Available Capacity Factor Formula Sample Clauses

Available Capacity Factor Formula. Available Capacity Factor shall be determined as follows: Available Capacity Factor = Average Available Capacity / Demonstrated Firm Capacity (not to exceed 1.0). ATTACHMENT K GUARANTEED PROJECT MILESTONES [SUBJECT TO RESULTS OF THE IRS] (See Section 2.4(C) and Section 3.2(A)(2)) Guaranteed Project Milestone Date Description of Each Guaranteed Project Milestone
Sample 1
AutoNDA by SimpleDocs
Available Capacity Factor Formula. Available Capacity Factor shall be determined as follows: During the month for which the Capacity Charge is computed, the total Service Hours minus the total of Equivalent Forced Derated Hours (as defined in Attachment C (Methods and Formulas for Measuring Performance Standards/Selected Portions of NERC GADS)), Equivalent Planned Derated Hours (as defined in Attachment C (Methods and Formulas for Measuring Performance Standards/Selected Portions of NERC GADS)), and Equivalent Unplanned Derated Hours (as defined in Attachment C (Methods and Formulas for Measuring Performance Standards/Selected Portions of NERC GADS)) during the prior month (other than those excluded pursuant Section 4.2 (No Obligation to Accept Energy)), divided by Period Hours (as defined in Attachment C (Methods and Formulas for Measuring Performance Standards/Selected Portions of NERC GADS)). ATTACHMENT K GUARANTEED PROJECT MILESTONES (See Section 2.4(A)(1) and Section 3.2(A)(2) of the Agreement) [THE FOLLOWING ARE EXAMPLES. COMPANY AND SELLER WILL DISCUSS OTHER REPORTING MILESTONES THAT WOULD BE APPROPRIATE FOR A SPECIFIC PROJECT.] EVENT MONTHS AFTER NON-APPEALABLE PUC APPROVAL ORDER DATE Issuance of Preparation Notice for Environmental Impact Study Agency Acceptance of Environmental Impact Statement Receipt of Final (appeals exhausted) Covered Source Air Permit Financial Closing Turbine/Generator Delivered to Site Commercial Operation Date ATTACHMENT L REPORTING MILESTONES (See Section 2.4(A)(2) and Section 3.2(A)(2) of the Agreement) [THE FOLLOWING ARE EXAMPLES. COMPANY AND SELLER WILL DISCUSS OTHER REPORTING MILESTONES THAT WOULD BE APPROPRIATE FOR A SPECIFIC PROJECT.] EVENT MONTHS AFTER NON-APPEALABLE PUC APPROVAL ORDER DATE Obtains control of all lands and rights-of-way comprising the Site Application for all Construction Governmental Approvals Filed Fuel Supply Contract Signed All Construction Governmental Approvals Received Construction Start (pour foundation for new turbine/generator) ATTACHMENT M FORM OF STANDBY LETTER OF CREDIT (See Section 7.1(E)) [Bank Letterhead] [Date] Beneficiary: [HAWAIIAN ELECTRIC COMPANY, HELCO or MECO as appropriate] [ADDRESS] [BANK'S NAME] [BANK'S ADDRESS] Re: Irrevocable Standby Letter of Credit We hereby establish, in your favor, our irrevocable standby Letter of Credit Number _____ (this “Letter of Credit”) for the account of [APPLICANT'S NAME] and [APPLICANT'S ADDRESS] in the initial amount of $__________ [DOLLAR VALUE] and authorize you, Hawaiia...
Sample 1

Related to Available Capacity Factor Formula

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • Application of Earnings The Borrower undertakes with the Lenders to procure that money from time to time credited to, or for the time being standing to the credit of, an Earnings Account shall, unless and until an Event of Default or Potential Event of Default shall have occurred (whereupon the provisions of Clause 17.1 shall be and become applicable), be available for application in the following manner:

  • Formula The formula referred to in paragraph 3.1 is as follows: = ∑�( + )●●●� where:

  • Available Commitment After giving effect to the proposed Borrowing, the Principal Obligations will not exceed the Available Commitment and the aggregate Principal Obligations will not exceed the Maximum Commitment.

  • Required Amount (a) With respect to each Distribution Date, on the related Determination Date, the Servicer shall determine the amount (the “Class A Required Amount”), if any, by which (x) the sum of (i) Class A Monthly Interest for such Distribution Date, (ii) any Class A Monthly Interest previously due but not paid to the Class A Certificateholders on a prior Distribution Date, (iii) any Class A Additional Interest for such Distribution Date and (iv) any Class A Additional Interest previously due but not paid to the Class A Certificateholders on a prior Distribution Date, (v) if TRS or an Affiliate of TRS is no longer the Servicer, the Class A Servicing Fee for such Distribution Date, (vi) if TRS or an Affiliate of TRS is no longer the Servicer, any Class A Servicing Fee previously due but not paid to the Servicer, and (vii) the Class A Investor Default Amount, if any, for such Distribution Date exceeds (y) the Class A Available Funds. In the event that the difference between (x) the Class A Required Amount for such Distribution Date and (y) the amount of Excess Spread and Excess Finance Charge Collections applied with respect thereto pursuant to subsection 4.07(a) on such Distribution Date is greater than zero, the Servicer shall give written notice to the Transferors and the Trustee of such excess Class A Required Amount on the date of computation.

  • Distribution Compliance Period The Purchaser agrees not to resell, pledge or transfer any Purchased Shares within the United States or to any U.S. Person, as each of those terms is defined in Regulation S, during the 40 days following the Closing Date.

  • Rounding of Calculations; Minimum Adjustments All calculations under this Section 13 shall be made to the nearest one-tenth (1/10th) of a cent or to the nearest one- hundredth (1/100th) of a share, as the case may be. Any provision of this Section 13 to the contrary notwithstanding, no adjustment in the Exercise Price or the number of Shares into which this Warrant is exercisable shall be made if the amount of such adjustment would be less than $0.01 or one-tenth (1/10th) of a share of Common Stock, but any such amount shall be carried forward and an adjustment with respect thereto shall be made at the time of and together with any subsequent adjustment which, together with such amount and any other amount or amounts so carried forward, shall aggregate $0.01 or 1/10th of a share of Common Stock, or more.

  • Payment Frequency As of the Cutoff Date and as shown on the books of CNHCA: (A) Receivables having an aggregate Statistical Contract Value equal to 76.88% of the Aggregate Statistical Contract Value had annual scheduled payments, (B) Receivables having an aggregate Statistical Contract Value equal to 2.70% of the Aggregate Statistical Contract Value had semi-annual scheduled payments, (C) Receivables having an aggregate Statistical Contract Value equal to 0.79% of the Aggregate Statistical Contract Value had quarterly scheduled payments, (D) Receivables having an aggregate Statistical Contract Value equal to 17.19% of the Aggregate Statistical Contract Value had monthly scheduled payments, and (E) Receivables having an aggregate Statistical Contract Value equal to 2.45% of the Aggregate Statistical Contract Value had irregularly scheduled payments.

Time is Money Join Law Insider Premium to draft better contracts faster.