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 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)).] [Section 4.4 “XXX Factors and Monthly XXX Payment” below applies to As-Available Product only]

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)).] [Section 4.4 4.3 “XXX Factors and Monthly XXX Payment” below applies to As-Available Product only]] [4.3 XXX Factors and Monthly XXX Payment.