Common use of Calculation of the Availability Factor Clause in Contracts

Calculation of the Availability Factor. Following the end of each LD Period, the Availability Factor shall be calculated for such LD Period as follows: Availability Factor = 1 – DownTime – ExcludedTime TotalTime - ExcludedTime where: TotalTime is the number of inverters in the Facility multiplied by the total number of seconds in the LD Period. DownTime is a subset of TotalTime that represents the aggregate of the number of inverter-seconds during the LD Period that one or more inverters are unavailable as indicated by the "inverter available" data point for such inverter sent via SCADA. DownTime is expressed as the total of the Facility's unavailable inverter-seconds (i.e., 1 unavailable inverter for 1 second) during the LD Period. ExcludedTime is a subset of DownTime that does not "count against" the Seller in calculating the Availability Factor. ExcludedTime is expressed in unavailable inverter seconds and is calculated by multiplying the number of inverters in the Facility that are unavailable by the total number of seconds in the LD Period when such unavailability is the result of any of the following conditions : The Facility or a portion of the Facility is unavailable due to Force Majeure. The Facility is unavailable due to a Forced Outage resulting from conditions on the Company System other than (i) Seller-Attributable System Conditions or (ii) conditions that the Facility is required to ride-through under Section 3 (Performance Standards) of Attachment B (Facility Owned by Seller). The "Plane of Array Irradiance" data point sent via SCADA is less than 50 W/ . What "counts against" the Seller in calculating the Availability Factor is DownTime minus ExcludedTime.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Calculation of the Availability Factor. Following the end of each LD Period, the Availability Factor shall be calculated for such LD Period as follows: Availability Factor = 1 – DownTime – ExcludedTime TotalTime - ExcludedTime where: TotalTime is the number of inverters in the Facility multiplied by the total number of seconds in the LD Period. DownTime is a subset of TotalTime that "counts against" the Seller in calculating the Availability Factor. DownTime represents the aggregate of the number of inverter-seconds during the LD Period that one or more inverters are unavailable as indicated by the "inverter available" data point for such inverter sent via SCADA. DownTime is expressed as the total of the Facility's unavailable inverter-seconds (i.e., 1 unavailable inverter for 1 second) during the LD Period. ExcludedTime is a subset of DownTime TotalTime that does not "count against" the Seller in calculating the Availability Factor. ExcludedTime is expressed in unavailable inverter seconds and is calculated by multiplying the number of inverters in the Facility that are unavailable by the total number of seconds in the LD Period when such unavailability is the result of any of the following conditions : The Facility or a portion of the Facility is unavailable due to Force Majeure. The Facility is unavailable due to a Forced Outage resulting from conditions on the Company System other than (i) Seller-Attributable System Conditions or (ii) conditions that the Facility is required to ride-through under Section 3 (Performance Standards) of Attachment B (Facility Owned by Seller). The Facility is unavailable for reasons other than Seller-Attributable Non-Generation. The "Plane of Array Irradiance" data point sent via SCADA is less than 50 W/ . What "counts against" Availability Benchmark and Liquidated Damages. For each LD Period, Seller shall achieve an Availability Factor, as calculated as provided in Section 2.5(a) (Calculation of Availability Factor) of this Agreement, of not less than the Seller in calculating Availability Benchmark. For avoidance of doubt, because the Availability Factor is DownTime minus ExcludedTime.calculated over an LD Period of 12 calendar months, the first month for which liquidated damages may be assessed under this Section 2.5(b) (Availability Benchmark and Liquidated Damages) would be the last calendar month of the initial Contract Year. If the Availability Factor for a LD Period is less than the Availability Benchmark, Seller shall pay, and Company shall accept, as liquidated damages for Seller's failure to achieve the Availability Benchmark for such LD Period, an amount calculated in accordance with the following formula:

Appears in 1 contract

Samples: Power Purchase Agreement

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