Common use of Capacity Factor Clause in Contracts

Capacity Factor. The Capacity Factor shall be calculated by XXX Period and defined as the percentage amount resulting from Delivered Energy in the applicable XXX Period divided by the product resulting from multiplying the Contract Capacity times the number of hours in the applicable XXX Period minus Seller Excuse Hours in the applicable XXX Period (“Capacity Factor”): Capacity Factor = Delivered Energy / (Contract Capacity x (Hours in XXX Period minus Seller Excuse Hours)).

Appears in 12 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase and Sale Agreement

AutoNDA by SimpleDocs

Capacity Factor. The Capacity Factor shall be calculated by XXX Period and defined as the percentage amount resulting from Delivered Energy plus Deemed Delivered Energy, if any, in the applicable XXX Period divided by the product resulting from multiplying the Contract Capacity times the number of hours in the applicable XXX Period minus Seller Excuse Hours in the applicable XXX Period (“Capacity Factor”): Capacity Factor = (Delivered Energy + Deemed Delivered Energy) / (Contract Capacity x (Hours in XXX Period minus Seller Excuse Hours)).]

Appears in 6 contracts

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

Capacity Factor. The Capacity Factor shall be calculated by XXX Period and defined as the percentage amount resulting from Delivered Energy plus Deemed Delivered Energy, if any, in the applicable XXX Period divided by the product resulting from multiplying the Contract Capacity times the number of hours in the applicable XXX Period minus Seller Excuse Hours in the applicable XXX Period (“Capacity Factor”): Capacity Factor = (Delivered Energy + Deemed Delivered Energy) / (Contract Capacity x × (Hours in XXX Period minus Seller Excuse Hours)).]

Appears in 5 contracts

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

Capacity Factor. The Capacity Factor shall be calculated by XXX Period and defined as the percentage amount resulting from Delivered Energy in the applicable XXX Period divided by the product resulting from multiplying the Contract Capacity times the number of hours in the applicable XXX Period minus Seller Excuse Hours in the applicable XXX Period (“Capacity Factor”): Capacity Factor = Delivered Energy / (Contract Capacity x (Hours in XXX Period minus Seller Excuse Hours)). ] [4.3][4.4] XXX Factors and Monthly XXX Payment.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Capacity Factor. The Capacity Factor shall be calculated by XXX Period and defined as the percentage amount resulting from Delivered Energy in the applicable XXX Period divided by the product resulting from multiplying the Contract Capacity times the number of hours in the applicable XXX Period minus Seller Excuse Hours in the applicable XXX Period (“Capacity Factor”): Capacity Factor = Delivered Energy / (Contract Capacity x (Hours in XXX Period minus Seller Excuse Hours)).]

Appears in 1 contract

Samples: Power Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!