Availability Tests Sample Clauses

Availability Tests. 15 2.4.1 Unit AvailabilityTests...................................................................15 2.4.2 Plant Availablity Test...................................................................16
Sample 1Sample 2
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Availability Tests. As stipulated in Art.7.8 XXXX will perform two kinds of tests to ensure availability of the contracted Service: - The Capacity Availability Test, aiming at verifying that the BSP can effectively deliver at least its entire nominated FCR Power on one or more Providing Group(s) for certain Service Type(s), in all directions concerned. - The Energy Availability Test, aiming at verifying that the energy requirements mentioned in Art.6.1 can be respected at all time. The requested volume for each interval during the tests (Preq_test) is equal to the BSP’s absolute nominated FCR Power (at latest in intraday as per Art. 7.7) for the Service Type(s) and Providing Group(s) concerned by the test. If for one or more quarter-hours during a day of the Delivery Period the sum of the nominated volume in concerned Providing Groups is inferior to his FCR Power Obligation (unless in case of a Forced Outage) for the concerned Service Type, XXXX will apply a penalty as follows: Reduction_5=1/7*Weekly remuneration*Missing_nomination Where: - Weekly remuneration: The BSP’s remuneration for the concerned Delivery Period for the concerned Service Type; - Missing_nomination: The maximum difference between the BSP’s FCR Power Obligation and FCR Power Nominations among all quarter-hours of the concerned day. XXXX can perform Availability Tests on several Providing Groups simultaneously. Capacity Availability Tests can be performed for more than one Service Type per Providing Group, whereas Energy Availability Tests are only performed on one Service Type each time. XXXX will perform Availability Test for the entire Service Type obligation (whether it be nominated in one or more Providing Groups) unless if the obligation exceeds 25 MW for a certain Service Type in which case XXXX reserves the right to test part of the Service Type obligation. In case a BSP nominates more than 25 MW for a certain Service Type (summing nominated power for all Providing Groups) XXXX can activate a volume that corresponds to a part of the BSP’s FCR Power Obligation by only selecting the FCR Power volumes nominated on some FCR Providing Groups. This means that in this case XXXX will not necessarily verify with one Availability Test the BSP’s entire FCR Power Obligation for a certain Service Type. XXXX will only consider measures of Delivery Points from the Providing Groups that were selected by XXXX for an Availability Test. XXXX will always use for the monitoring of Availability Tests measurements of all ...
Sample 1

Related to Availability Tests

  • Product Availability Under no circumstances shall Company be responsible to Representative or anyone else for its failure to fill accepted orders, or for its delay in filling accepted orders, when such failure or delay is due to strike, accident, labor trouble, acts of nature, freight embargo, war, civil disturbance, vendor problems or any cause beyond Company's reasonable control.

  • Minimum Availability Borrower shall have minimum availability immediately following the initial funding in the amount set forth on the Schedule.

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from June 24, 2016 through and including July 7, 2016, $10,000,000, (ii) as of any date of determination during the period from July 8, 2016 through and including September 29, 2016, $17,500,000, and (iii) as of any date of during the period from September 30, 2016 through and including December 31, 2016, $20,000,000.

  • Undrawn Availability After giving effect to the initial Advances hereunder, Borrowers shall have Undrawn Availability of at least $10,000,000;

  • Market disruption; non-availability 3.6.1 If and whenever, at any time prior to the commencement of any Interest Period:

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Availability of Earnings Statements The Company shall make generally available to holders of its securities as soon as may be practicable but in no event later than the last day of the fifteenth (15th) full calendar month following the calendar quarter in which the most recent effective date occurs in accordance with Rule 158 of the Rules and Regulations, an earnings statement (which need not be audited but shall be in reasonable detail) for a period of twelve (12) months ended commencing after the effective date, and satisfying the provisions of Section 11(a) of the Act (including Rule 158 of the Rules and Regulations).

  • Borrowing Base Compliance After giving effect to the release of the Borrowing Base Property, the Total Outstandings will be less than or equal to the Maximum Loan Amount.

  • Availability Reserves All Revolving Loans otherwise available to Borrower pursuant to the lending formulas and subject to the Maximum Credit and other applicable limits hereunder shall be subject to Lender's continuing right to establish and revise Availability Reserves.

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