversion System (the "Conversion Payment") (a) commencing upon the Conversion 33 (00018638.DOC 21)