«Gross Revenues» means the total monies received by Grantee from a utility company or other
power purchaser (provided, however, that if electricity is sold to a subsidiary or
affiliate of Grantee, then, and only then, the gross receipts from the sale
of electricity under such contract shall be calculated using a sale
of not less than the arithmetical average
of the prices quoted by
market sources
of information, which information may be based upon the price paid by any purchaser or purchasers, including Grantee or any subsidiary or
affiliate of Grantee, for electricity produced in the Iowa region
of the Midwest Independent System Operator («MISO») from operation
of wind turbines during the calendar year immediate!y preceding the year in which such electricity production from the Wind Energy Project occurs, taking into account the aggregate terms associated with such transaction) derived from the sale
of electric energy and capacity produced and sold from the WTG's installed on the Premises, net
of proportional energy losses associated with the
power collection system or utility interconnection.
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