Agenda - 12-11-2008 - 3a - Laserfiche WebLink

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57 the LFG measured at Meter Point A (the "Conversion MMBTU HHV") shall be obtained by dividing the product of (a) the Meter Point A Methane Content, .and (b) 1,012, by 1,000,000. Expressed in a formula, the .Conversion MMBTU HI-N =Meter Point A Methane Content x 1012 _ 1,000,000. 120. For a given month during the Term of this Agreement~,~the Conversion Payment shall be equal to the product of (a) the Conversion Percentage~as such percentage may be ~_.:.. _ adjusted in accordance with Subpart E of this Article VI~.nd (6J`~~product obtained by multiplying (i) the Conversion MMBTU HHV for such month by (il) t~i°"~ I~~ser of the BTU E uivalent Price or the Adjusted BTU Equivalent Price. Expressed in a formula3~~~` e County's q monthly Conversion Payment = (.166) x (Conversion MMBTU HHV) x BTU Equivalent Price or Adjusted BTU Equivalent Price, Payment is shown in Exhibit F. 121. The Parties recognize that reductions in GHG emissions and associated is less. A sample calculation of the Conversion :~, ~~ ~~ ~~.. "'~~ ations,pohcles and procedures governing for Environmental Benefits, including Carbon Credits and Emission Allowances, are evolving. Accordingly, the University will strive ~~ to adopt~ciost effectlve~~ra~~ices with respect to the LFG Froject to ma~rimi~e the Environmental Benefits es~~lting from thes~rt~ject and to measure and document them in a way that meets both ~, ' ;° the Universlt ~"~nternal cari~~o~ n reduction objectives and the County s objective to generate ~',, economic benefits. ,~ E. 122. General. During the Term of this Agreement, the Parties acknowledge that changes in the renewable energy marketplace and in the regulation of GHG emissions may occur that may affect the compensation paid to the County under this Agreement. Accordingly, pursuant to the terms and conditions hereunder, the Parties agree to make certain adjustments to 34 {00018638.DOC 16}