Common use of Availability Factor Clause in Contracts

Availability Factor. The Availability Factor, expressed in hundredths (0.00), for the combined LT Peaking Resource shall be determined each Month as: (1) the sum of: (a) the product of: (i) the then current megawatts (MW) associated with the Remainder (ii) 0.86 (b) the product of: (i) the megawatts (MW) purchased by Oglethorpe Power pursuant to the notice incorporated above (ii) 0.92 (2) divided by the sum of: (a) the then current megawatts (MW) associated with the Remainder (b) the megawatts (MW) purchased by Oglethorpe Power pursuant to the notice incorporated above.

Availability Factor. The Availability Factor, expressed in hundredths (0.00), for the combined LT Peaking Steam Resource shall be determined each Month as: (1) the sum of: (a) the product of: (i) the then current megawatts (MW) associated with the Remainder (ii) 0.86 (b) the product of: (i) the megawatts (MW) purchased by Oglethorpe Power pursuant to the notice incorporated above (ii) 0.92for the Months of June, July and August, 0.92 for all other Months, 0.84 (2) divided by the sum of: (a) the then current megawatts (MW) associated with the Remainder (b) the megawatts (MW) purchased by Oglethorpe Power pursuant to the notice incorporated above.

Availability Factor. The Availability Factor, expressed in hundredths (0.00), for the combined LT Peaking Steam Resource shall be determined each Month as: (1) the sum of: (a) the product of: (i) the then current megawatts (MW) associated with the Remainder Remainder (ii) 0.86 (b) the product of: (i) the megawatts (MW) purchased by Oglethorpe Power pursuant to the notice incorporated above (ii) 0.92for the Months of June, July and August, 0.92 for all other Months, 0.84 (2) divided by the sum of: (a) the then current megawatts (MW) associated with the Remainder (b) the megawatts (MW) purchased by Oglethorpe Power pursuant to the notice incorporated above.